50Hertz invests €4.6 billion in expansion of transmission network

"With these contracts, we are creating an important prerequisite so that Germany can achieve the goal of climate neutrality by 2045," said 50Hertz CEO Stefan Kapferer on Friday. However, he said, grid expansion was still in its infancy. The manager pleaded for the acceptance of the financing in the population on the way to more renewable energies. The costs would have to be financed finally foreseeable by the electricity customers against.

In the development of the so-called highest voltage net it concerns that new lines bring climaticneutrally produced river there, where it is needed - particularly from the north into the south. In the regions, electricity distribution networks with lower voltages then take over the energy supplied by the "electricity highways" and transmit it to the points of consumption. The four transmission system operators Amprion, TransnetBW, 50Hertz and Tennet take care of grid expansion in Germany.

50Hertz operates the electricity transmission grid in northern and eastern Germany. The 50Hertz network area includes the federal states of Brandenburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia, as well as the city states of Berlin and Hamburg. Thus, the company is jointly responsible for the power supply of about 18 million people.