(SeeNews) – May 30, 2012 – German power grid operator Tennet Tso GmbH said today it and three other German sector players presented in Berlin a draft for a network expansion plan to back the German energy transition.
TenneT said that the planned nuclear phase-out and increased feed-in of renewable power require a further development of the networks. As a result, an investment of about EUR 20 billion (USD 24.9bn) will be needed for the next ten years, the four companies, Tennet, 50Hertz, Amprion and TransnetBW, estimated. The firms expect optimisation measures for 4,400 km (2,737 miles) of existing network in the coming ten years. In addition, 3,800 km of new lines are to be built.
The draft will be available for public consultations until July 2012.
Tennet Tso GmbH is a unit of Dutch state-owned grid operator Tennet Holding BV.
(EUR 1.0 = USD 1.244)