Planned Substation: Land Consumption Postponed
The construction of a new substation in Wetterau has been postponed to 2045, sparking temporary relief among opponents but not altering the fundamental need for network expansion.
Major Project in Wetterau: Planning for Substation on 43 Football Fields Paused
The planning for a substation in Wetterau, Germany, is delayed by several years, while the operator continues to seek land for its construction.
Participation in Tennet: Strengthen Network Operators, Not Buy Them
The German government is advised to withdraw from ownership stakes in energy firms like Tennet and to focus instead on strengthening existing network operators.
Critical Infrastructure: The Federal Government Invests in the Power Grid Operator Tennet - And That's a Good Thing
The German government is acquiring a 25.1% stake in Tennet, the country's largest transmission system operator, to strengthen its influence over electricity distribution from renewable sources.
German government bought a stake in the network operator for 3.3 billion euros
The German government announced it has acquired a stake in the German branch of Dutch energy network operator TenneT for 3.3 billion euros, emphasizing the strategic investment in critical energy infrastructure.
State participates in network expansion: Federation enters Tennet
The German government has secured a 25.1% stake in Tennet's German subsidiary by signing a contract worth approximately 3.3 billion euros, ensuring capital needs are met.
Dutch-German Transaction: Tennet's Way Out
The German government is acquiring a minority stake in Tennet's German operations, marking a strategic exit from a prolonged search for new owners following its initial plan for a complete takeover.
Critical Infrastructure: Federal Government Invests 3.3 Billion Euros in Power Grid Operator Tennet
The German government is acquiring a 25.1% stake in the country's largest power grid operator to strengthen control over critical energy infrastructure.
Grid Operator: Federal Government Acquires Stake in Grid Operator Tennet for 3.3 Billion Euros
The German government has acquired a minority share of 25.1% in Tennet Deutschland for 3.3 billion euros after several months of preparation, making Tennet the largest transmission system operator in Germany.
With billions for the power grids, the state must now fulfill Habeck's promise
Despite tight budgets, the German government is contributing 7.6 billion euros to the network operator TenneT, leaving taxpayers to cover the follow-up costs stemming from former Economics Minister Robert Habeck's energy transition efforts ahead of the announced spending brake by his successor.
Investment in Critical Infrastructure: State Billions for Power Grids
The German government is investing in the Dutch network operator Tennet to secure the energy transition, which could reduce electricity prices in the medium term.