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    Amprion unveils EUR-12bn investment plan for Germany's energy system


    May 5, 2022 - SeeNews Renewables

     

      May 5 (Renewables Now) - Grid operator Amprion GmbH is planning to spend EUR 12 billion (USD 12.63bn) on the transformation of Germany's energy system until 2026.

      The company's investment plan is focused on the expansion of the north-south axes of the power grid to enable electricity supply from offshore wind parks in the north to the mainland. A major initiative in this area is the Corridor B project meant to transport 4 GW of wind power to the Ruhr area from 2030, thus replacing the capacity of five large coal-fired power plants.

      Investments will be made also in innovative technologies such as Statcom systems to ensure the stability of the grid voltage at all times.

      Earlier this week, the grid operator unveiled a plan to raise its electricity distribution capacity in the state of North Rhine-Westphalia by 8 GW by the end of the decade. About EUR 4 billion will be invested in new power lines in Germany's most populous federal state by 2026.

      Last year, Amprion invested EUR 1.2 billion in grid infrastructure and made progress in major projects. Planning approval procedures were launched for the northern part of DC corridor A from Lower Saxony to Baden-Wurttemberg and the initial approval processes for the coastal waters section of the offshore grid connection systems Dolwin4 and Borwin4 were completed. Construction work on the company's first two offshore grid connection projects is set to begin in the summer of 2022.

      (EUR 1 = USD 1.053)

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