Monday, June 27 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Jun 20
Week of Jun 13
Week of Jun 06
Week of May 30
Week of May 23
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Hansewerk to expand power grid in northern Germany amid solar boom

    May 13, 2022 - SeeNews Renewables


      May 12 (Renewables Now) - Hansewerk AG will pour nearly EUR 1.2 billion (USD 1.26bn) into the expansion of the power grid in northern Germany in the next three years in order to prepare for the expected boom in e-mobility and new renewable energy capacity.

      The energy services provider, which operates electricity, gas and heating networks in more than 1,000 municipalities in northern Germany, will invest between EUR 380 million and EUR 400 million a year in the power grid and its digitalisation, it said earlier this week. The investments will be made in cooperation with its subsidiaries Schleswig-Holstein Netz (SH Netz), HanseGas, Hansewerk Natur and ElbEnergie.

      The decision for the massive investment plan was made against the background of projections for additional 280,000 electric cars and 100,000 heat pumps and a surge in the feed-in applications for photovoltaic (PV) plants in the region. The number of such applications more than doubled in the first four months of the year as compared with a year earlier, Hansewerk said.

      SH Netz, Hansewerk's gas and electricity network operator in the state of Schleswig-Holstein, is working on solar projects with a combined capacity of nearly 10 GW which are currently being planned. Nearly 98% of these projects are for ground-mounted plants with a capacity in the range of 20 MW to 100 MW, or even bigger.

      In the wind energy sector, SH Netz is working on almost 1,000 projects totalling nearly 4.9 GW.

      Based on these figures, Hansewerk expects the capacity for green power generation under the EEG scheme in the region to double and exceed 19 GW by 2035.

      Commenting on the plan, chief executive Matthias Boxberger called on politicians to take measures to ensure a relevant expansion in the network and additional substations. Otherwise, hundreds of millions of euros will have to be paid again as compensation for green electricity that cannot be fed into the grid.

      (EUR 1 = USD 1.055)


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.