Investment plan

Amprion unveils €12 billion investment plan for Germany’s energy system

May 5 (Renewables Now) — Grid operator Amprion GmbH plans to spend 12 billion euros ($12.63 billion) on the transformation of Germany’s energy system through 2026.

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

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

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

Last year, Amprion invested €1.2 billion in network infrastructure and advanced major projects. Planning approval procedures have been initiated for the northern part of the DC A Corridor from Lower Saxony to Baden-Württemberg and initial approval processes for the coastal waters section of the Dolwin4 Offshore Grid Connection Systems and Borwin4 have been completed. Construction work on the company’s first two offshore grid connection projects is expected to begin in the summer of 2022.

(1 EUR = 1.053 USD)

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