Might 12 (Renewables Now) – Hansewerk AG will pour almost EUR 1.2 billion (USD 1.26bn) into the enlargement of the facility grid in northern Germany within the subsequent three years with a purpose to put together for the anticipated increase in e-mobility and new renewable vitality capability.
The vitality companies supplier, which operates electrical energy, gasoline and heating networks in additional than 1,000 municipalities in northern Germany, will make investments between EUR 380 million and EUR 400 million a yr within the energy grid and its digitalisation, it stated earlier this week. The investments shall be made in cooperation with its subsidiaries Schleswig-Holstein Netz (SH Netz), HanseGas, Hansewerk Natur and ElbEnergie.
The choice for the large funding plan was made towards the background of projections for added 280,000 electrical automobiles and 100,000 warmth pumps and a surge within the feed-in functions for photovoltaic (PV) vegetation within the area. The variety of such functions greater than doubled within the first 4 months of the yr as in contrast with a yr earlier, Hansewerk stated.
SH Netz, Hansewerk’s gasoline and electrical energy community operator within the state of Schleswig-Holstein, is engaged on photo voltaic tasks with a mixed capability of almost 10 GW that are at the moment being deliberate. Almost 98% of those tasks are for ground-mounted vegetation with a capability within the vary of 20 MW to 100 MW, and even larger.
Within the wind vitality sector, SH Netz is engaged on nearly 1,000 tasks totalling almost 4.9 GW.
Based mostly on these figures, Hansewerk expects the capability for inexperienced energy era beneath the EEG scheme within the area to double and exceed 19 GW by 2035.
Commenting on the plan, chief government Matthias Boxberger referred to as on politicians to take measures to make sure a related enlargement within the community and extra substations. In any other case, tons of of tens of millions of euros should be paid once more as compensation for inexperienced electrical energy that can not be fed into the grid.
(EUR 1 = USD 1.055)