TenneT

{{Short description|Transmission system operator in the Netherlands and in a large part of Germany.}}

{{Infobox company

| name = TenneT Holding B.V.

| logo = Logo of TenneT.svg

| type = Government-owned limited liability company (BV)

| traded_as =

| predecessor =

| successor =

| founder =

| defunct =

| fate =

| area_served = Netherlands
Germany

| key_people = Manon van Beek CEO

| industry = Electricity

| products =

| services = Electric power transmission

| revenue = € 4,176 million (2018)

| operating_income =

| net_income =

| assets = € 21,783 million (2018)

| equity =

| owner = Dutch Ministry of Finance

| num_employees = 3,409 (2018)

| parent =

| divisions =

| subsid = {{ubl|TenneT Offshore GmbH|TenneT TSO B.V.|TenneT TSO GmbH}}

| footnotes =

| intl =

| caption =

| foundation = {{Start date|1998}}

| location_city = Arnhem

| location_country = Netherlands

| locations = 435 (Substations)

| homepage = {{URL|www.tennet.eu}}

}}

TenneT is a transmission system operator in the Netherlands and in a large part of Germany.

TenneT B.V. is the national electricity transmission system operator of the Netherlands, headquartered in Arnhem. Controlled and owned by the Dutch government, it is responsible for overseeing the operation of the 380 and 220 kV high-voltage grid throughout the Netherlands and its interconnections with neighbouring countries. It is additionally responsible for the 150 kV grid in South Holland.

In Germany, its subsidiary TenneT TSO GmbH is one of the four transmission system operators. Formerly named Transpower, it was taken over and renamed in 2010.

As of 2006, it operates 3,286 km of lines and cables at 150 kV and above, connecting at 51 high-voltage substations.

{{citation

|publisher = TenneT

|title = Key figures

|url = http://www.tennet.org/english/tennet/organisation/key_data.aspx

|accessdate = 2008-02-08

|url-status = dead

|archiveurl = https://web.archive.org/web/20071030180954/http://www.tennet.org/english/tennet/organisation/key_data.aspx

|archivedate = 2007-10-30

}} Peak demand for 2006 was 14,846 MW. The sole shareholder is the Dutch Ministry of Finance.

History

{{external media

| topic =TenneT grid maps

| float =right

| image1 =[https://web.archive.org/web/20160304104956/http://www.tennet.eu/nl/fileadmin/_migrated/pics/0403-130-MC-TenneT-kaart-Jv_UK_EL_mpe_V5_140318_HiRes.png Archive of TenneT grid map, small]

| image2 =[https://www.tennet.eu/grid/grid-maps Grid Maps for Germany and Netherlands on- and offshore] (5 MB)

| image3 =[http://www.tennet.eu/fileadmin/user_upload/Company/Publications/Gridmaps/NL/Gridmap_TenneT_NL.pdf NL+DE grid map] (7 MB) [https://web.archive.org/web/20170314232628/http://www.tennet.eu/fileadmin/user_upload/Company/Publications/Gridmaps/NL/Gridmap_TenneT_NL.pdf Archive]

| image4 =

}}

TenneT was formed in 1998 when the Dutch electricity industry was liberalised, and was incorporated as a business in 2001 with the passing of the Electricity Production Sector Transition Act. Its statutory tasks included management of the national transmission grid and maintaining the balance between electrical supply and demand. In 2003, it acquired the regional system operator Transportnet Zuid-Holland.

{{citation

| first = M. | last = Cohen

| title = International Directory of Company Histories

| volume = 78

| year = 2006

| publisher = St. James Press

| isbn = 978-1-55862-582-2}}

TenneT moved beyond these regulated businesses in 2004 when it entered the gas market by acquiring EnergieKeuze, an online gas and power contract exchange market. In 2005 TenneT further expanded its operations when, together with the Belgian and French TSOs Elia and RTE and the APX and Powernext power exchanges, it formed the Belgian Power Exchange Belpex. This granted it a right to participate in the Belgian electricity market.

File:Regelzonen mit Übertragungsnetzbetreiber in Deutschland.png, Amprion, and TransnetBW]]

Since 1 January 2010, Tennet owns the German high‑voltage grid operator Transpower Stromübertragungs GmbH, formerly a part of E.ON, now renamed to Tennet TSO GmbH. The agreed value of transaction was €885 million. The company quoted several reasons for the merger, including price equalization, improved grid balancing, greater insight into grid situations, and better possibilities for sustainable development in both countries.

On 1 March 2018, the European Commission opened a formal antitrust investigation against TenneT, alleging it was deliberately bottlenecking the grid connection between Denmark and Northern Germany, preventing cheap wind and hydro power from Scandinavia from being exported to the German market. The Commission adopted a decision on 7 December 2018, imposing binding obligations on TenneT to allow at least 75% of the capacity to be utilized after a 6-month implementation period, as well as to expand the connection capacity from 1300MW to 2625MW by January 2026.{{cite web |title=Antitrust: Commission imposes binding obligations on TenneT to increase electricity trading capacity between Denmark and Germany |url=https://ec.europa.eu/commission/presscorner/detail/en/IP_18_6722 |publisher=European Commission |accessdate=29 December 2019}}{{cite news |title=EU tells German grid operator TenneT to raise access for Nordic power |url=https://uk.reuters.com/article/uk-eu-antitrust-tennet/eu-tells-german-grid-operator-tennet-to-raise-access-for-nordic-power-idUKKBN1O619E |archive-url=https://web.archive.org/web/20181207145249/https://uk.reuters.com/article/uk-eu-antitrust-tennet/eu-tells-german-grid-operator-tennet-to-raise-access-for-nordic-power-idUKKBN1O619E |url-status=dead |archive-date=December 7, 2018 |accessdate=29 December 2019 |publisher=Reuters |date=7 December 2018}}

Early 2023, Tennet announced that the Dutch and German governments were discussing a potential sale of the Germany grid of Tennet for a price of €22 billion, as the Dutch government was reluctant to provide the growing investment cost for the German grid.{{Cite web |title=‘Nederland dichtbij verkoop TenneT Duitsland’ |url=https://fd.nl/politiek/1510460/nederland-dichtbij-verkoop-tennet-duitsland |access-date=2024-06-20 |website=FD.nl |language=nl}} The sale was abandoned in 2024, due to the German government lacking the required budget. In the meantime the Dutch government had provided the company a €25 billion loan.{{Cite web |title=Overheid loopt miljarden mis; verkoop TenneT Duitsland gestaakt |url=https://www.bnr.nl/nieuws/economie/10550491/overheid-loopt-miljarden-mis-verkoop-tennet-duitsland-gestaakt |access-date=2024-06-20 |website=bnr.nl |language=nl-NL}}

TenneT is a partner in European Market Coupling Company.

= Dogger Island =

File:north sea eez.PNGs in the North Sea]]

{{main|North Sea Wind Power Hub}}

In 2016, TenneT suggested a 6 km2 artificial island in the Dutch corner of the Dogger Bank in the middle of the North Sea, connecting several GigaWatts of offshore wind farms with alternating current. Converters on the island would then transmit direct current to the countries around the North Sea in a more economic manner than if each wind farm had its own cable to the country building it.{{cite web|url= http://www.businessgreen.com/bg/news/2461249/tennet-unveils-vision-for-wind-energy-island-hub-in-north-sea |title=TenneT unveils vision for wind energy island 'hub' in North Sea|work=businessgreen.com |date=13 June 2016|accessdate=10 August 2016}}{{cite web |url= http://www.tennet.eu/our-key-tasks/innovations/north-sea-infrastructure/ |title= North Sea Infrastructure |publisher= TenneT |accessdate= 10 August 2016 |archive-url= https://web.archive.org/web/20170308233832/http://www.tennet.eu/our-key-tasks/innovations/north-sea-infrastructure |archive-date= 2017-03-08 |url-status= live }} TenneT called for feasibility studies in 2017,{{cite web|url= http://www.4coffshore.com/windfarms/tennet-tenders-for-artificial-island-nid5313.html |title=TenneT tenders for artificial Island|work=4c Offshore|date=14 February 2017|accessdate=23 February 2017}} and signed an agreement with Energinet.{{cite web|title=First meeting of North Seas Energy Forum|url= https://ec.europa.eu/energy/en/news/first-meeting-north-seas-energy-forum-held |website=European Commission|accessdate=23 March 2017}} The challenge of coordinating several DC links is studied by the Technical University of Denmark using the Kriegers Flak connector as an example.{{cite web|url= http://www.offshorewind.biz/2017/04/18/new-danish-project-to-support-tennets-power-link-concept/ |title=New Danish Project to Support TenneT's Power Link Concept|publisher= |date=18 April 2017|accessdate=19 April 2017}}

See also

{{Portal|Germany|Energy|Companies}}

References

{{Reflist|2}}