Amprion to invest $24 B in accelerated grid expansion
Germany, Dortmund: German transmission system operator Amprion plans to invest around $24 B (€22 B) in the transmission grid over the next five years.
Image source: Amprion
Germany, Dortmund: German transmission system operator Amprion plans to invest around $24 B (€22 B) in the transmission grid over the next five years.
With the investment, the company aims to address the accelerated expansion of renewable energy and the energy system transformation. The company’s focus is on the expansion of the crucial north-south direct current onshore corridors and the construction of its first four offshore grid connection systems.
“A new phase of the energy transition is beginning, in which we are increasingly moving from planning to implementation. We are currently implementing more projects than ever before,” said Amprion CEO Hans-Jürgen Brick. “In addition, the acceleration initiated by the German government is beginning to have an effect, so that we can implement important projects earlier than originally planned. We are well prepared for the tasks ahead.”
Source: Amprion
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