Siemens Energy to future-proof Denmark grid
Image for illustration purposes.
Germany, Munich/Denmark, Fredericia: Siemens Energy and Danish state-owned Energinet have announced a €1.4 billion (DKK 10.5 billion) framework agreement to renew Denmark’s energy infrastructure. To accelerate the green energy transition, Energinet has chosen Siemens Energy to deliver transformers and switchgears for high-voltage substations to expand the electricity grid.
The agreement focuses on the Western part of Denmark, where 50 new or reinforced 150 kV high-voltage substations are planned to be built or expanded over the next 8 years. The first four years of the agreement are estimated to be worth up to €800 million (DKK 6 billion). The substations will be automated and include Siemens Energy’s state-of-the-art grid technologies.
Denmark aims to reach a target of net zero emissions by 2045 through renewable energy, and by 2030, it must quadruple its electricity generation from wind and solar power as electricity consumption is multiplied by the switch to electrical vehicles, heat pumps, and converting solar and wind power to hydrogen and green fuels for industries.
Tim Holt, Member of the Executive Board for Siemens Energy, says, “There is no energy transition without transmission, and that can only happen with the availability of switchgears and transformers. Grid investments are accelerating dramatically in Europe and worldwide, and customers are competing for manufacturing slots. This agreement enables Siemens Energy to plan its capacities, which will benefit both Danish and European energy infrastructure.”
Henrik Riis, CEO of Energinet Electricity Transmission, says, “We need external suppliers to ensure rapid and significant expansion of the electricity transmission grid. The task is enormous. In the coming years, several high-voltage substations on the ‘high-ways’ of the Danish electricity grid are needed to secure that renewable electricity can be connected to the grid and transported around the country.”
Source: Siemens Energy
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