TenneT Holding BV - Company Profile
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Business Description
TenneT Holding BV (TenneT) builds, designs, maintains and operates high-voltage electricity grid in Netherlands and Germany. The company designs, builds, maintains and operate high-voltage electricity grid in the Netherlands and large parts of Germany and facilitates the European energy market through electricity transmission and system service.
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R&D Overview
TenneT is actively engaged in various R&D initiatives to support the energy transition and ensure the reliability and sustainability of high-voltage grids. The company is involved in projects such as the 2GW Program, Control Room of the Future, and Element Eins, which focus on integrating sustainable energy sources, modernizing power systems, and developing power-to-gas technology. TenneT is also exploring blockchain technology for managing electricity demand and supply, and implementing nature-inclusive design in offshore grid projects to enhance ecological benefits. Additionally, TenneT participates in innovative energy projects like enera, C/sells, and NEW 4.0 to improve the integration of renewable energies into the power grid.
Business Segments
Overview
Include the auction of cross-border electricity transmission capacity and the development and management of electricity connections to other countries.
Performance
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Overview
TSO Germany operates through its subsidiaries such as TenneT TSO GmbH and TenneT Offshore GmbH which undertake regulated activities. TenneT TSO GmbH manages around 40% of the German transmission grid and maintains the supply-and-demand balance in the country. TenneT Offshore GmbH undertakes offshore wind farm connections. The company’s subsidiary, CertiQ B.V., manages the certificates system for sustainable power generation and production from combined heat and power plants, and TransportnetZuid-Holland. TenneT's non-regulated activities have been taken care of by several subsidiaries including APX Group, New Values B.V., NLink International B.V. and Novec B.V.
Performance
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Overview
Tennet’s regulated activities in the Netherland include tasks related to managing the transmission grid and maintaining the required balance between supply and demand in the electricity grid The company’s regulated activities in the Netherlands are carried out by TenneT TSO B.V. and its subsidiaries including Transportnet Zuid-Holland and CertiQ B.V.
Performance
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