PICASSO Project: Further development in integration of European balancing market
Eight European transmission system operators establish cooperation: Goal is implementation of automatic Frequency Restoration Reserves platform
In July 2017, eight transmission system operators (TSOs) signed a Memorandum of Understanding for the design, implementation and operation of a platform for common activation of automatic Frequency Restoration Reserves (aFRR platform) in order to, among others, integrate their aFRR balancing markets. The project name PICASSO stands for “Platform for the International Coordination of the Automatic frequency restoration process and Stable System Operation”. The eight involved TSOs are the Belgian TSO Elia, which is coordinating the project, the Austrian TSO APG, the Dutch TSO Tennet, the French TSO RTE and the German TSOs – 50Hertz, Amprion, Tennet, TransnetBW.
Transmission system operator 50Hertz presents 2017 mid-year statement
Investments and cost cuts pay off with good mid-year results in a challenging environment
Today, 50Hertz, the transmission system operator responsible for Northern and Eastern Germany, presented its business figures for the first half of 2017. Especially the continued investments of the system operator have increased the turnover (+ 4.1 %) and together with the simultaneously reduced costs lead to an increased result of 86.7 million EUR (+ 16.8 %).
EEX and 50Hertz publish joint position paper on EU market design: “Getting EU energy market design right”
Today, the European Energy Exchange (EEX) and the Transmission System Operator 50Hertz published a joint position paper on the Clean Energy Package under the title "Getting the EU energy market design right".
Good Practice of the Year Award for 50Hertz “DialogMobil”
50Hertz´s “Mobile Citizen´s Office” – the so called “Dialog-Mobil” – receives award from European Renewables Grid Initiative for innovative public participation and citizen-oriented commitment in the scope of grid development
Praiseworthy: today, June 1st 2017, the mobile information office of electricity transmission system operator 50Hertz – the so-called “DialogMobil” – received the Good Practice of the Year Award from the Renewables Grid Initiative (RGI). As a mobile information office, the “DialogMobil” provides local residents with a varied information and participation offer Especially the innovative and committed participation achieved by the “DialogMobil” was praised at the award ceremony in Copenhagen.
Moody’s confirms stable Baa1 Rating of 50Hertz’s parent company Eurogrid GmbH
Moody’s has once more confirmed the sustainable and trustworthy corporate policy of the transmission system operator as “Baa1 with stable outlook”. The rating agency announced this in its recently published Credit Opinion.
Uniform transmission grid fee reduces divergence between regional electricity prices
50Hertz on the Act to Modernise the Grid Fee Structure
On the occasion of the hearing in the German Parliamentary Commission for Economy and Energy regarding the Grid Fee Modernisation Act (NEMoG), 50Hertz CEO Boris Schucht, who participated as an expert in the matter, takes the following Position.
Transmission System Operators publish second drafts of grid development plans 2030
Remarks from the public consultation were taken into account for the grid development plans
The transmission system operators (TSO) 50Hertz, Amprion, TenneT and TransnetBW submitted the second drafts of the Grid Development Plan (GDP) 2030, version 2017 and the Offshore Grid Development plan (O-GDP) 2030, version 2017 to the Federal Network Agency (Bundesnetzagentur – BNetzA) today, and published them at www.netzentwicklungsplan.de.
• Consultation contributions addressed the basic process and regional concerns
• FRP 2015 measures are robust in GDP 2030
50Hertz publishes first Sustainability Report
50Hertz published its first and extensive report on its activities in sus-tainability management today. Titled “Sustainability Report 2016 - Our Respon-sibility”, the transmission system operator responsible for the north and east of Germany provides a transparent and comprehensive insight into its sustainability activities. 50Hertz simultaneously published its annual report for 2016 as well as the Almanac 2016 with a lot of interesting data, facts and figures.
State Administration Office Saxony-Anhalt gives go-ahead for construction of compactLine pilot project at Jessen/Nord substation
State Administration Office Saxony-Anhalt approves realisation of compactLine as part of the Ragow-Förderstedt-Jessen/Nord 380 kV overhead line
Research and development project of electrical system operator 50Hertz with shorter pylons in a more narrow corridor expected to enter trial operation in summer 2018.
Transmission system operator 50Hertz presents 2016 balance sheet
Lower costs for grid interventions show positive effect of continued grid development
As last year, share of renewable energy in consumption of electricity within 50Hertz area at almost 50 per cent / High volume of electricity ex-ported from the north-east / Considerable reduction in congestion management costs mainly thanks to grid development / 737 million EUR invested in grid development and conversion / Strong result of 128 million EUR