Exercise pre-emption right
Elia System Operator SA/NV (‘Elia’), the Belgian transmission system operator and 50Hertz majority shareholder, has decided to exercise its pre-emption right to acquire an additional 20 percent stake in Eurogrid International SCRL (‘Eurogrid’), the holding company above 50Hertz. Through this transaction, Elia will own 80% of Eurogrid, while 20% remain with Australian infrastructure fund IFM Investors (‘IFM’).
New feed-in record at 50Hertz
Share of renewable energy in consumption of electricity within 50Hertz control area over 53 per cent / Stabilisation of congestion management costs thanks to grid development / Grid fees 11 per cent lower / Good result of 182.1 million euros / New renewable growth target of grand coalition requires additional efforts and future-oriented regulatory framework
Controlling of power flows between transmission systems of 50Hertz and CEPS can now be improved
The cross-border electricity flows on the two lines connecting the transmission systems of 50Hertz and the Czech partner CEPS can now be better controlled. After a successful long-term test period 50Hertz commissioned two phase shifting transformers (PST) in its substation in Röhrsdorf in Saxony close to the border to Czech Republic