Tomorrow’s economy requires green energy, for the decarbonisation of industrial processes and, therefore, for climate-neutral economic activity. Power grids are the key. After all, they securely transport renewable energy from the producers to the large consumers. 365 days a year, around the clock.
This means that the faster a region achieves its objective of supplying electricity from mostly renewable energy sources, the more attractive it becomes as an industrial base. That is why we at 50Hertz launched our initiative entitled “From 60 to 100 by 2032: new energy for a strong economy”.
By 2032, it should be possible to cover the total electricity consumption within the 50Hertz grid area (i.e. eastern Germany and Hamburg) over the course of a year with 100% renewable energy. In 2020, this share amounted to about 62 percent. The secure integration of these high shares of volatile renewable energy into our grid, the system and the market paves the future: for us and for industrial companies in our grid area.
The European Commission pointed the way with its European Green Deal: In 2050, Europe is supposed to be the first climate-neutral continent. With this ambition, the political world is giving a signal in terms of climate policy as well as with regard to industrial policy. High energy-consuming companies need green electricity if they want to make their production processes climate-neutral. These companies want to remain – and new ones will settle - where they can fully cover their energy demand with renewables and as such decarbonise their processes.
„The energy transition is our top priority! 50Hertz is a pioneer in the integration of large quantities of renewable energy, both in the German and in the European energy system. This is in line with the European targets in the scope of the European Green Deal and with the Elia Group strategy.”“
The importance of the power grid infrastructure (i.e. both the distribution and transmission grids) for climate protection continues to grow. The power grids must not only be optimised, reinforced and expanded to take on and transport the growing share of electricity from fluctuating regenerative electricity sources. They are also the central interface for energy applications, which until now were mostly based on fossil fuels, both in the traffic and heating sector and in industrial processes.