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15.04.2021 |

Press Release

European TSOS launch Eurobar initiative for standardised offshore grids

Offshore power grids that link wind farms and several countries belong to the future. The KF - CGS between Germany and Denmark with the Baltic 1 and 2 wind farms is a blueprint for such developments.

Seven European transmission system operators, including 50Hertz, have signed a Memorandum of Understanding for the launch of Eurobar, an initiative for interconnecting offshore wind platforms across Europe.

14.04.2021 |

Press Release

50Hertz parent company issues corporate bond of 500 million euros to finance investments

Infrastructure expansion for the energy transition: Pylons near Stendal in Saxony-Anhalt. Photo: Jan Pauls.

With a corporate bond of 500 million EUR Eurogrid GmbH secures liquidity for the further expansion of the power grid necessary for the energy transition. The interest rate of the corporate bond is 0.741% for a period of twelve years.

06.04.2021 |

Press Release

Elia Group launches enhanced Inside Information Platform, reinforcing its commitment to transparency

Elia Group has launched an enhanced Inside Information Platform which provides data visualisations representing the unavailability of electricity facilities owned by its system operator companies Elia (in Belgium) and 50Hertz (in Germany).

31.03.2021 |

Press Release

Elia Group's incubator sparks digital innovation

The Nest, Elia Group's incubator, is encouraging staff to become digital innovators. The incubator enables the rapid development, prototyping and testing of the most cutting-edge digital ideas from staff within a sandbox environment.

22.03.2021 |

Press Release

50Hertz establishes Scientific Advisory & Project Board to address challenges generated by energy transition

In order to provide the right scientific resources for the energy transition, transmission system operator 50Hertz has established a new advisory body: the Scientific Advisory & Project Board (SAPB). The Board is composed of 21 renowned scientists from different fields, including Prof. Dr. Veronika Grimm, member of the German Council of Economic Experts (“Council of Sages of Econom...

11.03.2021 |

Project News

Ostwind 2: Offshore construction work continues to progress

Environmental monitoring during seabed work with the ODAS (Ocean Data Acquisition System) measuring buoy.

The first cable section in the Ostwind 2 project was installed on the seabed in recent weeks. In the coming months, further cables will be laid in individual sections along the 90-kilometre-long route.

05.03.2021 |

Press Release

Taking the right actions more quickly: 50Hertz increases investments in energy transition infrastructure

Presenting the 50Hertz figures at the virtual balance sheet press conference: 50Hertz CEO Stefan Kapferer (right) and CFO Marco Nix together with host Kerstin Maria Rippel (Head of Communication & Public Affairs).

860 million EUR for grids and substations in this year alone; grid expansion is moving forward
Less wind power is curtailed; costs for congestion management dropped further
PV is booming. Onshore wind power expansion would need to be doubled.

12.02.2021 |

Press Release

After the coal exit, decarbonisation begins: opportunities for the industry area of north-eastern Germany

North-eastern Germany must become a leading European area for the industrial and climate transformation. For that purpose, transmission system operator 50Hertz and the industrial union for mining, chemistry and energy (Industriegewerkschaft Bergbau, Chemie, Energie, IG BCE) are campaigning for a joint initiative of the state governments.