TenneT awards €30 billion in contracts for North and Baltic Sea grid expansion

German transmission system operator TenneT is investing tens of billions of euros in offshore grid expansion. The company is also introducing a new concept that will enable more efficient development of transmission links between wind farms and the mainland.

TenneT is continuing to expand its transmission grid in the North Sea. Last Thursday, the Dutch company awarded a contract to build three converter platforms to connect offshore wind farms. At the end of March, TenneT had already awarded contracts for eleven converter stations. The total value of the contracts for all 14 converter platforms is €30 billion (CZK 700 billion).

“By building converter platforms, we are taking a major step forward in developing the North Sea into a climate-neutral power plant for Europe,” said TenneT Chief Operating Officer Tim Meyerjürgens.

Germany, along with countries such as the Netherlands, Denmark and Belgium, has set ambitious targets for offshore wind expansion. In the Esbjerg Declaration, adopted in mid-May last year, the four countries pledged to build a combined total of at least 65 GW of offshore wind capacity by 2030.