TenneT Announces Major Projects to Modernize the Power Grid

The global energy revolution is underway, marked by the growing electrification of industry, the rapid expansion of heat pumps and recharging stations, and a steady increase in solar and wind power generation.

Share:

Projet tennet

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Energy evolution is underway, with the growing electrification of industry, the rapid installation of heat pumps and recharging stations, and the steady increase insolar and wind power generation. However, these developments require a major overhaul of the power grid, which was not originally designed for this purpose.

TenneT’s investment plans

TenneT, the national grid operator, today unveiled its onshore and offshore investment plans for the next ten years, aimed at preparing the power grid for the future. No fewer than 700 major infrastructure projects are planned, including network extensions, replacement investments, new customer connections, offshore wind farms and reconstruction projects.

Upgrading the Power Grid: Key Projects

Among upcoming projects, TenneT will develop five new large-scale “electric highways” (380 kV) over the next decade and upgrade 140 high-voltage substations. This represents a significant increase on the previous 2022 investment plan. Growing demand for additional grid capacity is the main reason for this increase, partly due to the transition to a more sustainable industry and the growth of heat pumps, charging stations, offshore wind turbines and solar farms.

Prioritization in the Growing Portfolio

Due to the demand for network capacity exceeding what can be achieved, the portfolio has been prioritized. To guarantee the reliability of the network, a significant proportion is invested in the maintenance and replacement of the existing network. In addition, high-priority projects, such as the MIEK projects, have been identified in close collaboration with the relevant authorities.

Accelerating Network Expansions

The investment plan also reveals the progress of current projects. Of the 252 network extension projects already planned, 60 have been brought forward compared with the investment plan of two years ago. This is due to both internal and external causes, not least the growing complexity of planning with an increasing number of projects and ever longer delivery times.
To speed up network expansion, outgoing Minister Jetten announced new measures on October 18. TenneT also drew up a seven-point plan earlier this year, in which it puts forward a number of necessary preconditions for the future energy system. Stakeholders can respond to the plans until November 29. The final plan will be submitted to the ACM regulator in early 2024.

Four companies completed a global series of secure remote additive manufacturing to locally produce certified parts for the oil and gas industry, marking a key industrial milestone for supply chain resilience.
BW Offshore and BW Group create BW Elara, a joint venture for floating desalination units, combining offshore engineering and water treatment to meet urgent freshwater needs.
Frontera Energy will separate its oil and infrastructure operations in Colombia to create two independent entities with distinct strategies, with completion expected in the first half of 2026.
TotalEnergies injects $100mn into Climate Investment’s Venture Strategy fund to accelerate the adoption of emissions reduction technologies within the oil industry under the OGDC framework.
Standard Lithium receives growing institutional backing in the United States to develop direct lithium extraction in Arkansas, a strategic area where the company positions itself against Exxon Mobil.
SBM Offshore reports year-to-date Directional revenue of $3.6bn, driven by Turnkey performance and the addition of three new FPSOs to its global fleet.
The European Commission is developing a scheme mandating a minimum share of EU-made low-carbon steel in public procurement, alongside a post-safeguard trade regime and targeted energy support to sustain the continental steel industry.
Sunsure Energy will supply Deepak Fertilisers with 19.36 MW of hybrid solar and wind power, delivering 55 mn units of electricity annually to its industrial facility in Raigad, Maharashtra.
IonQ will deploy a quantum computer and entanglement distribution network at the University of Chicago, strengthening its technological presence within the Chicago Quantum Exchange and accelerating its product roadmap.
Texas-based energy solutions provider VoltaGrid secures record mixed financing to expand its decentralised power generation portfolio, primarily targeting hyperscale data centres.
Kuwait's IMCC and Egypt's Maridive have formalised a joint venture based in Abu Dhabi to expand integrated offshore marine operations regionally and internationally.
In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.
Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.
NextNRG's monthly revenue reached $7.39mn in October, more than doubling year-over-year, driven by the expansion of its technology platforms and energy services across the United States.
The Canadian group posted record Q3 EBITDA, sanctioned $3bn worth of projects, and confirmed its full-year financial outlook despite a drop in net income.
OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.
Duke Energy is set to release its third-quarter results on November 7, with earnings forecasts pointing upward, supported by strong electricity demand, new rate structures and infrastructure investments.
Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.
The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.
The US group reported a $877mn operating loss for fiscal year 2025, impacted by $3.7bn in charges related to project exits and restructuring.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.