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.

Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.
The Norwegian energy group rejects the sanction imposed for illegal gas discharges at Mongstad, citing disagreement over maintenance obligations and the alleged financial benefit.
Alpine Power Systems announces the acquisition of Chicago Industrial Battery to expand its regional presence and support the growth of its PowerMAX line of used and rental batteries and chargers.
HASI and KKR strengthen their strategic partnership with an additional $1bn allocation to CarbonCount Holdings 1, bringing the vehicle’s total investment capacity to nearly $5bn.
EDF is considering selling some of its subsidiaries, including Edison and its renewables activities in the United States, to strengthen its financial capacity as a €5bn ($5.43bn) savings plan is underway.
French group Qair secures a structured €240 million loan to consolidate debt and strengthen liquidity, with participation from ten leading financial institutions.
Xcel Energy initiates three public tender offers totalling $345mn on mortgage bonds issued by Northern States Power Company to optimise its long-term debt structure.
EDF power solutions' Umoyilanga energy project has entered provisional operation with the Dassiesridge wind plant, marking a key milestone in delivering dispatchable electricity to South Africa’s national grid.
Indian group JSW Energy launches a combined promoter injection and institutional raise totalling $1.19bn, while appointing a new Chief Financial Officer to support its expansion plan through 2030.
Singapore’s Sembcorp Industries has entered the Australian energy market with the acquisition of Alinta Energy in a deal valued at AU$6.5bn ($4.3bn), including debt.
Potentia Energy has secured $553mn in financing to optimise its operational renewable assets and support the delivery of six new projects totalling over 600 MW of capacity across Australia.
Drax plans to convert its 1,000-acre site in Yorkshire into a data centre by 2027, repurposing former coal infrastructure and existing grid connections.
EDF has inaugurated a synchronous compensator in Guadeloupe to enhance the stability of an isolated power grid, an unprecedented initiative aiming to reduce dependence on thermal plants and the risk of prolonged outages.
NGE and the Agence Régionale Énergie Climat Occitanie form a partnership to develop a heating and cooling network designed to support economic activity in the Magna Porta zone, with locally integrated production solutions.
GEODIS and EDF have signed a strategic partnership to cut emissions from logistics and energy flows, with projects planned in France and abroad.
The American oil group now plans to invest $20 billion in low-emission technologies by 2030, down from the $30 billion initially announced one year earlier.
BHP sells a minority stake in its Western Australia Iron Ore power network to Global Infrastructure Partners for $2 billion, retaining strategic control while securing long-term funding for its mining expansion.
More than $80bn in overseas cleantech investments in one year reveal China’s strategy to export solar and battery overcapacity while bypassing Western trade barriers by establishing industrial operations across the Global South.
Exxaro increases its energy portfolio in South Africa with new wind and solar assets to secure power supply for operations and expand its role in independent generation.
Plenitude acquires full ownership of ACEA Energia for up to €587mn, adding 1.4 million customers to its portfolio and reaching its European commercial target ahead of schedule.

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.