TenneT scaling up for European energy transition

TenneT invested EUR 1,408 million in the Dutch and German high-voltage grids in the first half of 2020, a 30% increase compared to the first half of 2019 (EUR 1,094 million).

 

Underlying operating result (EBIT) increased to EUR 414 million in the first half of 2020 (first half of 2019: EURO 407 million). TenneT is scaling up its organisation to invest EUR 4 to 5 billion annually to connect renewable energy sources and develop a borderless European electricity market.