Tomorrow’s economy requires green energy, for the decarbonisation of industrial processes and, therefore, for climate-neutral economic activity. Power grids are the key. After all, they securely transport renewable energy from the producers to the large consumers. 365 days a year, around the clock.
This means that the faster a region achieves its objective of supplying electricity from mostly renewable energy sources, the more attractive it becomes as an industrial base.
50Hertz is on the right track. The share of renewables in electricity consumption in the grid area rose to a high of 72% last year and the expansion of the grids is also making good progress. At the same time, however, there are increasing discussions about the costs of the energy transition and how energy can remain affordable.
Against this backdrop, 50Hertz is clearly emphasizing the affordability of energy in its strategy. After all, only if we succeed in making energy affordable in the future will there continue to be broad acceptance of the energy transition project among citizens and companies. In the video, 50Hertz CEO Stefan Kapferer explains why cost awareness and speed in the implementation of grid expansion projects are not a contradiction in terms.