The projected cost of enhancing Germany's power distribution networks is approximately 110 billion euros by 2033.
Grid operators in Germany anticipate spending approximately 110 billion euros over the next decade to expand the electricity distribution networks. This information was shared by the Federal Network Agency in response to inquiries from the German press agency dpa. Projects to enhance transportation capacity are slated for completion or are currently in progress, stretching into 2033.
Between 2034 and 2045, the grid operators predict they'll invest approximately 90 billion euros in additional expansion plans.
Plans also include investments for replacing current distribution lines. These totals are predicted to be close to 10 billion euros by 2033 and an additional 20 billion euros by 2045. A representative from the Federal Network Agency clarified, "The costs for grid expansion are only incorporated into the grid fees on a proportional basis and spread out over several decades."
It's essential to understand the difference between the distribution and transmission grids. The transmission grid, composed of extra-high-voltage overland lines, is often referred to as 'electricity highways.' In contrast, distribution grids involve any voltage levels below the transmission grid. Germany boasts roughly 36,000 kilometers of transmission lines. Distribution grids span an impressive two million kilometers.
In terms of expansion costs, the Federal Network Agency projects the cost of expanding the transmission grid will reach about 320 billion euros by 2045, primarily focused on transporting wind power from north to south.
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- The expansion of Germany's electricity distribution grids is expected to require additional funding beyond the initial 110 billion euros, potentially reaching up to 100 billion euros by 2045.
- The forecasted cost of enhancing Germany's transmission grids, primarily focused on transporting wind power from north to south, is approximately 320 billion euros by 2045, adding to the overall financial commitment towards the electricity sector in Germany.
- The Euro-billion investment in Germany's electricity distribution grids is being scrutinized at the European level, as the European Commission has expressed concerns about potential burdens on the end consumers due to the expansion's impact on grid fees.
Source: www.ntv.de
