TenneT

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TenneT BV
Type Government-owned limited liability company
Founded 1998
Headquarters Arnhem, Netherlands
Industry utility
Products electricity, gas
Revenue 417.2 million euro (2006)
Employees 490 (2006)
Website www.tennet.org

TenneT B.V. is the national Transmission System Operator of the Netherlands, headquartered in Arnhem. Controlled and owned by the Dutch government, it is responsible for overseeing the operation of the 380 and 220 kV high-voltage grid throughout the Netherlands and its interconnections with neighbouring countries. It is additionally responsible for the 150 kV grid in South Holland following a €249-million acquisition of the regional system operator Transportnet Zuid-Holland in 2003.[1]

As of 2006, it operates 3,286 km of lines and cables at 150 kV and above, connecting at 51 high-voltage substations.[2] Peak demand for 2006 was 14,846 MW.[2] TenneT declared a turnover of €417.2 million in 2006 with a workforce of 490 employees.[2] The sole shareholder is the Dutch Ministry of Finance.

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[edit] History

TenneT was formed in 1998 when the Dutch electricity industry was liberalised, and was incorporated as a business in 2001 with the passing of the Electricity Production Sector Transition Act.[1] Its statutory tasks included management of the national transmission grid and maintaining the balance between electrical supply and demand.

TenneT moved beyond these regulated businesses in 2004 when it entered the gas market by acquiring EnergieKreuze, an online gas and power contract exchange market.[1] In 2005 TenneT further expanded its operations, when together with the Belgian and French TSOs Elia and RTE and the APX and Powernext power exchanges, it formed the Belgian Power Exchange Belpex. This granted it a right to participate in the Belgian electricity market.[1]

[edit] DC links

In 2006, TenneT entered into construction of the 700 MW NorNed undersea HVDC submarine power cable with the Norwegian transmission operator Statnett. Commercial operations of the link have been delayed by poor weather and a break in the cable, but is scheduled to enter operation in the night of 6 May 2008.[3] Connecting the Norwegian and Dutch grids at Feda and Eemshaven, the ±450 kV bipolar cable is, at 580 km, the longest undersea power line in the world.[4]

TenneT has formed a joint venture with the British transmission operator National Grid for a 260-km 1000 MW DC link named BritNed between the Isle of Grain, Kent and Maasvlakte, near Rotterdam.[5] Operation is projected to begin in 2010.[5]

[edit] References

  1. ^ a b c d Cohen, M. (2006), International Directory of Company Histories, vol. Volume 78, St. James Press, ISBN 978-1558625822 
  2. ^ a b c Key figures, TenneT, <http://www.tennet.org/english/tennet/organisation/key_data.aspx>. Retrieved on 8 February 2008 
  3. ^ NorNed: Progress, TenneT, <http://www.tennet.org/english/projects/norned_/voortgang.aspx>. Retrieved on 12 February 2008 
  4. ^ Closing the Baltic ring”, Modern Power Systems, 28 July 2006, <http://www.modernpowersystems.com/story.asp?storyCode=2037834> 
  5. ^ a b BritNed link, National Grid, <http://www.nationalgrid.com/uk/Interconnectors/Netherlands/>. Retrieved on 8 February 2008 

[edit] External links

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