Tag #Time-Based Contracts

What are the broader implications of Tennet's strategy for the Dutch energy transition and how does it address the growing demand for sustainable energy?

This innovative approach addresses a critical bottleneck in the Netherlands' energy transition. The existing grid lacks capacity to handle the surge in demand from companies electrifying their operations. By offering off-peak access, Tennet unlocks 9.1 GW of capacity, representing 40% of peak-hour demand, enabling more companies to connect and facilitating the transition to sustainable energy sources. This strategy improves grid utilization and reduces the backlog of applications.