“Tennet's Lex Hartman: 2025 or later”
Handelsblatt
In an interview with the Handelsblatt, the head of power network operator Tennet, Lex Hartmann, says that the company will invest 22 billion euros in the next 10 years, with the lion’s share in network expansion in Germany. Regulatory hurdles for approving new power lines are holding up many projects, Hartman told the Handelsblatt’s Klaus Stratmann. In addition, putting lines under ground, as agreed in some regions, will create additional costs – amounting to around 10 million euros more per kilometre. He said that due to the delays in expanding the network, it is good that the expansion of renewables is slowed somewhat until a sufficient network can handle the power.
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