Niederländischer Staat will deutsche Sparte des Stromnetzbetreibers Tennet abwickeln

6 mar 2023 7:15 p.m

The decline of the German economy is also getting around abroad. Now the Dutch government wants to sell the electricity network operator Tennet Germany to the federal government as quickly as possible. At least for the FDP, this is a “warning signal” to Germany as a location.

Source: © Christian Charisius

The Dutch government advises loud to the Handelsblatt urgently to a complete sale of the German subsidiary of the electricity network operator Tennet to the Federal Republic. According to a joint letter from Dutch Finance Minister Sigrid Kaag and Energy Minister Rob Jetten, they want to achieve “a complete sale of Tennet Germany to the German state for the preferred scenario”. The Dutch state would then no longer be “exposed to the risks of German business”.

In The Hague, it is assumed that the expected financial requirements will continue to increase significantly. They obviously do not want to participate in this and will wind up the German subsidiary by 2024.

Ricardo Lang

One assumes “investments of 111 billion euros in the next ten years”. The Netherlands accounted for 40 percent and Germany for 60 percent. In November last year, the ten-year investment agenda included only 89 billion euros. In September 2022 it was 70 billion euros and in April 2022 60 billion euros.

In 2018, 28 billion euros were in the room. The ever-increasing need for capital is mainly due to the tightened climate targets, especially those of the federal government.

For Tennet Germany alone, the capital requirement for the same period is around 15 billion euros. However, the sums are still significantly higher. From the point of view of the FDP, the letter from the Dutch ministers should be understood as a warning. Michael Kruse, energy policy spokesman for the FDP parliamentary group, emphasized:

“If even state network operators want to withdraw from the German network, then the German government must be on the alert.”

more on the subjectReport: Major western economies face recession

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Deborah Acker

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