Eurogrid GmbH Group Management Report 2022

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of energy and climate policy, but also in terms of industrial policy: 100 percent coverage of

electricity consumption by renewable energies in the 50Hertz grid area as early as 2032. This will

of course be done while respecting the imperatives of non-discriminatory and transparent grid

connection and grid access in the regulatory environment. For a growing number of companies,

it is becoming increasingly important to locate and develop in regions where a high share of

renewables is available in the power grid. 50Hertz supports renewable energy providers in

accelerating the implementation of their projects and industry in their efforts to decarbonize their

processes, including in the context of new settlements. For many years, 50Hertz has been a

leader in the integration of renewable energies: In 2021, renewables accounted for approximately

56 percent of electricity consumption in the 50Hertz grid area; In 2022, this figure was

for new industries that create sustainable jobs. The most important contributions also include the

new Eulenberg substation to be implemented together with Avacon, which will provide green

power for the Intel settlement, and also the connection of Europe's largest photovoltaic park south

of Leipzig to the 50Hertz grid. Together with partners, 50Hertz is tapping location potential on

land and at sea, using a wide range of technical options to transport even more electricity, and

exploiting the potential of digitalization for secure and efficient system control, the development

of the electricity market, the operation of its plants, the handling of its infrastructure projects, and

for the development of additional flexibility potential. In this way, 50Hertz is making an effective

contribution to combating climate change and strengthening sustainable industrial locations.

components for both projects have already been committed on the procurement side.