28.10.2016

Interim statement: Q3 2016

  • Elia and Amprion have signed contracts for the delivery of the cable for ALEGRrO, the first interconnector between Germany and Belgium ?
  • German regulator sets return on equity for electricity and gas networks ?
  • Successful launch of the new Belgian-French & Belgian-Dutch Intraday capacity allocation solution

Elia and Amprion have signed contracts for the delivery of the cable for ALEGRrO, the first interconnector between Germany and Belgium

Elia and Amprion have signed on September 29 with the winning contractor who will deliver the cable system for the first electricity interconnector between Germany and Belgium: Silec Cable, part of the world’s largest wire and cable manufacturers General Cable. The company will execute the full turnkey project in Belgium, including the design, supply, civil works, installation and commissioning of the 320kV HVDC underground cable.

The ALEGrO high voltage link will be able to transport energy up to 1,000 MW to either Belgium or Germany with a high degree of controllability of the energy flow. It will run around 100 kilometers and will transport enough electricity to power half a million homes.

German regulator sets return on equity for electricity and gas networks

The German regulator announced on October 12 the new return on equity for applying from 2019, setting a rate of 6.91% for investments realized after 2006 and 5.12% for investments realized before 2006. The new rates will remain in place for the duration of the next five-year period (2019 – 2023). The system will be completed within the next 2 years by the determination of general and individual efficiency requirements and the applicable imputed cost base for the third regulatory period. All of these items will impact the financial position of the company. Successful launch of the new Belgian-French & Belgian-Dutch Intraday capacity allocation solution On October 5, the Belgian intraday market was successfully connected with the intraday markets in Germany, France, Austria, The Netherlands and Switzerland through the implementation of a new Belgian-French and Belgian-Dutch Intraday capacity allocation solution. This solution further improves liquidity in the intraday market.

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Press release as PDF-File  

Press Contact

Kathleen Iwens

Corporate Reputation Manager

Kathleen Iwens
Tel: +32 2 546 75 11
Fax: +32 478 66 45 55
E-Mail: kathleen.iwens@elia.be