Upcoming Events

Click Here To See More Events

HOME

NEWS

EMPLOYMENT

MAGAZINE

DIRECTORIES

Elia Plans to Invest in Grid Development

07/19/2012

Due to the fact that Elia, transmission system operator in Belgium and Germany, is legally obligated to connect offshore wind turbines to the grid, the company is planning to invest 3 billion euros in grid development over the next 10 years, writes Trends news portal. Jacques Vandermeiren, the newly elected CEO at Elia, said that the company is planning extra high voltage connections to France, the Netherlands, Germany and the United Kingdom. Mr. Vandermeiren said: “No network administrator can face these challenges alone. We aim for the support from the European Investment Bank, but also look to other potential investors, as shareholders of the wind farms.”

Related Stories
New Offshore Engineering Facility Gains £2.5M Investment
Schlumberger Acquires Rock Deformation Research
Smart Cougar Leaps from Platform to Pipeline
Presentations Illustrate Dimensions of Accurate Marine Mapping
Optech’s Dr. Park to Present at OCEANS’14
Stabil Drill Names Alvarez Sales Manager
Seatronics Adds M3 Multibeam Sonar to Rental fleet
CRA Welcomes New Survey Vessel
Offshore Risk Management Focus at SPE Event
NOC Enters Partnership with UK Royal Navy