Siemens Energy inks €1.4bn Danish grid deal
- Admin
- May 16, 2024
- 1 min read
Siemens Energy and Danish grid operator have signed a framework agreement to renew Denmark’s energy infrastructure by delivering transformers and switchgear for high-voltage substations, expanding the electricity grid to accommodate more renewable electricity. The agreement focuses on the western part of Denmark, planning to build or expand approximately 50 new or reinforced 150kV high-voltage substations over the next eight years, with the first four years estimated to be worth up to €800m to accelerate the energy transition.
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