tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fluence, TenneT to enhance German grid with two Grid Boosters

Transmission grid operator TenneT and Fluence Energy GmbH, a subsidiary of Fluence Energy, sealed their cooperations on two Netzboosters with a contract signing at Fluence’s technology centre in Erlangen. The Grid Boosters will deploy Fluence Ultrastack, an advanced energy storage product that’s designed to meet the high asset availability requirements of critical infrastructure. The battery-based energy storage systems will reduce system costs for consumers by minimising the need for grid interventions and reducing the need for grid expansion measures. TenneT is integrating the two Grid Boosters into the transmission grid at two strategically located grid nodes: Audorf Sud in Schleswig-Holstein and Ottenhofen in Bavaria. This allows TenneT to integrate more electricity from renewable generation, as the existing grid can be operated with a higher transmission load.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on FLNC:

Disclaimer & DisclosureReport an Issue

1