TenneT

72Credible Contributor· Provisional
0 followersGrid / transmission & distribution·Arnhem, Netherlands·Founded 2001
www.tennet.eu

TenneT is the electricity transmission system operator for the Netherlands and a large part of Germany, managing high-voltage grids and cross-border power flows critical to integrating North Sea offshore wind capacity.

72/100
Credible Contributor· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: lowData confidence: high

Why it's on ClimateTicker

TenneT is the backbone transmission system operator enabling the North Sea offshore wind build-out in the Netherlands and Germany, making it a genuine structural enabler of European decarbonisation rather than a direct emitter. Its core capex — €10.6 billion in 2024 alone — is overwhelmingly directed at connecting and integrating renewable generation, which is the right place to be on the energy transition map. However, its own reported Scope 3 footprint of ~2.46 billion kg CO2e (dominated by capital goods procurement) is enormous and growing with the investment programme, and grid congestion it has not yet solved is actively blocking renewable connections and costing the Dutch economy dearly.

enablerTenneT earns regulated tariff revenues from operating high-voltage transmission grids in the Netherlands and Germany; it is state-owned (Dutch government) and finances grid expansion through regulated asset base growth, green bonds, and state loan facilities.

Commitments & Certifications

Controversy & Greenwashing Watch

mediumSevere Dutch grid congestion blocking renewable connections

Persistent grid congestion in the Netherlands has left over 12,000 companies waiting for electricity connections and is estimated to cost the Dutch economy up to US$38bn annually, impeding the very energy transition TenneT is mandated to enable.source ↗

lowTenneT Germany sale collapse and financing uncertainty

Negotiations for the full sale of TenneT's German operations to KfW collapsed, forcing a €44 billion Dutch state loan facility bridge and restructuring into two separate TSO entities, creating prolonged capital uncertainty that could slow grid build-out.source ↗

lowSF6 gas use in high-voltage equipment — material Scope 1 emitter

TenneT's own disclosures identify SF6 (a potent greenhouse gas with GWP ~23,500) from insulating equipment as a Scope 1 emission source, a structural challenge for any grid operator using legacy switchgear technology.source ↗

lowSurging Scope 3 emissions from capital goods procurement

TenneT's Scope 3 emissions are ~2.46 billion kg CO2e and dominated by capital goods (49% of Scope 3), which are growing as the investment programme scales to €160 billion over coming decades, making the 30% Scope 3 reduction target extremely challenging.source ↗

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