Profile

Full of energy - for everyone

Our mission

TenneT is an important facilitator in the liberalised energy market. With its high-quality transmission grid and customised approach, TenneT offers and develops a comprehensive range of transmission and system services, while also supplying services in support of free-market operation and a sustainable energy supply system.

TenneT contributes to the efficient operation of the Dutch electricity market by investing both nationally and internationally in the establishment of a north-west European electricity market. TenneT also strives to facilitate the transition to a sustainable society.

Based on our core values of quality and integrity, TenneT aims to provide its stakeholders with the following:

Society

• efficient, high-quality transmission and system services at reasonable prices;
• a leading contribution to the realisation of a single, integrated energy market in north-western Europe;
• services that enhance the environmental quality of energy supplies;

• services for other infrastructure systems for the purpose of realising synergy.

Customers

• a service offering with an excellent price/quality ratio;
• non-discriminatory access of all parties to TenneT's 110 kV, 150 kV, 220 kV and 380 kV transmission grids.

Shareholder

• an adequate return on invested capital in line with the company's risk profile.

Employees

• an attractive working environment;
• a competitive benefits package appropriate to the employee's position and responsibilities;
• good prospects for personal growth and career advancement.

Our vision

TenneT wishes to develop further in the Dutch and north-west European market in order to continue strengthening its position in that market. This ambition fits into the 'Strengthen and Build' strategy that TenneT has adopted against the backdrop of international market conditions. As a Transmission System Operator (TSO), TenneT wants to play an active role in strengthening the European electricity market, based on an international vision in which the company shows initiative and takes specific steps together with other TSOs, regulatory bodies and government authorities. Integrating the electricity markets of the various countries is the best way to create a strong European market characterised by transparency, sufficient liquidity and good pricing. The ultimate goal is to establish a single market area in north-western Europe in which TSOs will resolve congestion and market parties will not face restrictions. This market area will have a common system for balancing supply and demand, thus creating the uniformity that market parties need in order to cover their risks.

Our ambition

It is our ambition to further develop the national transmission grid of 110 kV and higher, and to safeguard its quality. After all, the transmission grid is the backbone of the Dutch electricity supply system. In accordance with the Independent Grid Administration Act, TenneT has been in charge of managing all high-voltage grids with a voltage level of 110 kV and higher as of 1 January 2008. TenneT hopes eventually to secure ownership of these grids. In the meantime we are investing heavily in existing and new grid infrastructure. We are working to develop several new connections, both within the Netherlands and across national borders. Besides subsea cable links to the UK and Denmark, we are also constructing a fourth interconnection between the Netherlands and Germany. Within the Netherlands, new high-voltage lines are being realised in the north and south-west of the country and in the Randstad conurbation, with a view to the further development of the energy sector. TenneT makes every effort to ensure optimum quality across the board, supplying its customers as efficiently and professionally as possible with products and services. Where relevant and possible, we also develop and market new products and services.

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