Wilhelmshaven Green Energy Hub receives exemption from regulation
March 25, 2024
The German network regulator BNetzA has exempted the (e)LNG terminal within the Green Energy Hub Wilhelmshaven from tariff and third-party access regulation for a period of 20 years from the start of operations. The total capacity of the terminal is equivalent to 15 billion cubic metres (BCM) per year. In its decision, BNetzA has confirmed the terminal’s contribution to the security of supply in Germany and Europe.
Raf Vermeyen, CEO of Deutsche Grüngas- und Energieversorgung GmbH (DGGEV), comments: “We welcome the decision of BNetzA as an important step towards signing contracts with terminal users and taking the final investment decision (FID) later this year.”
BNetzA had already completed a consultation with EU member states, the European Commission and the national competition regulator BKartA earlier this year. The exemption decision is now awaiting review and approval by the European Commission.
With its location in Wilhelmshaven, DGGEV’s terminal benefits from the best marine andmarket access in Germany. To this end, DGGEV is cooperating closely amongst others with Niedersachsen state-owned port developer NPorts and the gas transmission system operator OGE.
The Wilhelmshaven Green Energy Hub is a pivotal element in TES's commitment to decarbonize Germany and neighbouring markets by facilitating the import of both conventional liquefied natural gas (LNG) and green hydrogen based electric natural gas (e-NG). In compliance with the German LNG acceleration act (LNGG), the terminal will have fully transitioned to the import of electric natural gas (e-NG) latest in 2044.
About TES
TES is a global green energy company developing giga-scale projects to accelerate the transition to net-zero.
In Europe, TES’ projects strengthen energy security and the diversification of energy imports, as well as support the European Union’s decarbonisation efforts. In Wilhelmshaven, Germany, TES is developing a green energy terminal, that will serve as a major hub for sustainable molecules. The already operating floating storage and regasification unit (FSRU) will be followed by a large-scale onshore LNG terminal and a CO₂ export terminal. Globally, TES leverages renewable energy solar, wind, and hydro, along with climate-neutral CO₂ for the production of e-NG (electric natural gas), a drop-in synthetic gas made from green hydrogen and captured CO₂. Large-scale e-NG projects are underway in the US (Live Oak), Canada (Project Maurice), and across Europe, and the Middle East. These green molecules support the shift to real zero emissions across industries and help win the race against climate change.