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July 31, 2015 12:08 AM ET

Multi-Utilities

Company Overview of Energinet.dk

Company Overview

Energinet.dk, together with its subsidiaries, owns and operates electricity and gas transmission grids. The company operates through four segments: Power System, Promotion of Environmentally Friendly Energy - PSO, Gas System, and Commercial Activities. It owns, operates, and develops 400 kV, 150 kV, and 132 kV electricity transmission system in Denmark, as well as interconnections connecting Sweden, Norway, and Germany. The company also owns, operates, and develops the Danish gas transmission network; and the international pipelines to Sweden and Germany. In addition, it operates the gas storage facility in Lille Torup and sells capacity on commercial terms; leases out optical fiber cable ca...

Tonne Kjærsvej 65

Fredericia,  7000

Denmark

738 Employees

Phone:

45 70 10 22 44

Fax:

45 76 24 51 80

Key Executives for Energinet.dk

Chief Executive Officer, President and Member of Executive Board
Chief Financial Officer, Executive Vice President and Member of Executive Board
Age: 52
Chief Technology Officer, Executive Vice President and Member of Executive Board
Head of Information Management Team
Head of Planning and Scenarios, Planning
Compensation as of Fiscal Year 2015.

Energinet.dk Key Developments

DONG Energy AS and Energinet.dk Enters into New Five-Year Agreement

DONG Energy A/S and Energinet.dk have entered into a new five-year agreement, which allows Kyndby Power Station together with the gas turbine at Masnedo CHP Plant to serve as backup power station on Sealand. The agreements entails that in case of malfunctions in the grid or actual power outages at other power stations and transmission connections, Energinet.dk can ask DONG Energy to start-up the power production at the Kyndby Power Station with short notice.

National Grid and Energinet.dk Signs Cooperation Agreement

National Grid and Denmark's Energinet.dk have signed a cooperation agreement to begin feasibility work on an electricity interconnector between the UK and Denmark. It would be the first electricity link between the two countries and work will now begin on feasibility studies on both the technical and economic aspects of the project. The two companies now have until October 2014 to look at possible routes and landing sites, budgets and permitting. The cooperation agreement follows a study that began in May 2012 when the two companies agreed to look at the potential benefits and timetable for an interconnector link. The interconnector could unlock significant economic benefits for both countries in helping to maximize the potential of both offshore and onshore wind, add to security of supply and enable a competitive market.

Similar Private Companies By Industry

Company Name Region
Sønderborg Fjernvarme A.m.b.a. Europe
Forsyning Helsingør A/S Europe
Frederiksberg Forsyning A/S Europe
Statoil EcoNordic A/S Europe
Fjernvarme Fyn A/S Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 20, 2014
DONG Storage AS
 

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