"Hamburger Energiewerke is laying the foundations for a successful energy transition in our city, helping us to achieve our ambitious climate targets. Merging Gasnetz Hamburg and Stromnetz Hamburg was a good decision for providing our city with affordable, climate-friendly energy," said Katharina Fegebank, Senator for the Environment, Climate, Energy and Agriculture. In 2024, Hamburger Energiewerke invested significantly in upgrading the electricity grid with more powerful cables and digitalisation, with around €440 million earmarked for the expansion of the electricity infrastructure this year. In addition, 15 kilometres of Hamburg's hydrogen network (HH-WIN) are being built south of the Elbe. The first 40 kilometres are due to go into operation in 2027. Another 20 kilometres of the hydrogen network are to be added by 2031.
First balance sheet for Hamburger Energiewerke since merger of gas and electricity grids
Hamburger Energiewerke has earned €108.9 million for the city's coffers, according to the first balance sheet since the merger of Gasnetz Hamburg and Stromnetz Hamburg in September 2024. The company is gradually being transformed into an integrated network operator for electricity, natural gas and hydrogen pipelines.
Energy plants preparing conditions for transition
Climate neutrality by 2045
As an urban utilities company, Hamburger Energiewerke is committed to the city's ecological, energy and environmental policy goals, including climate neutrality by 2045. The company is using AI assistants to guide customers through the regulations and technical specifications for photovoltaic systems, wall charging stations, and heat pumps.
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