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Berlin 1,001–5,000 employees 50hertz.com
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50Hertz
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0 jobs · 1 filter active · updated 125 days ago

About 50Hertz

Company Overview

Name

50Hertz Transmission GmbH

Headquarters

Berlin, Germany

Founded

2010

Size

Approximately 1,000 employees (Source: linkedin.com). Revenue data for 2023 or later is not publicly available.

What They Do

50Hertz focuses on the operation, maintenance, planning, and expansion of the 380 kV and 220 kV high-voltage transmission network, which spans approximately 10,200 km across East and North Germany. This network covers around 30% of Germany's area, including federal states such as Brandenburg, Mecklenburg-Vorpommern, Saxony, Saxony-Anhalt, Thuringia, as well as Berlin and Hamburg. A strong emphasis is placed on integrating high amounts of renewable energy, particularly wind power, to ensure grid stability and facilitate transport to consumption centers (Source: wikipedia.org). Core services include grid management, energy transmission, system stability, grid planning, asset management, electricity trading, and customer service, as well as offshore grid connections through its subsidiary 50Hertz Offshore GmbH. These activities support Germany's energy transition by enabling the integration of renewable energies without direct generation in solar, storage, or hydrogen (Source: aimagazine.com). Target markets include supplying 18 million people and industries within its control area, interacting with distribution network operators, large industrial customers, and cross-border European partners through membership in ENTSO-E and collaborations such as TSCNET Services GmbH, JAO, EEX, and Coreso (Source: balticwind.eu). As one of the four German transmission system operators (TSOs) alongside Amprion, TenneT, and TransnetBW, 50Hertz stands out due to its dominance in renewable-rich regions and its expertise in grid resilience for fluctuating wind energy (Source: wikipedia.org).

Projects & Track Record

50Hertz manages over 10,000 km of high-voltage network, equivalent to the distance from Berlin to Rio, ensuring uninterrupted supply in its area. The company has a track record of expanding to integrate renewable energies, although specific completed project names, capacities, and years are not detailed in the sources (Source: balticwind.eu). A key ongoing project is **Ostwind 3**, which connects the planned 300 MW wind anchor offshore wind farm northeast of the island of Rügen via onshore and offshore cables, advancing grid capacity for renewable energies (Source: balticwind.eu). The company is pursuing an extensive investment program that includes both onshore and offshore expansions, partially financed by €1.5 billion in green bonds issued by Eurogrid – the largest in the company's history – for projects to integrate renewable electricity (Source: balticwind.eu). Key partnerships exist with the Elia Group for European coordination, ENTSO-E for cross-border initiatives, KfW for financing, and regional actors such as distribution network operators and municipalities; customers include producers feeding into the grid as well as end consumers in a population of 18 million (Source: 50hertz.com). The geographical presence extends across North and East Germany with offices in Berlin, Bad Lauchstädt, Güstrow, and Neuenhagen, as well as European expansion through activities of the Elia Group (Source: highperformr.ai).

Recent Developments

As part of a leadership restructuring announced for 2024-2025, 50Hertz expanded management responsibilities to address rising investments: Marco Nix as CFO now oversees onshore/offshore projects and most CAPEX; Dr. Dirk Biermann as COO leads operations, planning, assets, customers, and trading; Sylvia Borcherding as CCO and Labor Director added competence centers for conservation, permits, and technical planning; CEO Stefan Kapferer took on energy economics and portfolio management (Source: balticwind.eu). Eurogrid issued €1.5 billion in green bonds (third and fourth issuances), the highest volume to date, to finance land and sea projects for the transport of renewable energies (Source: balticwind.eu). The Ostwind 3 project is progressing as a connection for the 300 MW wind anchor offshore wind farm (Source: balticwind.eu). In the past two years, no acquisitions, mergers, or funding rounds beyond the bonds, nor specific awards or certifications have been noted in the available sources (Source: balticwind.eu).

Working There

Roles span engineering for grid stability and renewable integration, operations and system management under COO Dr. Dirk Biermann, finance and project implementation under CFO Marco Nix, human resources and competence centers (conservation, permits, technical planning) under CCO Sylvia Borcherding, as well as strategy, regulation, legal, communication, energy economics, and portfolio management under CEO Stefan Kapferer (Source: balticwind.eu). Hiring occurs at the headquarters in Berlin (Eichenstraße 3A, Netzquartier) for strategic, engineering, HR, and control functions, as well as at regional locations such as Bad Lauchstädt, Güstrow, and Neuenhagen for operations, maintenance, and local projects (Source: highperformr.ai). The company culture emphasizes engineering-driven reliability, safety, innovation, collaboration, and engagement with the challenges of the energy transition in a modern, sustainable office with open spaces (Source: highperformr.ai). Specific benefits are not documented in the sources, but the DGNB Gold-certified headquarters indicates a focus on sustainability in the facilities (Source: highperformr.ai).

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