Enexis Holding N.V. is a Dutch Distribution System Operator (DSO). The company is 100% state-owned. More than 90% of its revenue derives from core regulated business. Enexis engages in the installation, maintenance, operation, and development of distribution grids for electricity and gas. It also provides related services, including metering services, public lighting, and the rental of mid-voltage installations, as well as the installation and operation of private energy distribution grids. The company is headquartered in Den Bosch. As of December 31, 2018, the company’s electricity grid covers 139,900 kilometers with 2,814,000 connections; and gas grid covers 46,400 kilometers with 2,324,000 connections. It serves 2.8 million electricity customers and 2.3 million gas customers in the Dutch provinces of Groningen, Drenthe, Overijssel, Noord-Brabant, and Limburg. Enexis Holding N.V. was founded in 1999 and is headquartered in ‘s-Hertogenbosch, the Netherlands.
Enexis makes a good fit with our Sustainable Mobility and Infrastructure theme. Building and maintaining the infrastructure for the transmission of energy (gas and electricity), Enexis is a key player in facilitating the energy transition. The company’s core activity besides energy distribution is managing and upgrading the network grid to improve the distribution of renewable energy. Renewable energy production (VRE) brings challenges to grid operators for several reasons. The output of VRE can’t be fully predicted, is location-specific, and requires additional capital investment for synchronous generation. And VRE’s low capacity factor makes it challenging for conventional power plants to cover their cost during peak hours of VRE. Extra investments by Enexis in the energy transition are estimated to be at approximately EUR 170 million on average per year up to 2030.
Enexis accommodates grid expansion to:
- enable decentralized renewable electricity generation;
- create smart grid to equip stations with distribution automation and distribution automation light;
- facilitate green gas transmission by leveraging existing infrastructure;
- install smart meters;
- enable district heating in densely populated areas and provide energy storage solutions.