Red Eléctrica de España awards Nexans with a turnkey contract worth over €50 million to manufacture and install an interconnection cable between Majorca and Menorca

The turnkey contract worth over 50 million euros covers engineering, design, supply, installation and testing of the interconnection. The contract was awarded and approved only 20 days after the Spanish Council of Ministers granted the administrative authorisation for construction to Red Eléctrica and declared it as a public utility project. In addition, Menorca’s Special Maintenance Plan will benefit from a special crane to enable round-the-clock work on the high-voltage grid. Red Eléctrica de España has awarded Nexans with a contract worth over 50 million euros to manufacture and install a power cable that will connect the islands of Majorca and Menorca in Spain. The contract was signed only 20 days

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Red Eléctrica presents the awards to its best in-house energy efficiency projects of 2017

The Chairman of Red Eléctrica de España, José Folgado; the Corporate Director of Resources, Ángel Mahou, and the Manager of the Human Resources area, Jose Antonio Vernia, today presented the awards for its best in-house energy efficiency projects of 2017 at the 6th Edition of the Red Eléctrica eficiente Awards. The Company’s Red Eléctrica eficiente programme promotes the development of initiatives that help showcase the Group’s commitment to energy efficiency and to the fight against climate change. With these awards, the Company seeks to engage all its employees in said commitment through the exchange of knowledge and good practices among all areas of the business. In this sixth edition, a

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Red Eléctrica invests more than €9.3 million in innovation during 2017

In 2017, Red Eléctrica de España earmarked more than €9.3 million for the development of 85 initiatives related to innovation, considered as part of its strategy for the 2016-2019 period; a strategy defined with the purpose of boosting innovation as a lever for growth. This volume of investment, which in 2017 represented an increase of 8.1% on that of the previous year, has been geared towards initiatives in various areas of the Company’s business activity and has focused mainly on four vectors: digitalisation, people, sustainability and technology. In this regard, the Company has focused its efforts on continuing the development of the Best Paths project (BEyond the State-of-the-art Technologies for

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Auctions allocate 2,600 MW of interruptible power to large consumers

Red Eléctrica de España has completed the process for assigning the interruptibility service through competitive bidding auctions with the allocation of a total of 8 blocks of 90 megawatts (MW) and 376 blocks of 5 MW, which translates into an interruptible power for the period 1 January to 31 May 2018 of 2,600 MW. There were 128 consumers involved in this auction. The auctions, which took place in Valladolid from 18 to 20 December, were organised by Red Eléctrica as Auction Administrator, which today published the final results on the e-Sios website, which have already been validated by the National Securities Market and Competition Commission (CNMC). The average allocation price

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Red Eléctrica and RTE allocate the electricity exchange capacity between Spain and France for 2018

Red Eléctrica de España (REE) and Réseau de Transport d’Électricité (RTE), operators of the electricity systems of Spain and France, respectively, have allocated the electricity exchange capacity for 2018. This allocation generates revenues of 76.7 million euros. Half of this revenue, which corresponds to Spain, is earmarked towards reducing the regulated costs of the Spanish electricity system. In the Spain-France direction, 700 megawatts (MW) were offered and allocated, establishing a final price of 2.25 euros/MW, with capacity having been obtained by 14 of the 30 participating agents. In the France-Spain direction, 700 MW were offered and allocated, with a final price of 10.25 euros/MW, with capacity having been obtained by

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Red Eléctrica is awarded the construction of the Tintaya-Azángaro line in Peru

The Red Eléctrica Group, through its subsidiary Red Eléctrica del Sur S.A., has been awarded the concession contract for the ‘Tintaya-Azángaro 220 kV Transmission Line’ project in Peru, through an international public tender conducted out by Peru’s state agency for the promotion of private investment (ProInversión). Red Eléctrica will be responsible for the design, construction, financing, operation and maintenance of a 128-km line in the southern region of the country for a period of 30 years, in addition to the construction period. With this infrastructure, Red Eléctrica establishes a connection between the projects of Transmisora ​​Eléctrica del Sur and Transmisora ​​Eléctrica del Sur 2, closing the ring between Tintaya and

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The permitting process begins for the electricity interconnection project between Spain and France via the Bay of Biscay

The new 370 km link will be the first submarine interconnection between the two countries Its commissioning is planned for 2025 and it has an approximate budget of 1,750 million euros Red Eléctrica de España and its French counterpart Réseau de Transport d’Électricité have begun the public consultation of the project for the electricity interconnection between Spain and France via the Bay of Biscay, in accordance with European requirements that require a process of public participation in the initial processing stage of trans-European energy infrastructure. The new 370 km long electricity link will strengthen the interconnection capacity between Spain and France, as well as that of the Iberian system with

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Ingeteam participates in Multivendor Process Bus Interoperability project with Spanish TSO REE

The Non- Conventional Instrument Transformers and IEC 61850 Protection Relays Interoperability project intends to field test the interoperability between different Non-Conventional Instrument Transformers (NCITs) and Protection Relay manufacturers. Interoperability is achieved by using IEC 61869-9 (Instrument transformers – Part 9: Digital interface for instrument transformers) compliant NCITs and IEDs for digital information exchange of analogue magnitudes (Sampled Values). REE has selected the 163Km / 101 miles long Mudarra – Montearenas 220kV Line to deploy the project due to the high fault rate registered in the line which will help evaluating, not only the performance of the process bus based interoperable Protection System, but also: The feasibility of a mixed (Conventional

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MARI-Project: 19 European TSOs agree to further cooperation on mFRR-platform

Nineteen European Transmission System Operators signed a Memorandum of Understanding for the design, implementation and operation of a new manual frequency restoration reserve platform A cooperation of nineteen Transmission System Operators (TSOs) from across Europe signed a Memorandum of Understanding (MoU) to consolidate a single, shared view on how to implement a European platform for the exchange of balancing energy from Frequency Restoration Reserves with manual activation (mFRR platform). The project is called MARI which stands for Manually Activated Reserves Initiative. As the Commission regulation Guideline on Electricity Balancing (GL EB) approved on March 16, 2017, by the Electricity Cross Border Committee requires the introduction of platforms coordinating the exchange

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REE y el BEI ratifican un acuerdo de financiación por importe de 450 millones de euros

REE y el BEI ratifican un acuerdo de financiación por importe de 450 millones de euros El vicepresidente del Banco Europeo de Inversiones (BEI), Román Escolano, y el consejero delegado de Red Eléctrica de España (REE), Juan Lasala, han ratificado hoy un acuerdo de financiación por importe de 450 millones de euros. El acuerdo tiene como objetivo financiar una parte de las inversiones previstas en el Plan Estratégico de REE. El apoyo del BEI contribuye a reforzar el mallado de la red en la península, así como las interconexiones internacionales y entre islas, como parte de las prioridades del Plan de redes energéticas de la Unión Europea (Trans European Energy

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