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Power Transmission Firm Elia Group Targets Nearly $8 Billion Investment in Belgium, Germany in 2026

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Electricity transmission company Elia Group on Wednesday said it is targeting a capital expenditure of 6.8 billion euros ($7.88 billion) in Germany and Belgium this year.

In 2026, the company plans to invest about 1.7 billion euros in Belgium and 5.1 billion euros in Germany, Elia said in its Q1 earnings statement for the quarter ended March 31.

Elia said it expects the publication of the Belgium's final tariff methodology for 2028-2031 by no later than June 30.

The bilateral dialogue phase related to the tariff methodology was completed by Elia Transmission Belgium and the Commission for Electricity and Gas Regulation, with an outcome of the dialogue published by CREG in April.

The public consultation period ended last week and the CREG is now expected to adopt a final decision approving the tariff methodology and submit it to the Belgian Parliament, Elia said in its Q1 earnings statement for the quarter ended March 31.

In Germany, the second draft of the Network Development Plan Electricity 2037/2045 was published and submitted to independent German regulatory authority BNetzA by transmission system operators 50Hertz, Amprion, TenneT and TransnetBW in early 2026, the statement said.

The draft covers topics such as electricity demand, battery storage, flexible loads, hydrogen and offshore grid development and estimates investments of up to 365-392 billion euros through to 2045, it added.

Meanwhile, a study on offshore grid infrastructure and wind development towards 2040 by eight TSOs from across the Baltic sea region has identified "around 13 gigawatt of cost-efficient cross-border interconnectors and up to 50 GW of additional offshore wind capacity," the statement added.

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