Germany: CEOs react before the elections

Germany goes to the polls in September against a backdrop of opposition between conservatives and Greens, particularly on energy issues.|Germany goes to the polls in September against a backdrop of opposition between conservatives and Greens, particularly on energy issues.

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Germany goes to the polls in September 2021 against a backdrop of opposition between conservatives and Greens, particularly on energy issues.
Reuters asked power company executives about their expectations of the next government, collecting their quotes.

Germany prepares to vote: leaders react

  • Markus Krebber CEO, RWE: “If we are to achieve our climate targets [de l’Allemagne], we will need to step up the pace: we will need to raise the targets for the expansion of renewable energies, the approval procedures for new wind and solar power plants, the conditions for the development of hydrogen, and also for security of supply.
    “.
  • Leonhard Birnbaum, CEO of E.ON: “We need to radically accelerate the modernization of the energy infrastructure [de l’Allemagne].
    […] In recent years, politicians have gambled that local electricity grids could cope with an increasingly fluctuating supply from renewable sources on the one hand, and growing numbers of consumers on the other […] without making major investments.
    Clearly, this reasoning will no longer work…”.
  • Klaus-Dieter Maubach, CEO of UNIPER: “Uniper expects the new government to provide not only targets, but also clear framework conditions and, where appropriate, funding programs – for example, to promote hydrogen.
    […] With the phasing out of nuclear power and coal, the question of security of supply is becoming increasingly relevant.
    We will need to invest in power plants [pour garantir cette sécurité].
    […] But investment will only flow if the framework is clear and the supply of reserve capacity is rewarded.
    Time is of the essence.
    “.
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