2023-11-28 18:03:54
In Robert Habeck’s Ministry of Economics and Climate Change, their ears are ringing because key green future and transformation projects are simply left without funding. But it doesn’t help. Whether RWE actually builds at least three gigawatts of additional gas power plant capacity in Germany, as Markus Krebber actually plans to do, depends largely on Habeck’s people, on Brussels and the vexing question of who should pay for it in the end and with how much money. We’re talking about the now infamous power plant strategy. Essentially, this is intended to determine how much money investors will receive who build hydrogen-capable gas power plants, even though they will only run for a short time, because the majority will come from wind and solar parks in the future. At the Capital Markets Day, Krebber made it clear in several places that Berlin would have to deliver this strategy soon if it wanted to phase out coal in 2030. Flexible generation systems are “the backbone of the energy transition,” he said. RWE is “desperately waiting” for the strategy. It takes six years to plan, approve and build such power plants. If these cannot be maintained, it will be difficult to do without coal-fired power plants. Krebber said whether the federal government wanted to incentivize the construction of gas power plants through capacity markets or investment subsidies “in the end it doesn’t matter.”
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