RWE boss Markus Kreber on the energy transition and hydrogen regulations

RWE boss Markus Kreber on the energy transition and hydrogen regulations
RWE boss Markus Kreber

The manager is continuously aligning the energy company with renewable energy.


(Photo: DPA)

berlin rweCEO Markus Kreber accused the EU Commission of blocking entry to the hydrogen economy. Regulation that is too demanding and complex “completely shuts down the necessary ramp-up of the hydrogen economy,” Kreber said in an interview with Handelsblatt.

On the other hand, the RWE boss praised investment conditions in the United States, where the Inflation Reduction Act (IRA) “created very attractive conditions for investment in climate protection”. Long-term stability and practicality are important.

The RWE boss has expressed skepticism about the federal government’s expansion targets for offshore wind power. They are not sure whether the suppliers have enough capacity. “It starts with the turbines and ends with the capacity of the installation vessels. None of this can be scaled up at will in the short term,” Kreber said.

Read the full interview with RWE CEO Markus Kreber here:

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