Markus Krebber gives several reasons for the expected increase. The CEO of the energy company also commented on the coal phase-out.
The CEO of the RWE energy company, Markus Krebber, expects end users to see “electricity and gas becoming more expensive in the next few years”.
How strong the increase will be, cannot be said today, said Krebber of the “Rheinische Post”. “Nobody expected the current explosion in stock market prices,” he added.
There are several reasons for this. “Last winter was very cold and the windy year was weak, so gas-fired power plants often had to step in. Less liquefied gas was delivered to Europe, and we are seeing an increase in demand from the economy around the world, which has picked up again after Corona, ”summarized Krebber.
Russia produces as much gas as in previous years, Krebber clarified. “But because of the high demand from Asia and Russia itself, less is arriving in Europe.”
When asked whether the planned phase-out of coal-fired power generation by 2038 would be feasible as early as 2030, Krebber said: “A coal phase-out in 2030 is feasible – if we increase the pace of the expansion of renewable energies enormously and build many additional gas-fired power plants. Those who just switch off, on the other hand, endanger the security of supply in Germany. “
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
