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EnBW's Board of Management Monitors the Expenses of the Energy Transition

EnBW's CEO, Dirk Güsewell, cautioned in a Südkurier interview (Tuesday) that support for the Energiewende's renewable energy policy might dwindle if electricity prices continue to rise. He emphasized the importance of maintaining energy affordability, for both residential and industrial...

Dirk Güsewell, the CEO of energy supplier EnBW.
Dirk Güsewell, the CEO of energy supplier EnBW.

Weather modifications prompt growing concerns across the globe. - EnBW's Board of Management Monitors the Expenses of the Energy Transition

Massive amounts of money are necessary for the overall energy transition. It's crucial to act swiftly while also being economically efficient. Let's take, for instance, a city with 250,000 residents: It would cost approximately 700 million euros to expand the required infrastructure to reach a climate-neutral status.

Nevertheless, the implementation of the energy transition faces challenges regarding essential elements like solar panels or power lines. 'There's immense pressure on suppliers,' Gusewell stated. The scarcity issue is getting increasingly critical. 'Meeting deadlines with the appropriate quantities is a significant challenge, even for energy companies.'

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