Overview

• RWE CEO Markus Krebber firmly opposes restarting nuclear power plants in Germany, citing prohibitive costs, lengthy timelines, and limited impact on current energy shortages.
• Krebber highlighted that reviving nuclear plants would require extensive retrofitting, regulatory approvals, and significant workforce rebuilding, making it an impractical solution.
• He stressed that new nuclear projects in other countries often face delays and cost overruns, with expenses reaching double initial estimates and billions in public investment.
• RWE's commitment to exiting coal by 2030 is contingent on the German government approving new gas-fired power plants, with Krebber urging an expanded and faster rollout of such projects.
• Krebber defended Germany's occasional import of French nuclear energy as a normal part of European energy cooperation and pointed to Germany's prior support for France during its energy crisis.