RWE CEO Rejects Nuclear Power Revival, Calls for Accelerated Gas Plant Strategy

Markus Krebber emphasizes the high costs and inefficiency of nuclear energy while urging the government to prioritize new gas infrastructure for Germany's energy transition.

• 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.

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