Renewable Energy Expansion: Network Package Causes Criticism
The German government's new legislation aimed at expanding renewable energy and improving network connections is facing significant criticism from industry leaders, including the RWE CEO who describes certain aspects as 'absurd'.
German RWE signs new gas agreement as Merz visits UAE
German energy giant RWE has entered into a deal to explore the supply of liquefied natural gas from UAE's ADNOC as Europe seeks to diversify its energy supply away from the United States.
Merz in Abu Dhabi: The Chancellor's New Friends
Chancellor Friedrich Merz emphasizes closer economic ties with the Gulf States during his visit to Abu Dhabi, including an LNG purchase agreement with RWE, while peace groups criticize arms exports.
Electricity and gas prices could fall in 2026 – energy system 'stretched to the limit'
RWE CEO Markus Krebber predicts that household electricity and gas prices may decrease in 2026 due to government subsidies and increased LNG supply, but warns that the energy system remains vulnerable during severe winters or supply disruptions.
Energy Costs: RWE CEO Expects Falling Electricity and Gas Prices
RWE CEO Markus Krebber predicts lower electricity and gas prices due to state subsidies and increasing supply, though he also warns of long-term risks for winter gas supply.