Can Europe’s power grid cope with the green transition?
The boss of Germany’s biggest grid operator sure hopes so
“More Energiewende, more business for us,” says Leonhard Birnbaum, chief executive of E.ON, a German power-grid operator that enjoys a near monopoly in Europe’s biggest economy. The set of policies and timetables to which he is referring (and which translates to “energy turning-point”) was first unveiled in 2000 with the aim of making Germany a net-zero emitter of carbon by 2045. It is meant to increase the demand for and the supply of green power exponentially. And it can only work so long as that power can reliably flow from wind and solar farms to users in Germany and the rest of Europe.
This article appeared in the Business section of the print edition under the headline “Grid unlock”
Business September 30th 2023
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