EnergyWatch

RWE criticizes Repower EU

The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.

Photo: PR RWE

A little less than a week ago, President of the European Commission Ursula von der Leyen presented a new plan intended to break Europe free from Russian energy. Since then, the plan has received much praise, but now German utility RWE gives a blunt assessment of the matter.

Chief Executive Officer Markus Krebber draws attention to the fact that although the initiative itself is a step in the right direction for accelerating green hydrogen development, a new delegated act pertaining to green hydrogen risks curbing the roll-out in the short term.

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