A major problem with energy politics in Germany has been that management at leading utilities and other power sector companies have sold out to the green cause at a very early stage. A striking example is the CEO of Germany’s RWE utility, one of the four leading ones in Germany, who this morning responded to a beginning debate about letting nuclear power plants run for longer. “We are not available for this,” CEO Markus Krebber told journalists.
The German government is paying (or rather, bribing into acceptance) four nuclear operators — including RWE — with nearly 2.6 billion euros ($3.05 billion) in compensation for forcing them to shut their nuclear plants early in response to the Fukushima disaster.
