Germany’s power supply may face risks unless new plants are constructed fast, Matthias Kurth, the former head of the country’s Federal Network Agency, told television station ZDF in an interview posted on the station’s website.
Germany’s electric power supply is not in danger, the head of the country’s Federal Network Agency, Matthias Kurth, told television station Phoenix, according to a preview of an interview to be broadcast today.
German consumers should shop around for new power providers as most utilities prepare to increase electricity prices in January, Matthias Kurth , head of Germany’s Federal Network Agency, told the Financial Times Deutschland .
Matthias Schuele’s aluminum foundry stands a 30-minute drive from a nuclear reactor that supplied electricity for more than three decades until German Chancellor Angela Merkel switched it off in March.
German stocks fell, with the DAX Index extending its biggest monthly drop in almost nine years, as European confidence in the economic outlook plunged the most since December 2008 and confidence among U.S. consumers slid.
Germany’s power grid is nearing the “edge of its capacity” as the nation switches to renewable power because of the decision to exit nuclear generation, and after slow modernization of the network, the regulator said.
Returns for investors in Germany’s power grid are attractive and don’t need to increase, Handelsblatt reported, citing an interview with Matthias Kurth , head of Germany’s Federal Network Agency regulator.
Germany’s top utilities regulator, Matthias Kurth , wants builders of new electricity power lines to lay glass fiber cables at the same time to speed up spreading access to high-speed Internet services, Handelsblatt reported.
Germany’s accelerated nuclear phase- out is putting pressure on power networks and could disturb the supply as soon as next week, according to Matthias Kurth , who heads the Federal Network Agency, the Rheinische Post reported.