Eon Group warns: Germany may fall behind in energy transition.
The German utility company E.ON Group said that Germany may lag behind in transitioning to clean energy due to counterproductive regulations and "unclear" political commitments. The company plans to invest 43 billion euros between 2024 and 2028, mainly in European grids. The company stated that the new German government has not yet taken steps to increase the return on such investments, which it believes are crucial for energy transition. Despite advancing its multi-billion euro spending plan - with investments in the first half of 2025 increasing by 11% compared to the same period last year - E.ON Group had previously stated that it could spend an additional 10 billion euros if conditions were more favorable. German grid operators have long believed that the return rates set by regulatory agencies are too low, hindering much-needed infrastructure upgrades. However, increasing return rates may further burden consumers who are already facing high energy prices, contradicting plans in Berlin to reduce consumer bills.
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