German Power Plant Law Hits RWE and Greens Over Reform Delays

RWE Chief Executive Markus Krebber said the draft "Strom‑Versorgungssicherheits‑ und Kapazitätengesetz" (StromVKG) contains flaws that could deter investment, citing price caps and mandatory grid‑service obligations that may scare investors away from building new gas‑fired plants. He warned that limiting bidders in upcoming auctions could send a "devastating message" to the company and the German energy sector, while expressing confidence that the September auction will award contracts for up to three gigawatts of new capacity.

The Green Party, meanwhile, has written to the Bundestag’s Economic and Energy Committee demanding that Minister of Economy Katherina Reiche be summoned to explain the stalled amendment of the Renewable Energy Act (EEG). The Greens argue that without a revised EEG by the end of the year, billions of euros of investment and thousands of jobs are at risk, and they criticize Reiche’s proposal to eliminate feed‑in tariffs for small rooftop solar installations.

Both issues are being debated in parliamentary proceedings that could shape Germany’s power supply strategy and the balance between fossil‑fuel back‑up capacity and renewable expansion.