German power grid operators need higher earnings from 2029, Amprion says

Elia SA

23/01/2025 09:00

BERLIN, Jan 23 (Reuters) - Germany's power grid
operators will need the country's regulator to grant higher
returns on their capital from 2029 to be able to spend on grid
expansion and attract investors, the chief executive of network
company Amprion said.
    Speaking to Reuters on the sidelines of the Handelsblatt
Energy Summit, CEO Christoph Mueller said Amprion, 25% owned by
utility RWE  RWEG.DE , wished for the regulatory agency to
consider its plea in decisions expected later this year.
    "The German equity interest rate for transmission grids
cannot keep up with international competition," he said.
    "If nothing changes, it will present us as a transmission
system operator (TSO) with major challenges in financing the
projects of the coming years," he added.

 (Reporting by Vera Eckert and Tom Kaeckenhoff, editing by
Miranda Murray)
 ((vera.eckert@thomsonreuters.com; +49 30 2201 33654))