In a recent interview, RWE's CEO, Mr. Krebber, discussed the complexities surrounding the Power Plant Safety Act in Germany and the company's perspective on the energy transition. Krebber emphasized the dual need for a cost-efficient legislative framework and expedited implementation to facilitate the construction of new power plants. He advocated for a balance between cost efficiency and speed in introducing regulations post the German elections. Regarding the potential construction of 50 new gas-fired power plants, Krebber indicated that RWE's participation would depend on tender designs and market conditions. He highlighted the importance of renewables, storage capacities, and gas-fired backup for an effective energy system, with gas plants possibly transitioning to be climate-neutral through CCS technology. The discussion also touched upon the challenges of hydrogen infrastructure development, with Krebber underscoring the demand for hydrogen in industries and power generation. He pointed out hurdles in ramping up hydrogen technology due to economic constraints and the need for market demand to drive supply. Krebber further addressed the delay in onshore wind investments in the U.S. due to policy changes, signaling RWE's cautious approach towards new investments amid evolving regulatory landscapes. Despite challenges, he expressed optimism about the growing demand for electricity and economic trends benefiting RWE's onshore plants.