Siemens lashes out at Energiewende policy / Big biogas potential
https://www.cleanenergywire.org/news/siemens-lashes-out-energiewende-policy-big-biogas-potentialIn response to accusations that Siemens’ job cuts in its fossil power business are “antisocial†and caused by bad management, company CEO Joe Kaeser says the Energiewende is right in principle but is poorly managed. In an open letter addressed to SPD head Martin Schulz, who had voiced the criticisms, Kaeser writes that
“generous subsidies†have created jobs mainly in China’s solar industry, while the German government’s refusal to provide risk coverage to nuclear or coal-fired power plants was a competitive disadvantage for Siemens in export markets. “In Germany, there is hardly any demand for gas and coal plants.â€
Kaeser argues that it is wrong to accuse his company’s management of having missed the boat on the energy transition. He says that Siemens is “the world’s renewable market leader in terms of installed capacityâ€, and that its wind power business, Siemens Gamesa, is “the leading producer of renewablesâ€.