Financial expert denounces 60 billion investment in gas power plants - what is behind Mr. Müller's energy policy?

Financial expert denounces 60 billion investment in gas power plants - what is behind Mr. Müller's energy policy?

According to a report by www.achgut.com, the head of the Federal Network Agency, Klaus Müller, has the goal of building 50 new large gas power plants by 2030, which should be converted to hydrogen by then. However, this ambitious plan raises some serious questions.

The capacity of the three gas terminals is currently only sufficient for around 5 gigawatts, while the federal government is planning 21 gigawatts of gas power plant capacity by 2030. It is questionable where the missing gas will come from to supply the additional 16 gigawatts. There are also no locations with hydrogen-capable gas pipeline connections, planning approval procedures, and tenders for the power plants.

The head of the Federal Network Agency's math skills were also questioned as he claimed that over 50 percent of electricity would be produced from renewable energy sources by 2022, which is nothing but nonsense. His optimistic stance on gas supplies and his advice to consumers are also seen as questionable.

These hallucinations by the head of the Federal Network Agency have serious implications for the energy industry and the market. Financing, the need for gas or hydrogen, infrastructure and the provision of resources are all major challenges that can have long-term impacts. It is unclear how these plans will actually be implemented and whether they are even realistic.

The vision of the head of the Federal Network Agency can lead to significant investments that cannot pay off because the power plants are only allowed to produce electricity under certain weather conditions. The requirements for approval authorities, the bureaucracy and the need for personnel for such projects will pose major challenges for energy suppliers.

It is important that the planning and implementation of such ambitious goals are realistic and sustainable in order to avoid negative effects on the market. Citizens and consumers should be supported in the energy sector in a fair and proportionate manner, while ensuring the long-term stability and security of the energy sector.