SPIEGEL: Grossmann, the outgoing CEO of RWE, is the loudest proponent of nuclear energy in Germany. And now, even before you assume your post as chief executive in July, you have announced that RWE is no longer interested in building nuclear power plants. Mr. Grossmann must be fuming, don’t you think?
Terium: No. Our decision regarding nuclear energy is a decision made by the entire executive board. The previous position stems from a time before the Fukushima disaster and the financial crisis, and, as a result, we could still afford to make costly investments in new nuclear power plants. Now we’re living in a completely different world.
Terium: The impact of current political decisions and market changes extends far beyond Germany. The large amounts of wind and solar energy that are being fed into the grid, together with the economic crisis, have led to a sharp decline in electricity prices. …. (more)
