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BASF boss calls for nationalization of the electricity grids

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BASF boss calls for nationalization of the electricity grids

Only network operator Amprion would remain completely in private hands if the company were bought back. Their managing director Hans-Jürgen Brick said in 2020 to the “Handelsblatt”: In principle he sees “no need to nationalize network operations”. He has “significant doubts that a state-owned company can muster the innovative strength that is needed for the energy transition.”

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If, in addition to Tennet, 50Hertz and TransnetBW also separated from their transmission networks, it would be in the transmission network area, almost four fifths of the country’s area, which would be controlled by the federal government. If you then consider that a large part of the distribution networks, i.e. the electricity networks at regional level, are owned by municipal companies, the idea of ​​complete nationalization perhaps no longer seems so unrealistic.

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