German energy grid operators are poised to receive higher returns on their investments, according to a statement from Klaus Müller, President of the Bundesnetzagentur (German Federal Network Agency). In an interview with Handelsblatt, Müller confirmed the agency’s intention to adjust remuneration levels, a move intended to bolster investment in crucial energy infrastructure.
For years, grid operators have voiced concerns that current rates of return, approved by the Bundesnetzagentur, are insufficient to compete internationally, making it increasingly challenging to secure investment. This criticism was recently echoed by Federal Minister for Economic Affairs, Katherina Reiche, who highlighted Germany’s comparatively lower interest rates on invested capital in the energy grid sector.
Müller clarified that the planned adjustment extends beyond simply reacting to fluctuations in interest rates. A methodological revision is underway, which is expected to result in an upward revision of returns. While the exact figures remain to be finalized, he stated that an increase is now foreseeable.
The Bundesnetzagentur president emphasized that the planned change aligns closely with the concerns raised by Minister Reiche, asserting that there is complete agreement between the agency’s preparations regarding future capital remuneration and the minister’s position. The move is aimed at ensuring a stable and attractive investment climate for the continued operation and modernization of Germany’s essential energy networks.