CEO´s Initiative

Heads of 11 leading european energy companies propose concrete measures to rebuild Europe´s energy policy. Read leaflet!

Representatives of the most important European energy companies meet Czech Prime Minister Bohuslav Sobotka

On 8 April, Czech Prime Minister Bohuslav Sobotka welcomed Mr. Johaness Teyssen, CEO E.ON, and Mr. Martin Herrmann, CEO RWE East.  Mr. Daniel Beneš, CEO CEZ, also participated in this important meeting. They discussed the targets of the European energy and climate policy till 2030.

The Czech government promotes a target for renewables that would be only indicative, as well as a binding target of 35% for the reduction of greenhouse gases. Energy and industry representatives are more ambitious and could imagine a reduction of emissions by 40% compared to 1990. „Settling on several conflicting targets does not support fair competition among low-emission sources. Rather than subsidies for renewable-sources production, we support research and development of new technologies,“ says Daniel Beneš.

Clearly set and uniform policies should prevent the fragmentation of the European market. „A well-functioning liberalized market promotes competition. Energy companies can then efficiently respond to new challenges and customers will be assured of a reliable and secure supply of electricity,“ says Martin Herrmann.

Czech government officials also agreed with the representatives of the Magritte Group on the need to reform the trading of emission allowances.