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German Energy Change May Fail on Grid, Hogan Tells Handelsblatt

April 22 (Bloomberg) -- ABB Ltd. Chief Executive Officer Joe Hogan said Germany’s energy transition may fail if the country doesn’t expand its electricity grid faster, Handelsblatt reported in a preview of a story that will run tomorrow.

The dimension of the integration of wind and solar power parks is unparalleled in the world and it is not yet clear to all participants how important the power grid is for the success of the transition, Hogan said, according to the newspaper.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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