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Supply chain, red tape hamper European renewables projects: RWE CEO

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The most significant barriers to rapidly expanding renewable energy in Europe are supply chain capacity and an uncertain investment environment, according to Markus Krebber, CEO of Germany's largest utility RWE.

The Russia-Ukraine war and subsequent gas and energy crisis was a wake-up call for Europe, exposing years of underinvestment in energy infrastructure, Krebber said at a conference in Norway.

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