Green Grids, Good Business?

The costs of converting Germany's power supply infrastructure to renewably generated electricity is enormous. Some skeptics fear the high cost of the transition will frighten off international companies. But there is also a case that with increasing numbers of firms committed to carbon-neutral production, Germany's green energy grids will soon a powerful argument for them to do business there. Our Guests: Nicolas Steinbacher is Senior Director of Strategy & Corporate Development for Swedish lithium-ion battery company Northvolt in Germany. Northvolt has broken ground on a gigafactory in northern Germany with its huge supplies of wind-generated electricity. Marco Nix is Chief Financial Officer for 50Hertz, one of Germany's electrical transmission grid operators. His company is building thousands of kilometers of power lines to feed green grids bringing energy from wind and solar sources in the north, to manufacturing centers in the south of the country.