Expanded work hours advocated by a significant group in Baden-Württemberg, as proposed by Ackern.
In a significant move to boost its ambitious investment in green energy, EnBW, a major energy supplier based in Karlsruhe, Baden-Württemberg, has announced an increase in weekly working hours from 36 to 38, effective from 2026. This change marks the end of a special collective agreement from 2011, which had temporarily reduced the workweek due to economic difficulties at that time.
The decision to extend working hours comes as EnBW embarks on a historic €50 billion gross investment program from 2024 to 2030. This investment will focus on the climate-neutral transformation of the energy system, including expanding renewable energy such as offshore wind and solar farms, hydrogen-ready power plants, and upgrading energy networks.
The investment program, which is the largest in EnBW's history, will be funded by a €3 billion capital increase to support projects such as the 1.2 GW “Hohe See” offshore wind farm and grid modernization. This strategic bet on green energy leadership and transition away from coal power towards climate-neutral power generation by 2035 is expected to secure EnBW's position as a leading player in the energy sector.
The increased workload is a response to the intensified demands of EnBW's green energy transformation, which requires a significant effort from its workforce to successfully implement strategic goals. EnBW's employees can take comfort in the assurance that job protection will remain in place until the end of 2030.
The change in working hours was made in consultation with the trade union ver.di and the works councils, signalling a return to regular working hours and a sign of economic stability for the energy supplier's workforce. The company's financial projections suggest that the plan is working effectively, with EnBW expecting up to €5.3 billion in adjusted operating profit before interest, taxes, depreciation, and amortization by 2025.
EnBW, a major corporation in the southwest, serves around 5.5 million customers and aims to contribute significantly to the energy transition at all levels. The company's commitment to green energy is a testament to its dedication to a sustainable future and its role as a responsible corporate citizen.
- EnBW's €50 billion investment in economic and social policy, focused on green energy, includes the expansion of industries such as offshore wind and solar farms, hydrogen-ready power plants, and the upgrading of energy networks, all funded by a capital increase in finance.
- As EnBW transitions away from coal power towards climate-neutral power generation, the company anticipates significant energy demands, necessitating a working force that is prepared to meet these intensified demands, with the extended working hours serving as a response to this requirement.
