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Chris Wright: “Germany they've invested a half a trillion dollars more than…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

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Goldman Sachs MD Neil Mehta speaks to Energy Sec. Chris Wright at energy conference — 1/7/2026

Published | Video Starts at 13:29

If you make electricity more expensive and people don't know where that policy is going to go, guess what energy intensive industry leaves your country? The United Kingdom and Germany are experts at that and they can tell you in Germany they've invested a half a trillion dollars more than doubled the capacity of their electricity grid and they produce 20% less electricity than they did before. The half trillion dollar investment and they sell it at three times the price. Like that is not a winning model. That is not what the world is going to duplicate. (13:29–13:41)

CLAIM

Asserts that Germany invested half a trillion dollars to double electricity grid capacity but produces 20% less electricity.

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