“We are a respected partner in the energy transition 'madein the USA', which distinguishes itself from less well executed approaches inother countries by its hitherto disciplined approach,” Kaeser told shareholders in Munich while presenting results for the company’s firstquarter.

The US has taken a very reasonable approach to the restructuringof its energy supply, Kaeser said, with itsmix of fossil generation and “new energy sources” that take care of peak demands.

“America