Welcome, Guest. Please login or register.
Did you miss your activation email?
December 20, 2014, 04:35:43 pm
HomePredMockPollEVCalcAFEWIKIHelpLogin Register
News: Don't forget to get your 2013 Gubernatorial Endorsements and Predictions in!

+  Atlas Forum
|-+  General Politics
| |-+  International General Discussion (Moderators: Peter, afleitch)
| | |-+  E.On shakes off all its fossil fuel and nuclear assets
« previous next »
Pages: [1] Print
Author Topic: E.On shakes off all its fossil fuel and nuclear assets  (Read 101 times)
YaBB God
Posts: 1673

View Profile
« on: December 02, 2014, 07:03:05 am »


E.On the world's largest utility has rather drastically responded to the spiralling costs of, erm, existing. Its books (like all German utilities) have been in the red for a while: first Merkel ditches the nuclear sector to win the last election, then an increasingly onimous death spiral means more irate consumers are disconnecting; and now the CDU (not the SPD, mind) want to pull support for coal too. - all the while renewables get plum access to the grid. It's a sad new world for what was once a pretty dependable sector.

So the company has taken the plunge. All the loss-making assets - the nuclear plants, the fossil fuels and their associated upstream programmes will be placed in a new company, which I presume will be kept alive with public assistance. The rump E.On will focus exclusively on the renewable element to the energy pie.

RWE is sceptical.
« Last Edit: December 02, 2014, 07:08:01 am by CrabCake »Logged

What does individual politics got to do with ANYTHING?


F U ridiculous MORON forum!!


F U!

What's wrong with "you guys" Huh Huh

I know it was only down to one sole moronic soul who decided that this was beyond his worth as a human being to consider comedians as actual human beings.
Pages: [1] Print 
« previous next »
Jump to:  

Login with username, password and session length


Powered by SMF 1.1.20 | SMF © 2013, Simple Machines