“Energiewende’s left-over sale”
Frankfurter Allgemeine
E.ON-spinoff Uniper is often seen as the Energiewende’s bad bank or left-over sale, writes Helmut Bünder in a commentary for Frankfurter Allgemeine Zeitung. Whenever Uniper CEO Klaus Schäfer talks of “upside potential”, he means it can’t get worse, according to Bünder. The company’s results might show that energy trading picked up this year thanks to cheaper Russian gas, but the power plant business is heading downward fast. Demands for a faster coal exit and EU plans to increase the price of CO2 emissions pose considerable risks for Uniper’s future, writes Bünder.
Read the commentary in German here.
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