“Energy is in transition anyway”
taz.de
It is “nonsense” that Germany’s Energiewende destroys big utilities because it is a peculiar and unique policy, writes Ingo Arzt in a commentary in the left-wing taz. “The global utility world faces massive upheavals that will push companies into bankruptcy if they don’t adapt.” A Chilean renewable tender for half the price of coal power, and China’s renewable push, show where we are headed, according to Arzt. “It becomes evident everywhere that renewables have become unstoppable.”
Find a report on E.ON results and plans for job cuts in yesterday’s news digest.
For background on E.ON’s troubles, read the CLEW factsheet E.ON shareholders ratify energy giant’s split.
Read the commentary in German here.
All texts created by the Clean Energy Wire are available under a
“Creative Commons Attribution 4.0 International Licence (CC BY 4.0)”
.
They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a
link to the license, and indicate if changes were made.