“The situation is clear: power plants that can nolonger operate economically and that are not needed to maintain systemstability will be withdrawn,” Eon chief executive officer Johannes Teyssen saidearlier this week.
“If
Merkel blows away fossil profits
German Chancellor Angela Merkel’s campaign to limit climate change with an energy system based on renewable sources is cutting into profits of fossil-fueled power companies, Bloomberg News reported.
