German energy giant Eon has booked a big loss for the first half of the year. Like other utilities, it has been impacted by Berlin’s mandated shutdown of nuclear power stations as the country switches to renewables.
Climate change is likely to cause water shortages – around the world and especially on the continent of North America. This will also affect energy supply from hydropower – but one Canadian utility is already responding. Recent research has shown that greenhouse gas emissions are continuing to rise. This wakeup call rings loudly in northern …
German power supplier Eon has reported a hefty loss for the first nine months of the year as major write-downs on power stations keep weighing on the firm. The company will be split up by the end of 2015. Germany’s largest energy producer, Eon, on Wednesday reported a record loss of almost 5.7 billion euros …
