About: E.ON
RWE-E.ON deal will run smaller firms out of the market, green power boss claims
The European Commission’s decision to approve an agreement between Germany’s big power firms risks distorting energy market competition, according to the head of another company, who explained to EURACTIV Germany why he has started legal action.
German power giant RWE, Europe’s biggest emitter, aims for zero carbon by 2040
German energy giant RWE said Monday (30 September) it aims to achieve carbon neutrality by 2040, winding up fossil-fuel activities while building up renewable generation, after taking over parts of competitor E.ON.
German power deal spells demise of the integrated utility model
An all-German deal to split Innogy between RWE and E.ON looks set to create a template for European utilities M&A that includes the demise of the integrated model, no more big cross-border deals and a quest for emerging market growth.
RWE, E.ON reshape German power sector in Innogy asset swap deal
Germany's top utilities yesterday (11 March) announced plans to break up Innogy, whose assets will be divided among parent RWE and rival E.ON in the sector's biggest overhaul since a landmark move to exit nuclear power.
Germany leads Europe in offshore wind energy growth
Germany has overtaken the UK in the rate at which it is installing wind turbines at sea, industry figures show. Globally, wind installations grew by 25% in 2014, reaching a landmark 62,000 MW of capacity, according to a separate report by Bloomberg New Energy Finance (BNEF).
E.ON completes split of fossil fuel and renewable operations
German energy giant E.ON has officially separated its fossil fuel assets into a new company, dubbed Uniper.
Adidas, Puma, Aldi, Commerzbank demand EU policy overhaul after COP21
EXCLUSIVE/ Adidas, Puma, Aldi, and Commerzbank are among more than 30 German business giants demanding an overhaul of EU climate and energy policy after Saturday’s landmark deal (12 December) to limit global warming at COP21.
EU leaders to clash over Nord Stream 2 at summit
EXCLUSIVE / The issue of Nord Stream 2 will be discussed at the 17-18 December EU summit, but the exchange is unlikely to go very far because the countries opposing the project use legal arguments which are not widely accepted, analysts told EURACTIV.
Moscow limits German and Polish gas flows as ‘warning’
Poland said on Wednesday it was receiving 20 percent less gas than normal from Russia and a German gas operator said its supplies of Russian gas were slightly reduced.
Orbán suffers setback in price war against energy utilities
Energy companies in Hungary have won a court case against the government over state-imposed natural gas price cuts, Prime Minister Viktor Orbán told the European Parliament on Monday (11 March), calling it a "scandalous" legal decision.
Hungary to step up nationalisations
Hungary has embarked on a plan to nationalise sectors of its economy, raising eyebrows in the business community. The European Commission appears to be watching these developments with concern though it is not yet ready to take action.Hungary’s bid to nationalise E.ON could spur funding backlash
Hungary's plan to nationalise E.ON is the latest instance of the Orbán administration's efforts to consolidate control over the country's energy and utilities sector. The operation is expected to cost nearly €2 billion at a time of challenging economic problems for the country, writes Stratfor. VideoPromoted content