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German Power Sector In Massive Trauma As Electricity Giant EON Set To Post Colossal €12.4 BILLION Loss!

German Power Sector In Massive Trauma As Electricity Giant EON Set To Post Colossal €12.4 BILLION Loss!

The ‘Energiewende’ (transition to green energies) risks leading to a complete meltdown of Germany’s power generation sector. The latest news is that German electricity giant Eon expects to post a massive 12.4 billion euro loss for the year 2016, NTV news site writes here. Careful not to link the loss to Germany’s failing renewable energy […]