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Germany’s Energy Adventure Intensifies…Eon’s Announcement Plunges Power Supply Future Into Chaos, Uncertainty

By on 3. December 2014

Chief Executive Johannes Teyssen of German power giant Eon announced yesterday the spin off of its fossil fuel and nuclear generation operations, saying it will focus instead on renewables like wind power, energy efficiency technology, and smart grids. The announcement yesterday sent shock waves through Germany’s power generation market and the political landscape. The moves produces […]

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