Āé¶¹ĪŽĀė°ę

News Digest Item
09 Sep 2016

ā€œGerman power companies: Breaking badā€

The Economist

When RWE and E.ON both split their their fossil fuel-based and their new energy technology businesses into separate companties, it was evidence that the German Energiewende ā€œhas dealt a huge jolt to the business model of what were once two of Europe’s most highly regarded utilities,ā€ writes The Economist. There are ā€œplenty have reservations about the coming [stock market] listingsā€ of RWE’s Innogy and E.ON’s Uniper, according to The Economist. ā€œ[E.ON’s] Mr Teyssen prefers to see his company not as a dinosaur fighting extinction, but as a bird—the descendant of a dinosaur—flying into a bright future. Provided, that is, it doesn’t crash into a power pylon,ā€ the magazine writes.

Read the article in English .

Find background information in the Āé¶¹ĪŽĀė°ę factsheets E.ON shareholders ratify energy giant's split and RWE’s plans for new renewable subsidiary.

All texts created by the Āé¶¹ĪŽĀė°ę are available under a . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee