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Commodities Briefing - Categorized | Energy, Market Moves more

German energy crisis favours the fleet

Posted on 28 August 2013

Germany’s half-a-trillion-euro energy overhaul is forcing sector players to turn around their business models fast, giving smaller groups a head start on the country’s ponderous utilities.
Europe’s largest economy has seen its energy sector slide into crisis following its decision to abandon nuclear power by 2022, as a subsidised boom in solar power has dealt a heavy blow to traditional utilities, forcing them to close plants generating thousands of megawatts………………………………………..Full Article: Source


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