Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, November 15, 2012

Eon warns on conventional power

http://www.ft.com/cms/s/0/47fe92d6-2d71-11e2-9988-00144feabdc0.html#ixzz2CJBKXrmd

Eon warns on conventional power

Eon, Germany’s biggest utility by sales, has ditched its profit target for 2013 after warning that its gas-fired power stations have become “barely profitable to operate” because of weak economic conditions and a surge in renewable energy in Europe.

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