E.ON takes up Germany’s green challenge

The German power group E.ON has called Germany’s decision to switch from nuclear to renewable energy “a huge opportunity”, only weeks after demanding billions in damages from the government for nuclear plant closures.
Despite the criticism made over Chancellor Angela Merkel’s decision to phase-out nuclear power by 2022, and not 2036 as agreed last year, E.ON said that it was time for power companies to “move on and look to the future.”
Johannes Teyssen, E.ON’s CEO, said: “Germany will become a laboratory for the accelerated switch to renewable energy. E.ON will position itself in this process, and then take what it learns out into the world.
“The switch to renewables is a fact. This is a huge opportunity to develop new technologies and business models.”

He added electricity storage and smart networks would be areas of interest along with renewable energy power generation.

See related story: RWE to sue over German nuclear plant closures

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