Leonhard Birnbaum

EON Boosts Spending on Energy Transition as Europe Electrifies

EON Boosts Spending on Energy Transition as Europe Electrifies

EON SE ramped up investments more than 20% in the first half as the German utility expands a massive network of cables that’s helping to drive the energy transition. As one of Europe’s largest distribution-grid operators, EON plays a key role in the economy’s electrification. The continent aims to be climate-neutral by the middle of the century, an endeavor that requires a huge build-out of grids so that millions of clean-energy generators can be connected. Source link lol
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