European power utilities: under pressure?
European power utilities: under pressure? / Koen Groot, Clingendael International Energy Programme, EU Energy Policy blog, 22/01/2014
The European power sector is challenged by a series of developments. These range from planned changes to the institutional environment and the functioning of the market, to unforeseen external shocks like the decline of demand as a result of the economic and financial crisis and the German decision to completely phase out nuclear energy after all. The challenges also include the unexpected results of foreseeable developments, such as the impact of renewable energy sources (RES) on business models terms of profit margins and system requirements…