"Eon, Germany’s biggest utility by sales, is reviewing its earnings forecasts for 2013 after warning that gas-fired power stations have become “barely profitable to operate” because of weak economic conditions and a surge in renewable energy. "
The interesting question for me still is, why does EON and the other three of the "Mighty Four" (G4) do not have a larger share of renewable energy (=profit); amost 30% of the electricity net production comes from reneables, the G4 have only a share <7%. Could it be that EON is a nice example of faulty strategy, of a organisation that was used to a simple business model and then became lazy?
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