E.On has seen a 12% decline in half-year earnings, with its customer solutions unit being the hardest hit as earnings halved.
E.On has ramped up its renewable offering, committing to providing 100% renewable energy to all of its residential customers.
Innogy said it was seeking closure on the “unusual situation” of being in the middle of the RWE/E.On asset swap, while its npower retail division continued to suffer at the hands of a “persistently poor” UK market.
Centrica and E.On, two of the UK’s largest energy retailers, have lamented the challenging UK retail market in trading updates issued this morning.
Energy suppliers in the UK have thrown down the gauntlet to Shell, challenging its newly-rebranded energy supply outfit to “bring it on”.
E.On has reported strong performance from its renewables and networks divisions, but cited “unrelentingly fierce competition” in European supply markets for sliding returns from its solutions arm.
The Competition and Markets Authority (CMA) has launched an inquiry into the so-called ‘mega merger’ between RWE and E.On.
Maturation within the UK’s electric vehicle charging and energy sphere is starting to accelerate, driven by new partnerships and increasingly innovative offerings.
E.On has penned a strategic partnership with vehicle leasing giant ALD Automotive to develop electric mobility, financing and energy services.