Why did EON and RWE split themselves into 2?

Wondering why EON and RWE split themselves into 2? Here’s a great analysis by a finance guy on why these 2 big German utilities split, and the lessons for everyone else. The main message is that over the last decade the European energy market has become 2 markets, a current market for low cost power […]

Obama pokes a stick in Trump’s wheel: Swede to Chair International Energy Agency

As Renovamus reported was likely a fortnight ago, the job to chair the ministerial meeting of the International Energy Agency (IEA) has gone to the Swedish Energy Minister, Ibrahim Baylan. Both the Swedish government and IEA have made announcements on their websites confirming this today. According to the IEA the ministers meet to discuss the IEAs […]

Huge news: 4 megacities to ban diesel by 2025

The Mayors of Paris, Mexico City, Madrid and Athens have announced that they intend to ban diesel by 2025. This is groundbreaking news that, if implemented, will hasten the demise of the oil industry. That is not to say that the oil industry won’t be around for several decades, but it will be swimming in an […]

Swedish Minister to chair IEA

First the UN Security Council and now the IEA. Sweden is building a very strong position to influence global energy initiatives. According to Dagens Industri, Sweden’s leading business paper,it has been agreed that Ibrahim Baylan (S), the Swedish Minister for Energy, will be appointed chair of the International Energy Agency (IEA). The IEA, with members from 29 member states, works […]