EON switches all U.K. customers to 100% renewable power

By
REW_UK_EON_100percent

By Jeremy Hodges, Bloomberg

EON SE is now supplying all of its 3.3 million residential customers in Britain with 100% renewable electricity, the first of the U.K.’s “Big Six” utilities to do so.

Clean power is available on all its tariffs at no extra cost with most of the renewable energy coming from its own wind, biomass and solar sources, the utility said in a statement. EON operates and owns more than 20 onshore and offshore wind farms across the U.K.

EON switched household consumers to clean energy in a bid to stem a customer exodus to smaller rivals such as Ovo Energy Ltd. and Bulb Energy Ltd. that have offered 100% renewable tariffs at cheaper rates for some time.

The move may also help EON differentiate itself in an increasingly competitive market. In March, Royal Dutch Shell Plc made an aggressive move into the British retail business by offering clean energy tariffs through Shell Energy in its bid to become the world’s biggest power company.

“Climate change is the defining issue of our era, and one that energy customers are increasingly concerned about,” said Michael Lewis, EON U.K.’s chief executive officer. It’s a “change at a scale never seen before in Britain.”

Untitled Document

Recent Articles

Largest Cherokee County wind farm now under construction

After a 23-year wind farm construction hiatus, work on a 2nd Cherokee County wind farm has begun. Developed...

Nine solar projects go live in Georgia

Duke Energy Renewables, a subsidiary of Duke Energy, announced that nine solar projects developed with SolA...

Can Italy strike twice?

Italy’s National Energy Strategy aims to increase wind and solar power’s share of gross final energy consum...

Lekela reaches financial close for its West Bakr Wind project

Lekela announced that it has reached financial close on its first wind project in Egypt, West Bakr Win...

Bernie Sanders’ ‘Green New Deal’ aims to have renewables power homes by 2030

Bernie Sanders wants renewable energy to power U.S. homes and vehicles by 2030 -- and he wants to do it by ...

EVENTS

There is no current content available.

Copyright 2018 Bloomberg

PAST MAGAZINE ISSUE

05/01/2016
Volume 19, Issue 6

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today: