Global Energy Giants Forced to Adapt to Rise of Renewables

Onshore wind and solar farms at Grischow in the north-east of Germany. Photograph: Thomas Trutschel/Photothek via Getty Images

Companies face world where falling cost of solar and wind power pushes down prices

theguardian.com - by Adam Vaughan - March 17, 2018

Seven years after an earthquake off Japan’s eastern coast led to three meltdowns at the Fukushima Daiichi nuclear power station, the aftershocks are still being felt across the world. The latest came last Saturday when E.ON and RWE announced a huge shakeup of the German energy industry, following meetings that ran into the early hours.

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