E.ON surprise grid offer bolsters EU liberalisation hopes

The European Commission has won an important victory in its crusade against former energy monopolies when German energy giant E.ON offered to sell-off its high voltage electricity grid to settle ongoing EU antitrust inquiries. In a statement on Thursday (28 February), E.ON said it "proposes to commit to sell its electricity transmission system network to an operator which would have no interest in the electricity generation andor supply businesses".The surprise offer would effectively ...

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