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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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It will upgrade its energy distribution networks in its European markets and also in Turkey and make them smarter so that customers can take advantage of new products and services in areas such as energy efficiency and distributed generation. New setup to be implemented by 2016. Shareholders Meeting in 2016. In 2014 and 2015 E.ON

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. Electric bus (e-bus) sales are the second-largest category, although annual investment in the segment has decreased from $21 billion in 2016 to $11 billion in 2020. billion for the 2.5GW Dogger Bank project in the UK North Sea.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The new reality is a much more challenging future in terms of planning, financing and predictability. E7 economies—the BRICs (Brazil, Russia, India and China), and Indonesia, Mexico and Turkey. More radical and disruptive policy reactions in the medium term could lead to high carbon assets being stranded.