E.ON

What is E.ON?

E.ON is an international energy company that focuses on innovative customer solutions, renewable energy, and intelligent energy networks. The diversified business consists of renewables, conventional and decentralized power generation, natural gas, energy trading, retail, and distribution. They supply around 26 million customers with energy. With their broad energy mix, they own almost 68 GW generation capacity and they are one of the world's leading renewables companies. They have an ambitious objective to make energy cleaner and better wherever they operate. With their strategy cleaner & better energy, we're transforming E.ON into a global provider of specialized energy solutions which will benefit their employees, customers, and investors alike. The development of technologies and regulatory boundary conditions, as well as the changes in customer behavior, are main drivers for a sustainable transformation of the energy system. It is still unclear how the future energy system might look like, but E.ON assumes the following trends: Changes in power generation - increasing additions in renewable capacity, decrease in generation and increase in flexibility for conventional power plants. "Decarbonization" of heating and transport - operation of electrical components which are supplied by increasingly CO2 free generated electricity (e-vehicles, heat pumps) Decoupling of generation and consumption - the consumption of electricity will be synchronized with generation to some extent via storage and demand side management. Distributed energy - the share of distributed generation will grow, e.g. photovoltaics, micro CHP (combined heat and power), which can even serve as reserve margin in times of low renewable electricity production. Integrated infrastructure - an integrated infrastructure for information and communication will be the backbone of such a distributed energy system and links together the various components in residential areas, offices, and industry. E.ON was founded on June 16, 2000, and is headquartered in Essen, Nordrhein-Westfalen, Germany.