E.ON: own hydrogen division

Energy company E.ON wants to push ahead with setting up a hydrogen business in a separate unit. “We are planning that we build up a separate business, a separate unit, which will take care of this topic full time,” CEO Leonhard Birnbaum said in a conference call with journalists on Tuesday. Then the individual projects should be developed into profitable projects. It will probably take at least three to four years before the business will be profitable, said CFO Marc Spieker. rtr

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