Sunday 14 November 2010

Micro CHP solution to E.ON Group Strategy

What is it that the CEO of Europe’s leading integrated energy company knows that you don’t?

On Wednesday this week, energy giant E.ON announced its new group strategy. Along with their plans for expansion into new markets in Russia and North America, their CEO, Dr Johannes Teyssen made particular mention of their ambitions to be market leaders in the energy world, utilising the best available technologies. Whilst restating E.ON’s long held belief in the need to consider a diversified range of energy solutions, he singled out “micro CHP for single family homes” as a key differentiated product within E.ON’s technology portfolio. He even went so far as to say that the Virtual Power Plant, incorporating micro CHP, was the way forward.

“Our objective is to do a better job (as) an expert provider of energy solutions…innovative solutions like micro CHP units…and smart grids that have the ability to combine distributed generation units to form virtual power plants.”
It is probably fair to say that the CEO of an energy company with a €64 billion turnover does not take a fanciful approach to investments in energy technology. The fact that E.ON, seen by many as one of the old energy dinosaurs, exclusively promoting “big” energy solutions such as coal and nuclear has now endorsed micro CHP as a key component of their strategy should tell us something about the potential for this technology.

Clearly micro CHP is no longer a dim and distant aspiration; it is a technology whose time has come and now forms an integral component of at least one major energy player’s strategic generation portfolio.

So, if you want to understand why E.ON believes that micro CHP is the future, take a look at this book. A free preview is available, but you will need to buy it to get the full story. They say that if you think information is expensive…try ignorance.


For the full text of Dr Teyssens speech and press release, click here

For more information on E.ON's new strategic focus, click here

For more information on micro CHP, click here

For details of the conference including micro CHP Virtual Power Plant, click here