Heatwave Slams Europe Straining Energy Supply, E.On CEO Says
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As Europe is hit by its fifth heatwave, the continent's largest energy provider joins Bloomberg's Guy Johnson and Tom Mackenzie on 'The Opening Trade'. "We see massive increases in wholesale prices because of the Persian Gulf. We've seen extremely high gas prices putting stress on customers and affordability. Right now we see a very hot summer curtailing output that will lead to short-term distortions. We need to continue but it's stressful." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: ht
Tags: Chief Executive Officer, Climate Change, E.ON AG, Energy, Energy prices, Europe, Guy Johnson, Heatwave, Leonhard Birnbaum, Solar, Tom Mackenzie, danube, drought, power, renewables, rhine, wind
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