Greenpeace: Failure to make clean energy shift will cost Europe's utilities billions

Will Nichols
clock

Campaign group says over-investment in fossil fuels will ensure profits continue to fall for largest energy companies

Europe's 10 largest power companies are set to lose billions of euros after over-investing in fossil fuels rather than renewable energy, according to new Greenpeace research. In a paper to be published...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

IEA: No sign global energy-related methane emissions fell in 2025

IEA: No sign global energy-related methane emissions fell in 2025

Annual stocktake argues 70 per cent of methane emissions from fossil fuels could be abated with existing technologies and practices

Stuart Stone
clock 04 May 2026 • 5 min read
EV cost tipping points, Iran War 'stagflation' fears, and did the government 'break the link' between gas and power prices?

EV cost tipping points, Iran War 'stagflation' fears, and did the government 'break the link' between gas and power prices?

BusinessGreen Editor’s Briefing: May part one

BusinessGreen staff
clock 01 May 2026 • 2 min read
Study: British public concerned at prospect of reliance on US gas

Study: British public concerned at prospect of reliance on US gas

Three in five people said the UK should prioritise transitioning to renewable energy and net zero technologies to meet its future energy needs, as US imports rise 40 per cent in 2026

clock 01 May 2026 • 4 min read