Heatwave Slams Europe Straining Energy Supply, E. On CEO Says As the continent bakes in its fifth heatwave of the summer, a perfect storm is brewing in the energy markets. E.
On CEO's comments on Bloomberg's "The Opening Trade" paint a dire picture: massive price hikes, stress on customers, and short term distortions are just around the corner.
The Heat Is On Europe's energy supply is being pushed to its limits by an unprecedented combination of factors.