dramatically changed for the worse, because of the 2008 recession. Europe wide there has been a drop in demand for power resulting in lower wholesale energy prices. Also in Europe’s largest market Germany, the government has made significant changes its Energiewende, Germany's push to abandon nuclear energy and promote renewable sources.
Porter’s diamond Porters and his team studied 100 industries in 10 nations to analyze the reason for a nation’s success in a particular industry. The reason for this is because some nations succeed and other fails in international competition. Porter’s speculate that four major attributes of a nation shape the environment in which local firms compete and these attributes promote or slow down the creation of competitive advantage. (Hill C. W., 2011) These attributes are: • Factor endowments • Demand