Wondering why EON and RWE split themselves into 2? Here’s a great analysis by a finance guy on why these 2 big German utilities split, and the lessons for everyone else.
The main message is that over the last decade the European energy market has become 2 markets, a current market for low cost power (and sunk assets) and future market potential for the radical world of decentralised energy. The big corporates were unable to manage the tensions between the markets, eg how do you plan for and operate a major coal plant with a 30 year life, and simultaneously manage a series of investments in app companies trying to help consumers understand their energy profile, and reduce their energy bill.
If you have a half hour to spare listen to the podcast.