E.ON and RWE just killed the utility as we know it - opinion

The deal to split innogy between E.ON and RWE so each can focus on a different area of the electricity market value chain could herald the end of the traditional model in which utilities offer everything from power production to supply, Chris Bryant writes in a commentary for Bloomberg Gadfly. “The challenges for traditional utilities are myriad, so it makes sense for them to try to simplify where they can,” Bryant says. innogy minority investors, as well as regulators, must still be convinced if the deal is to go through. “If E.ON and RWE can prevail, other utilities may follow,” Bryant writes.

Find the full commentary here.

For background, read the CLEW article RWE and E.ON overhaul power sector - German reactions to innogy deal and the dossier Utilities and the energy transition.