“EnBW restructuring: A new phase of the Energiewende”

The Energiewende enters a new phase with more emphasis on new technologies and e-mobility – driven by citizens – than on the nuclear exit and the switch to renewable energies, German utility EnBW’s CEO, Frank Mastiaux, tells Bernd Freytag and Susanne Preuss for Frankfurter Allgemeine Zeitung. “That offers a completely different landscape of opportunities and risks for the company,” says Mastiaux. EnBW will transform from a simple energy supplier to a provider and operator of infrastructure – even beyond the energy sector, write Freytag and Preuss. In 2016, EnBW for the first time earned more with the power grid and renewable energies than with conventional generation.

Read the article in German here.

For background read the CLEW dossier Utilities and the energy transition.