Network operators should get involved soon in blockchain technology. If they miss the digital revolution, it will threaten their business model in the longer term and they could end up becoming pure network asset owners without operational responsibilities, writes Marius Buchmann of Jacobs University.
Energy Post 28th June 2018 read more »
It came as a great surprise to me some weeks back that Germany’s biggest utility E.ON reached an “agreement in principle” with its biggest competitor RWE to acquire its grid and retail business Innogy via a wide-ranging “exchange of assets,” including RWE taking over the renewables and other power generation businesses of E.ON. The result, if the various competition authorities and regulators allow the deal to take place, will be the biggest European grid company and energy retailer in the form of E.ON, with RWE becoming the second biggest power generator in Europe and third biggest owner of renewable assets. In addition, as part of the deal, RWE will keep a minority stake in E.ON which ties the companies together.
Energy Post 26th June 2018 read more »