A new order in the German energy industry
If the extensive deal between E.ON and RWE goes through, 鈥渙ld rivals" will "become partners under the pressure of the energy transition鈥� and create 鈥渁 new order in the German energy industry鈥� by organising a clear 鈥渄ivision of labour鈥�, Helmut B眉nder writes in an opinion piece for Frankfurter Allgemeine Zeitung. E.ON CEO Johannes Teyssen 鈥渉as chosen the risk-free path鈥� by putting the focus on grids, where government regulation ensures dependable revenues, B眉nder writes. RWE fully bets on power production from conventional sources and increasingly from renewables, but the company will be able to rely on the 鈥渧ery calculable鈥� income from its minority stake in E.ON, B眉nder writes.
Find the opinion piece in German .
For background, read the 威力彩玩法 dossier Utilities and the energy transition and the factsheet Germany鈥檚 largest utilities at a glance.