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50. Redefining Utilities' strategies in the Electric Decade (with E.ON at Eurelectric Power Summit 21) - Redefining Energy Podcast

image credit: Credit: Redefining Energy / Eurelectric

Laurent Segalen's picture
CEO Megawatt-X

Laurent is a Franco-British financier, founder of Megawatt-X, the London-based global platform for Renewable Energy Assets. For the past twenty years, Laurent has been trading and managing...

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Episode 50 of the Redefining Energy podcast

“Sorry, I’m getting emotional when it comes to smart meters”. Part of Eurelectric’ s Power Summit 2021, Gerard Reid and Laurent Segalen had a great conversation with Dr Leonhard Birnbaum, the new CEO of E.ON.

E.ON is a massive German Utility that has spent the last decade (aka “the lost decade”) selling its coal plants, exiting from nuclear and swapping assets with ex rival RWE. After this reinvention, E.ON can now face the 2020’s with a strong balance sheet and a clear strategy. How to make the most of its two main businesses, retail and networks? What is the impact of digitisation (EV charging, smart meters) on its revenue model? Will it have to adopt a more aggressive strategy than just deleveraging and distributing dividends? To summarise: is E.ON going to be a prey or a predator?

Dr Leonhard Birnbaum faces all our questions with humour, humility, and comes up with a clear vision for his company.

We would like to thank Kristian Ruby and the talented team of Eurelectric for organising the debate.

We thank our partner Aquila Capital for supporting the show -


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Matt Chester's picture
Matt Chester on May 17, 2021

Important topic-- as has become common to say now, we are in the definitive decade when it comes to climate action, and that of course translates to being perhaps the most important decade ever for utility leaders. How they respond, step up, and innovate will set the pace for the rest of the century

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