Engineering Possibilities Versus Practical Implementation: Utility Portfolios and Business Models
Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.


A “dark horse” is defined as a little-known entity that emerges to prominence in the face of competition — a contestant that seems unlikely to succeed. I borrow the term from a conversation last week, wherein India was referred to as the dark horse in the global race to go solar.
We’ve made great progress with renewable energy — but from an almost zero base we still have a long way to go. Fortunately, the path is clear. California is already over 12 percent with a combination of hydroelectric, wind and solar (unfortunately not much hydro this year). Getting to 50 percent only requires the deployment of existing technology. But can we get to 100 percent?