Is this AGL and Origin’s dark and difficult future?

One of the world's largest power utilities, E.ON, has announced it will be offloading its conventional energy business to focus on renewables and distributed energy solutions. It carries ominous signs for Australia's power companies about how technology and policy are transforming energy markets.

One of the giant utilities of the European energy market and Germany’s largest utility, E.ON, has announced that due to "dramatically altered global energy markets, technical innovation, and more diverse customer expectations" the company will be offloading its troubled conventional power generation and oil & gas business, to instead focus on renewable energy, energy efficiency and energy management services, and power networks.

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