Transitioning to sustainable energy by incumbent utilities: insights from M&As, alliances, and divestments

Eva Niesten; Guillermo Pereira; Jonatan Pinkse

doi:10.1093/icc/dtad074

Transitioning to sustainable energy by incumbent utilities: insights from M&As, alliances, and divestments

Eva Niesten, Guillermo Pereira, Jonatan Pinkse

IMP Innovation, Strategy and Sustainability

Research output: Contribution to journal › Article › peer-review

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Abstract

Energy utilities play an important role in transitioning to a sustainable energy industry. Data on 8967 transactions by 19 European energy utilities from 1990 to 2019 illustrate when and how utilities invest in sustainable resources and divest traditional resources such as fossil-fuel plants. Utilities transitioning to sustainable energy have greater financial resources and experience with sustainability, are publicly owned, and access sustainable resources of international and inter-industry partners. Utilities adopt a diversified strategy of balancing sustainable and traditional resources.

Original language	English
Article number	dtad074
Journal	Industrial and Corporate Change
DOIs	https://doi.org/10.1093/icc/dtad074
Publication status	Published - 11 Dec 2023

Keywords

L2 - Firm Objectives
Organization
Q4 - Energy
O3 - Innovation; Research and Development
Technological Change
Intellectual property rights

Research Beacons, Institutes and Platforms

Manchester Institute of Innovation Research

Access to Document

10.1093/icc/dtad074

Transitioning to sustainable energy by incumbent utilities in pressAccepted author manuscript, 2.49 MBLicence: CC BY

Cite this

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