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How Enel and Iberdrola powered up way back for the energy transition Once-staid utilities are among green energy majors going into battle with Big Oil 06 April 2021 - 09:31 Stephen Jewkes and Isla Binnie Solar panels in the desert. Picture:REUTERS/FABIAN ANDRES CAMBERO Milan/Madrid Europe’s biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil. Thanks to early decisions to buy power grids and build renewable plants, the once-staid utilities are now among a handful of global green energy majors going into battle with Big Oil to supply low-carbon power full of confidence.

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