European Firms Show How to Transition into a Clean Energy Business

Two European energy companies are offering a practical model for how fossil-fuel businesses can adapt to clean power, and their combined experience reveals both the scale of what’s possible and the difficulty of pulling it off. Danish firm Ørsted and Spanish company Moeve have each undergone deep structural changes, reconceiving their identities as organizations rather than stopping at changes to their product mix.

With other entities like GeoSolar Technologies Inc. operating as renewable firms from the get-go, the future of the energy transition is taking hold in different ways, and it is just a matter of time before all sectors see their use of fossil fuels dwindle as&

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