'It's a challenge for utilities to move from assets to customers'

The energy transition is creating significant challenges for utilities on two fronts — generation and sales. Their century-old business model of generating baseload thermal power and selling it to customers is changing to a world based on variable renewables and distributed generation.

António José Coutinho, executive board member at EDP — one of the world’s leading renewables players and a pioneer in the energy transition — tells Leigh Collins how the Portuguese utility is facing up to this brave new world.