The strategy of European energy utilities

After a relatively quiet period, the concentration movement in the energy sector is growing up again. What will be the limit of this dynamics? What will be tomorrow's European energy actors? Will it be a mix of big groups, medium-size and small companies with a specialized activity like today, or only big groups with multi-energy supply and production activities which will directly supply the end-users? What is the provisions foreseen by such groups to ensure the security of supplies? What are the synergies in terms of size and/or multi-energy offers? Five participants and a journalist have debated these questions at this round table. (J.S.)