Big claims from the CEO of a major European utility often make headlines, especially so when doused in jeopardy. Recent statements from Ignacio Galan, the man at the helm of Spanish giant Ibedrola, that ‘Enron-style collapses’ could be around the corner in the renewables industry were certainly noticed. But how much of this is true, and how much could be attributed to a large incumbent trying to scare smaller, newer companies away from the sector?