Engie

IEEFA Research

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

Top debt and equity investors committed over $300 billion in 2020 into building renewable energy capacity

19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Global investors are accelerating their […]

IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity

IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity

The key domestic and international institutions driving renewable energy growth in India

16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). […]

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

Shutdown would be in line with corporate responsibility commitments, prevent rivals from gaining market share, and signal that utility giant “is part of the solution” to Germany's coal phase-out plans

Sept 4, 2018 (IEEFA) — The French multinational energy company Engie would be better off closing its three coal-fired plants in Germany than selling them, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The authors of the report see Engie best protecting its position in the German electricity […]

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IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels
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IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

Top debt and equity investors committed over $300 billion in 2020 into building renewable energy capacity

19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Global investors are accelerating their […]

Sustainability metrics midway through 2021 already surpassing 2020 totals

Bloomberg ($): We’re halfway through 2021, and it’s already proving to be a bumper year for sustainability. Almost every major activity in sustainability is above last year’s trend lines: Corporations are making more pledges to procure clean energy. Financial markets are issuing more sustainable debt. And investors are putting more money into environmental, social, and […]

July 9, 2021 Read More →

Engie to build 1.5GW of solar, wind and battery projects in Chile

PV Tech: Engie Chile has been awarded rights to develop two hybrid projects in Chile that will combine solar, wind and battery storage and have a combined capacity of 1.5GW. The concessions to the projects, which will be constructed in the northern Antofagasta region, were secured by the company through a public tender process carried […]

July 1, 2021 Read More →

IEEFA: New U.S. LNG export projects face quartet of stiff headwinds

Glut, rising costs, fickle demand and Qatar threaten U.S. LNG rebound

June 7, 2021 (IEEFA)—Like many businesses, the U.S. liquefied natural gas (LNG) industry spent most of 2020 in a state of financial quarantine. As COVID-19 spread through gas-importing nations in Europe and Asia, global LNG demand fell, prices plummeted—and major U.S. liquefaction facilities stood mostly idle for the summer, their capacity neither needed nor wanted. […]

Offshore wind power to be brought to former Massachusetts coal plant

Renewables Now: Mayflower Wind Energy LLC will bring offshore wind to Brayton Point, the site of a former coal power plant, in Somerset, Massachusetts, using transmission assets developed by Anbaric Development Partners LLC. The two companies said on Thursday they have signed an agreement to this end. Brayton Point will serve as a connection point […]

June 1, 2021 Read More →

Carbon-burning power plants launching despite net-zero promises

Bloomberg ($): The red-and-white flue stacks of the James M. Barry Electric Generating Station tower over the Mobile River, belching steam into the Alabama sky. The sprawling complex of coal and natural gas plants already spews more than 7.5 million metric tons of carbon dioxide-equivalent every year. Now it’s about to get even bigger, with […]

May 24, 2021 Read More →

Engie unveils new corporate strategy including focus on renewables

S&P Global Market Intelligence ($): After a long search for focus and direction, and five months since its new leader took charge, French multi-utility Engie SA presented a new corporate strategy. The result is a four-pronged group — slimmed down from 25 business units — focused on renewables, energy solutions, networks, and thermal and supply. […]

May 20, 2021 Read More →

Chile accelerates deadline to shut down coal-fired power plants

S&P Global Platts ($): Chile plans to close half of its coal-fired power plants by 2025, 15 years ahead of a deadline to eliminate the fossil fuel from its power mix, Energy Minister Juan Carlo Jobet said April 28. “We are continuing to consolidate the age of clean energy and leaving behind the coal age,” […]

April 29, 2021 Read More →

EDP, Engie team up with Terna Energy to develop floating offshore wind in Greece

ReNews.biz: The EDP Renewables and Engie offshore wind joint venture Ocean Winds has signed a collaboration agreement with Terna Energy to co-develop floating projects off the coast of Greece. The partners said they will identify the most suitable areas and develop a pipeline of projects in excess of 1.5GW with a consistent development roadmap rolled […]

March 3, 2021 Read More →

Engie to close its remaining coal plants by 2027

S&P Global Market Intelligence ($): Engie SA will close its last coal plants in Europe, Africa and Latin America by 2027, part of the company’s ongoing quest to simplify its business and put a stronger focus on renewable energy. The French utility’s new CEO, Catherine MacGregor, said Feb. 26 that Engie would get rid of […]

February 26, 2021 Read More →