Engie

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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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Engie, Neoen to build 1GW, subsidy-free solar project in France

Greentech Media: French utility Engie and developer Neoen are planning to invest about €1 billion ($1.2 billion) to build a 1-gigawatt solar-powered low carbon energy park in France, comfortably breaking records for Europe’s largest solar project and incorporating green hydrogen production to supply transportation and energy needs. The Horizeo project in western France’s Nouvelle-Aquitaine region […]

January 12, 2021 Read More →
IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs
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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 […]

France’s Engie pulls out of $7 billion deal to import U.S. LNG

E&E News: A French utility won’t move forward with a $7 billion deal to import liquefied natural gas from Houston-based NextDecade Corp., roughly two weeks after contract negotiations paused over reported concerns about the methane emissions footprint of U.S. natural gas. “ENGIE decided not to pursue commercial discussions with NextDecade on this gas supply project,” […]

November 4, 2020 Read More →

Engie expands in Australia, buys development rights for 420MW wind farm

Renew Economy: Engie, the world’s biggest independent power producer, is reviving its push into the Australia renewable energy market with the purchase of development rights to the $750 million Hills of Gold wind project in northern New South Wales. Engie will take on the ongoing development of the 420MW wind farm, the largest wind project […]

October 30, 2020 Read More →

Engie begins construction of two solar projects in Burkina Faso

PV Magazine: Burkina Faso’s Ministry of Energy has announced the start of construction of two solar power plants with a combined generation capacity of 30 MW. The solar parks, with capacities of 20 MW and 10 MW, are planned for Koudougou, in Boulkiemdé province, and Kaya, in Sanmatenga, respectively. The Burkinabe government will finance the […]

September 22, 2020 Read More →

France’s Engie planning substantial investments in U.S. renewable energy, no new gas plants

Greentech Media: Engie is on the lookout for more clean energy acquisitions in the U.S., where the company plans to ramp up its investments into grid-scale batteries, hybrid renewables projects and offshore wind, says North America chief Gwenaëlle Avice-Huet. With a long history in fossil fuels and nuclear energy, Engie has pivoted dramatically toward renewables […]

May 13, 2020 Read More →

Europe’s green utilities outperforming competitors in current downturn

Bloomberg: Europe’s green energy companies are emerging as shelter for investors in market fallout from the coronavirus. Utilities in the region are holding up better than other industries in the health crisis. While the Stoxx 600 Index of European shares fell 21% since the start of the year, the utilities component of that measure has […]

April 10, 2020 Read More →

European utilities continue their exit from coal-fired electricity generation

S&P Global Market Intelligence ($): Utilities in Europe are continuing to move on from coal power after a challenging price environment led to billions in write-downs and a wave of early closures in 2019, with government phaseouts set to cut down the list of remaining power plants even further in the coming years. Francesco Starace, […]

March 30, 2020 Read More →

Tractebel to build 30MW floating solar project in Brazil

PV Magazine: Engineering firm Tractebel, a unit of French energy giant Engie, will develop the basic design of three floating PV arrays with 30MW of capacity at the 52.2MW Batalha hydropower project, which is owned by Brazilian state-run power company Eletrobras Furnas. The Batalha Photovoltaic Plants (UFVs) I, II and III will feature 90,900 solar […]

February 26, 2020 Read More →

World’s largest floating wind turbine begins generating power off the Portuguese coast

Greentech Media: The world’s largest floating wind turbine has begun generating power off the coast of Portugal. The WindFloat Atlantic project connected the first of three 8.4-megawatt MHI Vestas turbines planned for installation. The second turbine is on site for connection. WindFloat Atlantic is being developed by the Windplus consortium, comprising Portuguese utility EDP Renewables […]

January 3, 2020 Read More →