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Engie wants to overtake EDF in renewable energies

2021-05-20T12:09:14.942Z


The third French energy company wants to relinquish its service activities to have the means to accelerate in this booming market.


Engie does not want to leave the explosion of the global renewable energy market to its Italian, Spanish or even French competitors. The gas group, the third largest energy player in France, intends to surpass EDF by 2030 in this area. Its new general manager, who took office at the beginning of January, Catherine MacGregor, presents this Tuesday morning the variation of the strategic plan unveiled last summer by the chairman of the board of directors, Jean-Pierre Clamadieu. The plan aims to build 80 gigawatts of wind and solar by the end of the decade (the equivalent of 80 nuclear reactors), where the historic electrician is so far aiming for 60 gigawatts - and it's true 100 gigawatts if its uncertain reorganization of

“large EDF”

is endorsed by Brussels.

Engie has 30 GW of renewable energy today.

With the multiplication of carbon neutrality commitments and the energy transition underway, the energy market is undergoing a transformation, which

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Source: lefigaro

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