ENGIE veut une nouvelle centrale à gaz : les actionnaires suivront-ils ?

Reclaim Finance criticizes ENGIE for planning a 500 MW fossil gas power plant in Nijmegen, Netherlands, arguing the project is unnecessary given the Netherlands' goal of decarbonized electricity by 2035. The organization claims that ENGIE's promise of 'hydrogen compatibility' is an illusion and warns that the project risks becoming a stranded asset, potentially requiring taxpayer-funded compensation for early closure, similar to previous coal plant exits in the region. Reclaim Finance calls on shareholders, including the French government and private investors like Amundi, BNP Paribas AM, and AXA Investment Managers, to vote against ENGIE's climate plan and management resolutions.

• ENGIE intends to construct a 500 MW fossil gas power plant in Nijmegen, Netherlands, despite the country's objective to achieve fully decarbonized electricity production by 2035.
• The document asserts that a new gas plant is unnecessary for the Dutch power grid because renewable energy—including wind, solar, and hydro—already accounted for 42% of the country's electricity production in 2023, and backup capacity can be provided by grid reinforcement and battery storage.
• Reclaim Finance dismisses ENGIE's claim that the plant will be 'hydrogen compatible' as a myth, stating that green hydrogen is too expensive and inefficient for electricity production compared to wind, solar, and batteries.
• There is a risk that the project will become a stranded asset, leading to taxpayer-funded compensation for early closure, citing precedents where the Dutch state paid RWE 1.4 billion euros and Riverstone 212.5 million euros for coal plant closures.
• The document identifies the French government and private investors Amundi, BNP Paribas AM, and AXA Investment Managers as having previously supported or failed to oppose ENGIE's climate plan that included new gas investments.

APA

Martin, L. (2025). ENGIE veut une nouvelle centrale à gaz : les actionnaires suivront-ils ? Reclaim Finance. https://reclaimfinance.org/site/2025/03/18/engie-veut-une-nouvelle-centrale-a-gaz-les-actionnaires-suivront-ils/

Chicago

Martin, Léo. ENGIE veut une nouvelle centrale à gaz : les actionnaires suivront-ils ? Reclaim Finance, 2025. https://reclaimfinance.org/site/2025/03/18/engie-veut-une-nouvelle-centrale-a-gaz-les-actionnaires-suivront-ils/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=ENGIE veut une nouvelle centrale à gaz : les actionnaires suivront-ils ? |publisher=Reclaim Finance |date=18 March 2025 |url=https://reclaimfinance.org/site/2025/03/18/engie-veut-une-nouvelle-centrale-a-gaz-les-actionnaires-suivront-ils/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2025engie, author = {Martin, Léo}, title = {{ENGIE veut une nouvelle centrale à gaz : les actionnaires suivront-ils ?}}, publisher = {Reclaim Finance}, year = {2025}, month = mar, url = {https://reclaimfinance.org/site/2025/03/18/engie-veut-une-nouvelle-centrale-a-gaz-les-actionnaires-suivront-ils/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }