ENGIE sur la voie de l’électricité (non) décarbonée

Reclaim Finance criticizes ENGIE's Climate Plan for failing to commit to a non-expansion of fossil fuels, specifically noting LNG contracts extending beyond 2040. The analysis argues that ENGIE's reliance on technologies like hydrogen and CCUS, combined with insufficient renewable energy growth, risks locking the company into fossil infrastructure and missing net-zero targets before 2045.

• ENGIE has not committed to stopping fossil fuel expansion and continues to invest in new fossil assets, with Liquefied Natural Gas (LNG) supply contracts extending past 2040.
• The company's climate strategy relies on technologies that are considered immature, not scalable, or incompatible with a just transition, specifically hydrogen, biomethane, and Carbon Capture, Utilization, and Storage (CCUS).
• ENGIE's net-zero targets are set for 2045, which is later than the 2035/2040 timeline suggested by the IEA's NZE scenario, and the plan contains uncertainties regarding methane emissions and absolute emissions across value chains.

APA

Martin, L. (2024). ENGIE sur la voie de l’électricité (non) décarbonée. Reclaim Finance. https://reclaimfinance.org/site/2024/04/16/engie-sur-la-voie-de-lelectricite-non-decarbonee/

Chicago

Martin, Léo. ENGIE sur la voie de l’électricité (non) décarbonée. Reclaim Finance, 2024. https://reclaimfinance.org/site/2024/04/16/engie-sur-la-voie-de-lelectricite-non-decarbonee/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=ENGIE sur la voie de l’électricité (non) décarbonée |publisher=Reclaim Finance |date=16 April 2024 |url=https://reclaimfinance.org/site/2024/04/16/engie-sur-la-voie-de-lelectricite-non-decarbonee/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2024engie, author = {Martin, Léo}, title = {{ENGIE sur la voie de l’électricité (non) décarbonée}}, publisher = {Reclaim Finance}, year = {2024}, month = apr, url = {https://reclaimfinance.org/site/2024/04/16/engie-sur-la-voie-de-lelectricite-non-decarbonee/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }