Albioma : une mise en péril des objectifs climatiques et d’autonomie énergétique en Outre-mer - Reclaim Finance

Reclaim Finance criticizes Albioma's plan to convert the Bois-Rouge and Le Gol power plants on Réunion Island to 100% biomass. The organization argues that the project would increase greenhouse gas emissions, rely on unsustainable imports of wood pellets from the US or Southern Africa, and undermine the 2030 energy autonomy goal for French overseas territories. It calls on French financial institutions, including Crédit Agricole, BNP Paribas, and Société Générale, to push Albioma toward a genuine coal exit and the adoption of sustainable renewable energy instead of 'false solutions' like industrial biomass.

• Albioma intends to convert two cogeneration plants on Réunion Island—Bois-Rouge (108 MW) and Le Gol (122 MW)—from a mix of 90% coal and 10% bagasse to 100% biomass.
• The conversion to biomass is projected to increase greenhouse gas emissions, as solid biomass electricity production can emit 3% to 50% more CO2 than coal production.
• The project would require importing approximately 900,000 tonnes of pellets annually from the United States or Southern Africa, as local biomass on Réunion can only cover 5% to 30% of needs.
• The reliance on imported biomass contradicts the 2015 energy transition law's goal of achieving energy autonomy for French overseas territories by 2030.
• Numerous French financial institutions have supported Albioma's biomass transition, including Crédit Agricole (which provided 40% of general financing between 2018 and 2020), BPCE, Société Générale, Crédit Mutuel, BNP Paribas, Natixis, BpiFrance, and the CDC.

APA

admin (2021). Albioma : une mise en péril des objectifs climatiques et d’autonomie énergétique en Outre-mer - Reclaim Finance. Reclaim Finance. https://reclaimfinance.org/site/2021/03/19/albioma_une_mise-en-peril-des-objectifs-climatiques-et-dautonomie-energetique-en-outre-mer/

Chicago

admin. Albioma : une mise en péril des objectifs climatiques et d’autonomie énergétique en Outre-mer - Reclaim Finance. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/03/19/albioma_une_mise-en-peril-des-objectifs-climatiques-et-dautonomie-energetique-en-outre-mer/.

Wikipedia

{{cite press release |last1=admin |title=Albioma : une mise en péril des objectifs climatiques et d’autonomie énergétique en Outre-mer - Reclaim Finance |publisher=Reclaim Finance |date=19 March 2021 |url=https://reclaimfinance.org/site/2021/03/19/albioma_une_mise-en-peril-des-objectifs-climatiques-et-dautonomie-energetique-en-outre-mer/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021albioma, author = {admin}, title = {{Albioma : une mise en péril des objectifs climatiques et d’autonomie énergétique en Outre-mer - Reclaim Finance}}, publisher = {Reclaim Finance}, year = {2021}, month = mar, url = {https://reclaimfinance.org/site/2021/03/19/albioma_une_mise-en-peril-des-objectifs-climatiques-et-dautonomie-energetique-en-outre-mer/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }