Engie s’enfonce dans les fausses solutions

Reclaim Finance argues that Engie is failing its climate ambitions by converting coal power plants to gas and biomass rather than transitioning to sustainable renewables. The document highlights specific conversions in Chile and a proposed gas project in Italy as evidence of a lack of strategic vision, while noting that Engie's current SBTi-certified target of 2°C is insufficient compared to the required 1.5°C trajectory.

• Engie has confirmed that 0.7 GW of its electricity production capacity in Chile will be converted to gas or biomass by 2025, with two plants built in 2011 moving to biomass and one built in 2018 moving to gas. An additional 0.8 GW of capacity in Chile is scheduled for closure by 2025.
• The document argues that converting to gas is misleading because Engie only accounts for combustion emissions and ignores the full value chain, particularly as the gas would likely be shale gas imported from the United States or Argentina.
• Engie intends to convert its currently inactive coal plant in Vado Ligure, Italy, to gas, which the document describes as effectively building a new gas plant rather than a conversion.
• Engie's broader coal exit timeline involves leaving coal by 2025 in European countries and by 2027 in the rest of the world, though the company currently operates 10 coal plants totaling 4 GW across Portugal, Morocco, Chile, Brazil, and Peru.
• The document claims Engie's carbon neutrality strategy is based on a 2°C target certified by the SBTi, which is deemed insufficient compared to the necessary 1.5°C objective.

APA

admin (2021). Engie s’enfonce dans les fausses solutions. Reclaim Finance. https://reclaimfinance.org/site/2021/04/28/engie-senfonce-dans-les-fausses-solutions/

Chicago

admin. Engie s’enfonce dans les fausses solutions. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/04/28/engie-senfonce-dans-les-fausses-solutions/.

Wikipedia

{{cite press release |last1=admin |title=Engie s’enfonce dans les fausses solutions |publisher=Reclaim Finance |date=28 April 2021 |url=https://reclaimfinance.org/site/2021/04/28/engie-senfonce-dans-les-fausses-solutions/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021engie, author = {admin}, title = {{Engie s’enfonce dans les fausses solutions}}, publisher = {Reclaim Finance}, year = {2021}, month = apr, url = {https://reclaimfinance.org/site/2021/04/28/engie-senfonce-dans-les-fausses-solutions/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }