ENGIE is strengthening its portfolio of generation and storage assets to ensure grid stability at all times and maximize the potential of renewable energy.
While the growing share of renewable electricity—especially wind and solar—helps reduce CO2 emissions, their dependence on weather conditions creates a rising need for flexibility to maintain real-time grid balance.
This is why, alongside continued investments in renewable energy, ENGIE is developing low-carbon thermal capacities and electricity-storage solutions that meet this requirement.
This expansion is fully aligned with the Group’s decarbonization goals: phasing out coal, improving the efficiency of existing assets, scaling up hydropower and battery storage, and replacing fossil gas with green gases to fuel its plants.
Flexibility in generation assets is not the only way to support grid resilience. Demand can also adjust to fluctuations in supply. By 2050, nearly two-thirds of Europe’s flexibility capacity will come from demand, according to ENGIE’s decarbonization pathways for Europe.
Our 5 flexibility activities supporting power grids and our customers:
- Thermal power generation
- Battery storage
- Pumped storage hydropower
- Renewable hydrogen production
- Demand side electricity management
ENGIE’s main objectives for 2030
- Phase out coal worldwide by 2027.
- Advance the decarbonization of our gas-fired plants through:
- the use of green gases (biomethane, green hydrogen) to replace fossil fuels;
- the deployment of CCUS (Carbon Capture, Utilization and Storage).
- Reach 95 GW of renewable and storage capacity.
