T a r g e t s
50 GW of renewable
capacity in 2025
and 80 GW in 2030
Coal phase-out in 2025
in continental Europe
and in 2027 worldwide
CLIMATE OBJECTIVES AND ASSOCIATED ACTION PLAN
ENGIE is committed to being Net Zero Carbon for all its scopes (1, 2 and 3).
Reduce ENGIE’s direct and indirect GHG emission by at least 90% compared to 2017. Then increase carbon sinks to neutralize
the Group’s residual emissionsto ENGIE full value chain.
Tracking the main decarbonization levers between 2017 and 2030
K e y c h a n g e s T a r g e t s p r o g r e s s r e p o r t b e t w e e n 2 0 1 7 a n d 2 0 3 0
2030
2045
The levers of ENGIE’s decarbonization based on medium and long term science-based targets
DEVELOPMENT
OF RENEWABLES
In capacitiesGW@100
ENGIE targets to reach 58 of renewables capacity
in its energy production by 2030 with a target for
commissioning solar and wind power capacity
at 4GW per year on average in 20222025
and 6GW per year in 20262030
CHANGE IN RENEWABLE
ELECTRICITY CAPACITIES
(GW@100%)
RENEWABLE ELECTRICITY
Remove carbon up to the residual
emissions from ENGIE’s activities
in four countries (including Brazil)
and the group's ways of working
Reduce the main sources
of GHG emissions
following a well-below 2°C
trajectory
43 Mt CO
2
eq. linked to
to energy generation
52 Mt CO
2
eq. linked
to the use of products
sold gas sales
10 TWh of biomethane produced
in Europe by 2030
€2.5 bn invested in the network for
biomethane connections by 2030
€3 bn invested in renewable gases
(including e-CH
4
) by 2030
~
30 TWh / year of biomethane sold
by ENGIE in B2B and B2C services
in 2030
50 TWh / year biomethane connected
production capacity in France in 2030
BIOMETHANE
4GW of renewable hydrogen
production capacity through
electrolysis by 2030
700km of dedicated hydrogen
networks by 2030
1 TWh of hydrogen storage
capacity by 2030
30TWh of hydrogen in the managed
energy portfolio by 2030
More than 100 charging stations
for hydrogen vehicles by 2030
4bn invested in hydrogen by 2030
HYDROGEN
COAL
PHASEOUT
In number of electrical and heating assets
Conversion Closure Sale
ENGIE is establishing a strategy to move away
from coal in the following merit order
closure conversion then if not possible sale
ensuring a continuous dialog with stakeholders
ENGIE Just Transition policy
65
32
3
COAL
CHANGE IN COAL-FIRED
ELECTRICITY CAPACITIES
(GW@100%)
RENEWABLE GASES
C A P E X 2 0 2 3-2 5
Between €13 bn and €14 bn No new investment
Over the entire Group, around 75% of 2023-2025 growth
CAPEX will be aligned with the European taxonomy.
Hydropower
Solar
Wind power
Others
53
26
21
2027
0
2017
7.0
2020
4.3
2022
2.5
2017
24
2030
80
2020
31
2022
38
2025
50
20172022
20232025
20262030 Periods
Wind power Hydropower Solar
68 - CLIMATE NOTEBOOK