In its Utilities 50 2017 report, Brand Finance ranks ENGIE as the most valuable utilities brand in the world, ahead of EDF and Enel. It therefore confirms other rankings awarded to the Group since 2009. The ENGIE brand is also ranked the sixth most valuable of all French brands.
Cryptocurrencies, inspired by Bitcoin and based on the blockchain principle, have been very much in the media spotlight. They have a variety of potential uses: several trials have shown that they could be used to optimize the distribution of decentralized electrical energy and facilitating the sale and purchase of energy generated by consumers.
As Europe takes action to combat climate change, the contribution made by coal to European power generation continues to fall. A recent survey published by the WindEurope non-profit industry association confirms this trend, and indicates that wind power capacity has now overtaken the installed capacity of coal-fired plants in Europe.
ENGIE is supporting the energy and technology revolution in companies and regions. The Group has just introduced two enormous networks for the Internet of Things (IoT) in Belgium and Singapore. Their purpose is simple: to let smart objects communicate reliably, at low cost and without excessive energy usage. It's yet another illustration of how the digital transformation is now underway throughout ENGIE core businesses.
The United Arab Emirates (UAE) has recently announced its plans to invest 153 billion euros into a new energy diversification program. The nation hopes, through this investment, to generate more than half its energy from renewable sources by 2050. Discover how ENGIE is active in the region.
There are a number of reasons that explain the boom in solar energy: installations are more powerful and less expensive, investments have been stepped up, and more encouraging regulations have been introduced. As a result, in more and more countries, industrial operators and electricity producers such as ENGIE are focusing on this solution of the future.
Worldwide investments in renewable energy reached nearly 305 billion dollars in 2015, according to a new report, REthinking Energy1, from the International Renewable Energy Agency (IRENA). While this is a good start – these investments have shown constant growth for the past decade – the agency notes that it will take a lot more in order to truly battle the effects of global warming.
2016 was a year of transition. This is one of the observations made by ENGIE in the 2016 edition of “A World of Energy”. A transition towards lower-carbon energy, but also towards new ways of producing and consuming, as ratified in particular by international agreements and national regulations.
According to the reference case projection published by the U.S. Energy Information Administration (EIA) in its 2017 annual report, production of primary energy in the United States could rise by more than 20% by 2040 especially in natural gas and renewable energy. At the same time, America’s consumption is likely to grow more slowly, making the country a net energy exporter by 2026.
The world of renewable energy is more innovative today than ever before. Cleaner resources, low carbon solutions, smart management: ENGIE continues to lead the energy transition as the energy sector is profoundly evolving. Watch ENGIE's outlook on the future of energy..