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10
Oct
2016

Renewables gain ground in the USA

According to a survey published by the US Energy Information Administration (EIA), the contribution made by energy generated from biomass, geothermal, solar and wind power renewables on the other side of the Atlantic has increased by 17%, compared with the first half of 2015. This good news demonstrates the effectiveness of the commitment shown by companies and governments to delivering the energy transition, as is the case at ENGIE, which is applying its expertise to reduce its own carbon footprint.

ENGIE reached a major milestone in the US at the beginning of this year, when it announced the sale of 10 gigawatts of power generating capacity in favor of investment in low-carbon power generation and a range of integrated energy service packages and solutions.

In its electric Power Monthly Report for September, the US Energy Information Administration (EIA) reports a significant increase in the contribution made by renewables to the US energy mix in the first six months of 2016. That contribution increased by 14.5% between January and June, compared with the same period of last year. More specifically, non-hydroelectric energy - from biomass, geothermal, solar and wind power - was up by 17%, compared with the first half of 2015. The contribution from hydropower increased by 11.8% over the same period. This trend goes hand-in-hand with the decline in power generated using coal, where the contribution fell by 20.1%, and the near standstill in nuclear, which was up by just 1%. Power generation from natural gas increased by 7.7%.

ENGIE contributing to the US energy transition

As a major operator of gas infrastructures, the Group will soon be exporting Liquefied Natural Gas (LNG) from its Cameron LNG project in Louisiana. ENGIE also offers industrial and commercial customers a broad range of energy efficiency service packages through its subsidiaries ENGIE Services, Ecova and - since the start of this year - OpTerra.

The Group is also backing promising startups. Following on from Tendril and Advanced Microgrid Solutions, StreetLight Data is the third investment made in the USA by the ENGIE New Ventures investment fund. This California-based startup specializes in the development of data analysis solutions for urban transportation and mobility planning. Retroficiency, another specialist startup with expertise in data analysis acquired at the end of 2015 by Ecova, is developing a project alongside energy company Con Edison to demonstrate how customer involvement and detailed analysis can facilitate the energy transition.

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