DIVERSIFY AND DECARBONIZE THE ENERGY MIX

WITH RENEWABLE GASES

Renewable gases will play an increasingly important role in tomorrow’s energy mix

and represent one of the solutions for accelerating the transition to a carbon neutral world.

With its proactive strategy, ENGIE will strengthen their production and make them efficient

energies of the future.

The current need to reconcile the

transition to a carbon-neutral economy

with the increase in global energy

demand makes development of the

technological sectors for renewable gas

production (methanization, methanation,

gasification, electrolysis) essential. They

contribute to the diversification of the

energy mix and to a carbon-neutral

economy. Their development will also

reduce Europe’s dependence on

fossil fuel imports while contributing

to its energy security.

Finally, renewable gases have

a positive impact on the communities:

they encourage the creation of jobs

that cannot be relocated and contribute

to the development of the circular

economy through the treatment of

waste (agricultural, urban, etc.) and

the recovery of residual organic matter

in the form of energy, biogenic CO

2

and biofertilizers.

RENEWABLE GASES: ENGIE, A KEY

PLAYER IN THIS HIGH-GROWTH MARKET

Driven by the demands of the energy

transition and by industrial and

commercial decarbonization needs,

the market for renewable gases is poised

for strong growth in the coming decade.

The war in Ukraine has served as

a powerful catalyst in strengthening

the Group’s commitments.

ENGIE intends to become

a major player in this market for

renewable gases, both as supplier,

continuing its historical activity of

selling natural gas, and as producer.

The Group’s ambition of becoming

a major producer of renewable gases

in Europe is in line with its strategic

objective of being a leader in the

energy transition, in particular through

the development of a renewable energy

production fleet, which would not only

be electric but also gas-based.

ENGIE has clear competitive advantages,

both in industrial and commercial

terms, for achieving this ambition and

this is true for all the renewable gases

currently being considered, biomethane

and synthetic biomethane, e-fuels

and renewable hydrogen.

RENEWABLE HYDROGEN,

A PARTICULARLY PROMISING GAS

Another vital ingredient to accelerate

the transition to carbon neutrality is

renewable hydrogen. Produced by

water electrolysis from renewable

electricity, this gas is now at the heart

of decarbonization objectives: it enables

renewable electricity to be stored in

the form of hydrogen (or methane

after a methanation process) and

decarbonization for current massive

uses of hydrogen (fertilizers, refineries,

chemicals, etc.) and for other industrial

sectors that are difficult to decarbonize

in other ways (steel industry). Finally,

renewable hydrogen is expected

to progressively contribute to the

decarbonization of mobility, whether

in heavy mobility with the development

of synthetic fuels (maritime, aviation) or

in road mobility with the

development

of “zero emission” vehicles

equipped

with a fuel cell.

This explains why the European

Commission presented a hydrogen

strategy for Europe’s climate neutrality

in 2020 as part of the Green Pact for

Europe. Similarly, France adopted a

National Strategy for the development

of decarbonized hydrogen costing

€9 billion for the period to 2030.

Present over the entire hydrogen

value chain from the production of

renewable energy to the end usages

ENGIE is positioned as a major player

in renewable hydrogen which could

well become a key energy of the future

With 5800 jobs in 2022 including

around 200 at ENGIE compared with

3500 in 2021 the French hydrogen

segment is rapidly expanding

After being a pioneer for a long

period the Group reached the stage of

industrialization of several hydrogen

projects in 2022

96 - RENEWABLE GASES NOTEBOOK

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