Being on the path of history: this is the promise with which ENGIE’s 2015 Annual Report opens. And within that promise, the desire to make an ever firmer commitment to the transition to clean energy and develop new, innovative, digital solutions for energy producing less and less carbon.
The world is changing. The new energy challenges in the 21st century are radically changing the old order. “It’s a triple revolution”, summarizes Isabelle Kocher, ENGIE CEO, in the Group’s 2015 Annual Report, “Technological, with renewable energies reaching maturity; digital, with the mass roll-out of smart systems; and social and cultural, with the gradual yet irrevocable change in behaviors”. A watershed linked to the transition to clean energy, which creates opportunity more than anything else.
In 2015, ENGIE consolidated its stated ambition: to become a world leader in the transition to clean energy. To do so, Isabelle Kocher explains, “We are currently restructuring the Group to quickly jettison, on a massive scale, assets that are not in line with the industrial revolution and not within the core of tomorrow’s energies. Our transformation plan is designed in particular to reduce ENGIE’s carbon footprint”. In 2015, The Group announced €22bn of investment for the 2016-2018 period. Present in 70 countries around the world, ENGIE is still the top global independent electricity producer.
In the Group’s longstanding installations and emerging markets alike, the energy transition that is currently underway sets out to offer a different take on energy. In 2015, ENGIE actively encouraged innovation under three guidelines:
In particular, the Group developed a wide range of digital innovations (smart grids, connected meters, internet of things) and consolidated its global positioning in Big Data solutions. For example, in March 2016 ENGIE acquired StreetLight Data, a company specializing in Big Data solutions used in planning urban mobility and transport.
COP21 should not be a one-off. In the wake of this summit held in December 2015, we need to invent and build a carbon-free world that takes better care of the environment. In 2015, the Group continued to develop its renewable energy business: onshore wind power, solar power, biomass, offshore wind power, hydroelectricity, and biogas.
But ENGIE also made a commitment to greener cities, in particular through renewable gas distribution networks, and cities that are more ethical, with a desire to combine green energy with new digital technologies. Smart cities generate energy and increase the standard of living, produce and consume local resources, and are at the heart of the Group’s citizen engagement.
In 2015, ENGIE pushed ahead with its charity work around the world, investing in particular in equal access for all to clean, sustainable energy. In the 70 countries where the Group has a presence, innovative, cultural, and digital low carbon solutions have been designed. The “Schools, Lights & Rights” program, for example, developed by ENGIE’s corporate foundation, works in a range of countries to deliver electricity to schools and residences, as well as handing out portable solar-powered lamps to children so that they can study at night.
Lastly, the diversification of energy sources and the development of sustainable sectors also creates opportunities across the board. In Africa, for example, ENGIE contributed to the development of new wind farms for reliable, affordable energy, including the one in West Coast One in Cap-Occidental province. The Group stays true to its promise all over the world, and for each project it takes the local context into account with the aim of providing consumers with local, green energy.