Keep pulling the thread on Catherine MacGregor.
Engie has a target to reach 95 gigawatts of renewable and battery capacity by 2030.
Prior to the cutoff of Russian gas supplies, Europe was 40% dependent on Russia for its natural gas.
Europe's decarbonization strategy aims to increase the share of electricity in the final energy mix from the current 16-18% to 50% by 2050.
Engie plans to invest between €22 billion and €24 billion in gross capital expenditures over the next three years.
Engie has set a corporate target to achieve net-zero emissions by 2045.
China controls 80% of the global manufacturing market for solar panels.
Europe's fossil fuel imports in 2024 totaled 375 billion euros.
Engie currently has a power production capacity of approximately 100 gigawatts.
50% of Engie's current 100 gigawatt power production capacity is derived from renewable sources.
Engie's direct dependency on Russian gas was 20% of its total supply before the cutoff.
Catherine MacGregor asserts that by 2050, 50% of Europe's final energy mix will remain non-electrified, requiring solutions to decarbonize energy molecules like natural gas and hydrogen.
The cost of solar panels has decreased by a factor of 20 over the past two decades.