ENGIE has presented at the Presidential Palace of Chile the comprehensive transformation plan for its operations in the country, which includes the development of 2 GW of renewable energy capacity and the end of its coal-fired power generation activities by 2025 (nearly 1.5 GW). This initiative is part of the Group's ambition to achieve carbon neutrality by 2050 at the latest. After a virtual meeting between Sebastian Pifiera, President of Chile, and Catherine MacGregor, ENGIE CEO, the Group reaffirmed its commitment of closing six units (0.8 GW) of coal capacity, including two facilities already closed in 2019, and the conversion of the three newest units (0.7 GW) to gas or biomass by 2025.In line with the country’s decarbonization strategy, ENGIE has also reaffirmed its commitment to developing green hydrogen production. The Group in Chile, a pioneer in hydrogen development, is the only company to have developed three pilot projects in the country: HyEx, in collaboration with Enaex to develop green ammonia: Hydra, to promote truck mobility in the mining sector; and an initiative with Walmart that will involve the use of 149 cranes powered by green hydrogen.
ENGIE has presented at the Presidential Palace of Chile the comprehensive transformation plan for its operations in the country, which includes the development of 2 GW of renewable energy capacity and the end of its coal-fired power generation activities by 2025 (nearly 1.5 GW). This initiative is part of the Group's ambition to achieve carbon neutrality by 2050 at the latest. After a virtual meeting between Sebastian Pifiera, President of Chile, and Catherine MacGregor, ENGIE CEO, the Group reaffirmed its commitment of closing six units (0.8 GW) of coal capacity, including two facilities already closed in 2019, and the conversion of the three newest units (0.7 GW) to gas or biomass by 2025.In line with the country’s decarbonization strategy, ENGIE has also reaffirmed its commitment to developing green hydrogen production. The Group in Chile, a pioneer in hydrogen development, is the only company to have developed three pilot projects in the country: HyEx, in collaboration with Enaex to develop green ammonia: Hydra, to promote truck mobility in the mining sector; and an initiative with Walmart that will involve the use of 149 cranes powered by green hydrogen.
