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[the grumpy old men] 06/6/2019 20:00

Canadian government selects ENGIE to achieve 2030 efficiency goals
June 6, 2019 0
district energy system
Image credit: Stock

ENGIE and its partners have won a contract to modernise, maintain and operate a district energy system in Canada.

Innovate Energy, comprising ENGIE, PCL Construction and Black &McDonald, won a 35-year contract to operate the district energy system that heats 80 buildings and cools 67 buildings in Canada's Capital Region.

The project is part of the Canadian government's Energy Services Acquisition Programme which aims to reduce energy use and carbon emissions by 40% by 2030.

The buildings served by the system include the parliament.

The project will include:

Making the existing heating system safer and less energy-consuming by converting it from steam to hot water
Replacing steam chillers with electric models in facilities in Ottawa and Gatineau
ENGIE operating and maintaining the new system through to 2055.

To date, ENGIE operates more than 320 district heating and cooling networks in 20 countries.

In Canada, ENGIE has been offering a range of clean energy and services since 1992 and operates more than 800 MW of electricity generation facilities.

[waldron] 06/6/2019 18:18

Brent Crude Oil NYMEX 60.62 -0.02%
Gasoline NYMEX 1.66 -0.42%
Natural Gas NYMEX 2.32 -2.52%

(WTI) 51.66 USD +0.21%


FTSE 100
7,259.85 +0.55%
Dow Jones
25,606.07 +0.26%
CAC 40
5,278.43 -0.26%
SBF 120
4,169.11 -0.34%
EuroStoxx 50
3,338.41 -0.08%
DAX Index
11,953.14 -0.23%
Ftse Mib
20,149.95 -0.03%




Eni
13.9 +0.23%


Total
47.24 +0.78%

Engie
12.99 +0.35%

Orange
13.625 -1.98%

Bp
543.5 +1.10%

Vodafone
127.98 -3.85%

Royal Dutch Shell
2,499 +1.56%

Royal Dutch Shell
2,516.5 +1.41%

[waldron] 05/6/2019 17:14

Brent Crude Oil NYMEX 60.45 -2.45%
Gasoline NYMEX 1.69 -2.20%
Natural Gas NYMEX 2.39 -1.20%
(WTI) 51.41 USD -3.07%

FTSE 100
7,220.22 +0.08%
Dow Jones
25,456.72 +0.49%
CAC 40
5,292 +0.45%
SBF 120
4,183.4 +0.55%
EuroStoxx 50
3,340.95 +0.12%
DAX Index
11,980.81 +0.08%
Ftse Mib
20,158.57 -0.35%



Eni
13.868 -1.07%


Total
46.875 -0.73%

Engie
12.945 +2.29%

Orange
13.9 +0.65%


Bp
537.6 -1.29%

Vodafone
133.1 -0.43%

Royal Dutch Shell
2,460.5 +0.06%

Royal Dutch Shell
2,481.5 +0.10%

[waldron] 05/6/2019 16:43

A consortium including Engie SA (ENGI.FR) has won a 35-year energy efficiency contract in Canada, Engie said Wednesday.

The consortium, which also includes PCL Construction and Black & McDonald, will deliver and modernize heating and cooling systems for government buildings in Ottawa.

"We are proud to partner with the government of Canada and help reduce its energy consumption and associated greenhouse gas emissions," Engie Chief Executive Isabelle Kocher said.

Financial details weren't disclosed.



Write to Pietro Lombardi at [e-mail]



(END) Dow Jones Newswires

June 05, 2019 09:17 ET (13:17 GMT)

[florenceorbis] 05/6/2019 14:16

5/06/2019 | 3:01 p.m.

PARIS (Agefi-Dow Jones) - Energy group Engie announced Wednesday that the Innovate Energy consortium, of which it is part of PCL Construction and Black & McDonald, has won a 35-year public-private partnership for the deployment of hot and cold systems and energy renovation of government buildings in Ottawa, Canada. Financial details of the contract were not disclosed.

MAIN POINTS OF THE COMMUNIQUE:

- From 2019 to 2025, the partners of the Innovate Energy consortium will design and pilot the transformation of the current system, which uses high temperature steam, to use hot water at low temperature, a more energy-efficient solution. This conversion will also involve the adoption of more environmentally friendly sources of energy. In parallel, the consortium will continue to provide heating and cooling services by exploiting existing facilities.

-Engie will operate and maintain the new system until 2055.

-This mandate is part of the Government of Canada's energy services procurement program and will contribute to its goal of reducing energy consumption and reducing greenhouse gas emissions by 40% by 2030 .

-Agefi-Dow Jones; [e-mail] ed: ACD

Agefi-Dow Jones The financial newswire

[sarkasm] 05/6/2019 05:03

solar energy
Tulare County to use solar energy at several facilities


With the hot blazing sunshine in the Central Valley, one county is taking advantage of the opportunity to make clean energy.
By Reuben Contreras
Updated 2 hours ago
TULARE COUNTY, Calif. (KFSN) -- With a flip of a switch, Tulare County is one step closer to using solar energy at several facilities.

The project has been several years in the making with ENGIE Service.

The solar company has worked with several government agencies throughout the state and that caught the eye of Tulare County leaders.

"I had seen many projects throughout our region," said county supervisor Kulyer Crocker. "Energy efficacy and generation projects and I knew we were missing an opportunity in Tulare County."

Tulare County has signed a 25-year contract with ENGIE that's expected to save the county $40 million in electricity during that time.

The county did not pay anything up front thanks to financing, but it will cost $2-$3 million a year to maintain the solar panels.

CEO of ENGIE John Mahoney says the county will get the money back with these solar panels saving energy at each site that includes the Tulare County Government Plaza.

"It includes energy storage. The three sites have energy back up battery storage," Mahoney said. "You essentially get to use solar-generated electricity even when the sun is not shinning."

ENGIE says the solar panels will also cut down on carbon generated emissions.

With the cut down on the cost of electricity, Tulare County leaders have a vision on where they'll direct the savings.

"Our biggest priorities are on public safety," Crocker said. "So I would imagine most of the savings are going to go back into facilities to rehabilitate and also help out with our public safety officials."

[waldron] 04/6/2019 18:14

4/06/2019 | 5:51 p.m.

PARIS (Agefi-Dow Jones) - Financial rating agency Moody's downgraded Engie's credit rating from "A2" to "A3" on Tuesday and added a stable outlook. adoption of the PACTE law which allows, among other measures, the French government to sell its stake "in the energy group. "Although the timing of possible future disposals is not known, Moody's believes that the promulgation of the law has crystallized a change in the intentions of the state and, as a result, a weakening of France's willingness to provide a financial support to Engie if needed ", explains the rating agency.

([e-mail]) ed: ECH

Agefi-Dow Jones The financial newswire

[waldron] 04/6/2019 18:00

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%

FTSE 100
7,214.29 +0.41%
Dow Jones
25,223.35 +1.63%
CAC 40
5,268.26 +0.51%
SBF 120
4,160.67 +0.49%
EuroStoxx 50
3,333.49 +1.10%
DAX Index
11,971.17 +1.51%
Ftse Mib
20,235.41 +1.82%


Eni
14.018 +1.43%

Total
47.22 +1.09%


Engie
12.655 +1.12%

Orange
13.81 -2.40%

Bp
544.6 +0.11%

Vodafone
133.68 +2.86%

Royal Dutch Shell
2,459 -0.55%


Royal Dutch Shell
2,479 -0.34%

[la forge] 04/6/2019 13:25

Afrik21


ZAMBIA: Engie plans installation of 10 containerised mini-grids in rural areas

By Jean Marie Takouleu - Published on June 4 2019 / Modified on June 4 2019
ZAMBIA: Engie plans installation of 10 containerised mini-grids in rural areas©thatkasem14/Shutterstock
The French company Engie has recently committed to supply 10 new containerised solar power plants in rural Zambia. A way of supporting the Zambian government in its ambitions to provide widespread access to electricity in remote areas.

Engie recently undertook to provide 10 containerised solar power plants in rural Zambia, East Africa, as part of the Power Corner project. The agreement on this new project was negotiated in Paris between the company’s managers and Christine Kaseba-Sata, Zambia’s ambassador to France. The Zambian authorities have obviously been seduced by Engie’s recent project in the country.

On April 3, 2019, the French company commissioned a 28 kW containerised mini-grid in the Chitandika village in eastern Zambia. It consists of several solar panels, which, when installed, form a shade under which a container is located, serving as a technical building. “Engie’s new mini grid in Chitandika provides energy to 378 households, or 1,500 people who previously had no access to electricity, and I am pleased to say that this facility has improved the lives of local businesses and supports public services such as a health centre and two schools. For us, as a long-term investor, Zambia is a country where we would like to invest and expand our activities,” says Raphael Tilot, Director of Innovation and New Business at Engie Africa.
A project that fits in with Zambia’s energy policy

For several years, Zambia has been aware of its potential in terms of solar energy production and is finally starting to exploit it. Such an approach attracts many investors, most notably Engie. “As you may know, our development agenda is guided by the Seventh National Development Plan (7NDP), which has made the energy sector a driving force and an important sector of economic development. I am pleased that you are considering expanding your activities in Zambia and I would like to tell you that there are more opportunities in off-grid solutions, as it is an area that remains unexploited,” said Christine Kaseba-Sata, Zambia’s Ambassador to France, while talking to Engie.

In Zambia, Engie is also diversifying its offers in terms of solar energy production. The company sells solar home kits, an effective way to provide lighting in rural areas at a lower cost. According to Raphael Tilot, the company has already sold 90,000 solar home kits in the country’s remote areas. With this new project to supply 10 containerised mini-grids, Engie is strengthening its position in a country where solar projects are fast developing.

Jean Marie Takouleu

[la forge] 04/6/2019 13:24

Engie signs MoU in Djibouti for 30 MW solar plant

This project is part of the Djiboutian government’s efforts to develop renewable energy in the country, with a target to achieve 100% renewable generation by 2020.
June 4, 2019 Catherine Rollet

Utility-scale PV
Djibouti



The government of Djibouti and French energy group Engie have signed a memorandum of understanding to build a PV power station with a capacity of 30 MW in Grand Bara, Djibouti. State-owned utility Électricité de Djibouti (EDD) is actively involved in the project and has signed a memorandum of understanding with Engie.

The project, which will be the first large-scale solar power plant in the country, will be “followed by other projects in the field of energy such as rural electrification,R21; said HE Minister Yonis Ali Guedi in a press release.

According to the 2016-2020 Country Strategy Paper on Djibouti, published by the African Development Bank Group, the country faces problems such as inadequate distribution networks, and electricity prices are quite high. Approximately 80% of the nation’s energy comes from neighboring Ethiopia.

In a country where climatic conditions can be extreme — drought, floods and earthquakes are common — the government is aiming to achieve complete energy independence by setting a goal of 100% renewable energy production by 2020. But so far, Djibouti has yet to deploy any solar capacity, according to the latest statistics from the International Renewable Energy Agency (IRENA).

The country’s current installed generating capacity stands at just 126 MW, all of which comes from thermal power facilities. According to the United States Agency for International Development (USAID), Djibouti has the potential to generate more than 300 MW of electric power from renewable energy sources.

Through a subsidiary, Engie has around 3.15 GW of renewable energy capacity across the African continent, including commissioned projects and those still under development.


More articles from Catherine Rollet
[e-mail]

[waldron] 03/6/2019 17:18

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%


FTSE 100
7,184.8 +0.32%
Dow Jones
24,856.77 +0.17%
CAC 40
5,241.46 +0.65%
SBF 120
4,140.31 +0.53%
EuroStoxx 50
3,297.29 +0.52%
DAX Index
11,792.81 +0.56%
Ftse Mib
19,862.89 +0.31%



Eni
13.82 +1.77%

Total
46.71 +0.15%

Engie
12.515 +0.52%

Orange
14.15 +0.78%


Bp
544 +0.72%

Vodafone
129.96 +0.42%

Royal Dutch Shell
2,472.5 +0.47%


Royal Dutch Shell
2,487.5 +0.57%

[grupo] 03/6/2019 08:42

ENGIE Sells Its German, Dutch Coal Assets

Multinational power and gas firm ENGIE on April 26 signed an agreement with global investment firm Riverstone Holdings for the sale of its shares in coal-fired power plants worth a combined 2.3 GW. Paris-based ENGIE owns 100% of the 800-MW Centrale Rotterdam plant in the Netherlands, the 472-MW Zolling site near Munich, and the 351-MW Farge plant, and it holds a 52% stake in the 731-MW site in Wilhelmshaven (Switzerland’s BKW Energie AG and municipal utility WSW Energie and Wasser AG hold the remaining stake of the project that is considered one of the most efficient in Europe). The transaction, which is expected to close this summer, will shave €200 million off ENGIE’s net consolidated debt. It will also diminish ENGIE’s coal share to 4%, compared to 13% at the end of 2015, when the company embarked on its aggressive transition toward zero-carbon. ENGIE’s CEO Isabelle Kocher said in a statement that the company will instead focus its investments on solutions for “corporates and local authorities, large-scale development of renewable energy and the necessary adaptation of power and gas networks to the energy transition.”

[waldron] 31/5/2019 17:45

Brent Crude Oil NYMEX 63.44 -2.89%
Gasoline NYMEX 1.80 -2.89%
Natural Gas NYMEX 2.48 -2.55%
(WTI) 55.05 USD -1.70%

FTSE 100
7,161.71 -0.78%
Dow Jones
24,935.15 -0.93%
CAC 40
5,207.63 -0.79%
SBF 120
4,118.56 -0.73%
EuroStoxx 50
3,280.43 -1.11%
DAX Index
11,726.84 -1.47%
Ftse Mib
19,820.15 -0.64%


Eni
13.58 -0.82%



Total
46.64 -0.43%

Engie
12.45 -0.40%

Orange
14.04 -0.04%

Bp
540.1 -0.22%

Vodafone
129.42 -0.40%

Royal Dutch Shell
2,461 -0.20%


Royal Dutch Shell
2,473.5 -0.28%

[ariane] 31/5/2019 16:09

Minera Antucoya signs deal with ENGIE Energia Chile to go 100% renewable
Posted by Paul Moore on 31st May 2019

Minera Antucoya, a subsidiary of Antofagasta Minerals, has signed a long-term agreement with ENGIE Energia Chile SA making it the second operation in the Group that will only use energy from renewable sources to produce copper.

Through this agreement, for about 300 GWh/year, Antucoya will be the second large scale mining operation, after Zaldivar – both of which are part of the Antofagasta Minerals group – that will use only renewable sources to supply its energy needs. This is another step in the Group’s progress in achieving its goal to reduce its greenhouse gas (GHG) emissions by 300,000 tonnes by the end of 2022.

Leonardo Gonzalez, General Manager of Minera Antucoya, said “This agreement with ENGIE, takes over an important part our challenges. As a company we not only focus on production and fulfilling our targets, but on how we develop mining, which is also very important to us. This contract, will enable us not only to be more competitive, but also makes us the second Chilean mining operation to formally commit to using 100% renewable energy”

The new agreement, which will begin in January 2022 and has a term of eleven years, requires ENGIE to certify that the energy used by Antucoya comes from renewable sources that do not generate emissions, and this must be verified by an external body.

According to Axel Leveque from ENGIE Energia Chile, “Consolidating our leading position in an energy transition scenario in our country and the world, in 2018 we reached agreement with some of our main mining clients, which included the addition of contracts to supply energy from renewable sources. In this context this agreement is very important to us as it strengthens our long-term relationship with a strategic client such as Antofagasta Minerals, with whom we have had a commercial relationship for 25 years”.

Ivan Arriagada, CEO of Antofagasta Minerals said, “We are taking another step in achieving our goal of reducing our greenhouse gas emissions. We are pleased that two of our mining operations are the first in Chile to operate using only energy from clean sources, and this is in addition to the progress we have made at Los Pelambres where 59% of its energy is renewable energy. We will continue on this path as we believe this is a concrete way to mitigate climate change.”

This renewable energy contract will replace GHG emissions equivalent to 134,000 tonnes of CO2 annually, which is comparable to removal of about 36,000 cars.

ENGIE Energia Chile SA is part of the ENGIE group, which in Chile participates in energy generation and transmission, gas transport and port infrastructure. Currently it is the largest energy generation and transmission company in the Sistema Interconectado del Norte Grande (SING). In Chile, it is the fourth largest energy generation company with a gross installed capacity of 1,928 MW. As part of the energy transition process in Chile, the company has an asset rotation plan that includes the development of renewable projects – solar and wind – of about 1,000 MW. In this context, the company has been negotiating contracts with its mining and industrial clients, to supply energy from renewable sources.

Minera Antucoya is a mining operation about 125 km northeast from Antofagasta city. The operation started in 2016 and produces approximately 70,000 tonnes of copper per year using raw seawater in its processes. Antofagasta Minerals owns 70% and Marubeni Corporation owns the remaining 30%.

[waldron] 30/5/2019 17:46

Brent Crude Oil NYMEX 66.24 -2.40%
Gasoline NYMEX 1.87 -2.46%
Natural Gas NYMEX 2.54 -3.28%
(WTI) 57.89 USD -1.91%

FTSE 100
7,218.16 +0.46%
Dow Jones
25,148.29 +0.09%
CAC 40
5,248.91 +0.51%
SBF 120
4,148.64 +0.56%
EuroStoxx 50
3,318.15 +0.69%
DAX Index
11,902.08 +0.54%
Ftse Mib
19,928.87 -0.36%



Eni
13.692 -0.31%


Total
46.84 +0.01%

Engie
12.5 -0.16%

Orange
14.045 +0.79%

Bp
541.3 +0.00%

Vodafone
129.94 +0.49%

Royal Dutch Shell
2,466 +0.24%


Royal Dutch Shell
2,480.5 +0.20%

[sarkasm] 30/5/2019 15:40

Engie Brasil Energia informed the Federal Supreme Court that he had already raised three billion dollars abroad to buy TAG. Engie told the Supreme Court that his decision had "created a situation of extreme legal uncertainty" because he had already launched a transaction mobilizing heavy financial resources to take 90% stake in TAG. In a statement, Petrobras said he would review the judge's decision and take action to defend its interests and those of its investors.

The decision of the Supreme Court is expected for Thursday.

[waldron] 29/5/2019 17:11

Brent Crude Oil NYMEX 67.13 -2.24%
Gasoline NYMEX 1.90 -2.05%
Natural Gas NYMEX 2.64 +2.17%

(WTI) 57.28 USD -2.75%

FTSE 100
7,185.3 -1.15%
Dow Jones
24,990.16 -1.41%
CAC 40
5,222.12 -1.70%
SBF 120
4,125.4 -1.66%
EuroStoxx 50
3,295.56 -1.56%
DAX Index
11,837.81 -1.57%
Ftse Mib
20,011.76 -1.23%



Eni
13.734 -2.08%

Total
46.835 -1.44%


Engie
12.52 -1.42%

Orange
13.935 -0.68%


Bp
541.3 -0.77%

Vodafone
129.3 +1.71%

Royal Dutch Shell
2,460 -0.87%


Royal Dutch Shell
2,475.5 -1.14%

WHAT A GREY DAY

[waldron] 28/5/2019 17:08

FTSE 100
7,268.95 -0.12%
Dow Jones
25,567.58 -0.07%
CAC 40
5,312.69 -0.44%
SBF 120
4,195.04 -0.37%
EuroStoxx 50
3,347.76 -0.44%
DAX Index
12,027.05 -0.37%
Ftse Mib
20,250.65 -0.55%

Brent Crude Oil NYMEX 69.87 -0.41%
Gasoline NYMEX 1.94 -0.41%
Natural Gas NYMEX 2.59 +0.15%

(WTI) - 28/05 17:41:57
58.84 USD -0.52%



Eni
14.026 -0.31%

Total
47.52 -0.69%

Engie
12.7 -0.39%

Orange
14.03 +0.07%


Bp
545.5 +0.18%

Vodafone
127.12 +0.81%

Royal Dutch Shell
2,481.5 -0.22%


Royal Dutch Shell
2,504 +0.14%

[waldron] 28/5/2019 07:06

A setback on TAG? Business is complicated for Engie in Brazil: a member of the Federal Supreme Court wants to suspend the sale of assets of the national company Petrobras, in particular the network of gas pipelines TAG, promised to French for $ 8.6 billion. However, it is a little early to judge the concrete implications of this position, while the transaction was validated by the seller, the authorities and a court (however lower than the Supreme Court).