Energiser Investments Share Discussion Threads

[grupo] 02/6/2020 09:06

Dividend

Following a meeting of ENGIE’s Board of Directors on April 1, 2020, the Group issued a press release on actions taken in response to the current health and economic crisis.



In particular, ENGIE’s Board of Directors decided to cancel the payment of the €0.80 dividend per share for 2019, while stating its commitment to resume paying dividends in the future.



This decision was taken in the light of continuing uncertainties about the situation, particularly regarding the depth and duration of this unprecedented crisis, and it will further strengthen the Group’s operational flexibility.



ENGIE has solid liquidity, a resilient business model and the strategic intent to resume dividend payments as soon as possible while continuing to invest in its growth strategy.

[grupo] 02/6/2020 08:27

Upcoming events on GTT - GAZTRANSPORT ET TECH

JUNE/02/2020 Annual General Meeting

JUNE/02/2020 | 02:00pm Shareholders Meeting

[waldron] 01/6/2020 16:43

Brent Crude Oil NYMEX 37.63 -0.55%
Gasoline NYMEX 1.05 -2.71%
Natural Gas NYMEX 1.90 -2.32%
WTI 34.689 USD -1.53%

FTSE 100
6,166.42 +1.48%
Dow Jones
25,442.37 +0.23%
CAC 40
4,762.78 +1.43%
SBF 120
3,766.02 +1.50%
Euro STOXX 50
3,077.92 +0.84%
DAX
11,586.85 -1.65%
Ftse Mib
18,502.89 +1.68%


Eni
8.34 +2.67%


Total
34.545 +2.74%



Engie
10.65 +0.14%

Orange
11.04 +1.80%


Bp
311 +1.72%

Vodafone
135.32 +1.73%

Royal Dutch Shell A
1,290.8 +2.51%


Royal Dutch Shell B
1,250.2 +1.97%

[waldron] 31/5/2020 09:18

Green hydrogen project launched in May 2020

-

Munich, Germany – WEBWIRE – Friday, May 29, 2020
The purpose of HYFLEXPOWER is to prove that hydrogen can be produced and stored from renewable electricity and then added with up to 100 percent to the natural gas currently used with combined heat and power plants.
The purpose of HYFLEXPOWER is to prove that hydrogen can be produced and stored from renewable electricity and then added with up to 100 percent to the natural gas currently used with combined heat and power plants.

With the HYFLEXPOWER project, a consortium made up of Engie Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities are implementing a project funded by the European Commission under the Horizon 2020 Framework Program for Research and Innovation (Grant Agreement 884229). The implementation of this project, the world’s very first industrial-scale power-to-X-to-power1 demonstrator with an advanced hydrogen turbine, will be launched at Smurfit Kappa PRF’s site - a company specialized in manufacturing recycled paper - in Saillat-sur-Vienne, France. The purpose of this project is to prove that hydrogen can be produced and stored from renewable electricity and then added with up to 100 percent to the natural gas currently used with combined heat and power plants. For this an existing Siemens SGT-400 industrial gas turbine will be upgraded to convert stored hydrogen into electricity and thermal energy.

A world’s first: Industrial-scale power-to-X-to-power demonstrator

Through its Horizon 2020 framework program the European Commission supports highly innovative research and demonstration projects aiming at developing and creating innovative products and services and thus stimulating growth in Europe. For this, the European Commission is awarding grants in a competitive procedure in which HYFLEXPOWER was able to assert itself against a large number of competitors.

With this particular project, HYFLEXPOWER will demonstrate that renewable hydrogen can serve as a flexible means of storing energy which can then be used to power a high-power industrial turbine.

Storing fluctuating renewable energy is one of the major challenges of the energy transition. In this context, the stakeholders involved in the HYFLEXPOWER project are developing new technologies which can be used across the whole power-to-X-to-power1 cycle. The installed demonstrator will be used to store excess renewable electricity in the form of green hydrogen. During periods of high demand this stored green hydrogen will then be used to generate electrical energy to be fed into the grid.

Engie Solutions has been entrusted with producing energy at the Smurfit Kappa site in Saillat-sur-Vienne, France. At the site, Engie Solutions operates a 12 MWe combined heat and power facility which produces steam for the manufacturing company’s requirements. The conversion of an existing infrastructure has the advantage of significantly lower costs and minimized lead time compared to a greenfield site. The project will develop and demonstrate an advanced plant concept that will contribute to modernizing and improving the factory’s existing power plant.

During two demonstration campaigns, the facility will be powered by a mix of natural gas and hydrogen, ultimately aiming for up to 100 percent hydrogen operation. In this regard, the overall goal of the HYFLEXPOWER project is to test an entirely green hydrogen-based power supply for a completely carbon-free energy mix. This would save up to 65,000 tons of CO2 per year for a SGT-400 at baseload operation.

An exclusively European technology

The consortium selected following the call for proposals is made up exclusively of European companies and bodies. Each stakeholder’s role is defined as follows:

Engie Solutions will build the hydrogen production and storage facility, including the natural gas/hydrogen mixing station prior to the turbine

Siemens Gas and Power will supply the electrolyser for hydrogen production and develop the hydrogen gas turbine

Centrax will upgrade the package for hydrogen operation and install the new turbine

German Aerospace Center (DLR) together with the University College London, University of Duisburg-Essen and Lund University will support the hydrogen turbine technology development

National Technical University of Athens will perform economic, environmental and social assessments of the concept

Arttic will support the operational project management and the project’s communication activities.

The project’s total budget is close to €15.2 million, of which €10.5 million will be contributed entirely by the European Union under the Horizon 2020 program.Officially launched on 1 May 2020, the project will last 4 years and will be split into several phases:

May 2020: Contract finalization and start of engineering development.

2021: Installation of the hydrogen production, storage and supply facility at pilot demonstration site.

2022: Installation of the gas turbine for natural gas/hydrogen mixtures and initial demonstration of advanced pilot plant concept.

2023: Pilot demonstration with up to 100 percent hydrogen for carbon-free energy production from stored excess renewable energy.

This extremely promising technology is fully in line with Siemens, Engie Solutions and Centrax’ strategy of providing its clients with zero-carbon solutions.

Siemens Gas and Power helping to increase level of decarbonization

Siemens Gas and Power is helping its customers achieve their decarbonization goals by building infrastructure for power-to-X-to-power1 and making a global contribution to cross-sector decarbonization. Siemens offers all core technologies for a long-term CO2-free energy supply, from power and heat generation, to power transmission and distribution, and efficient electrolysis for hydrogen production.

“Siemens Gas and Power wants to be the driving force behind the decarbonization of energy systems worldwide,” says Karim Amin, CEO of the Generation Division of Siemens Gas and Power. “Our goal is to make our gas turbines usable for 100 percent hydrogen. With that, our gas turbines can be the “technology of choice” for our customers to complement the intermittence of renewables and ensure a secure energy supply in the decarbonized world of the future,” Amin added.

Engie Solutions, a stakeholder committed to hydrogen

As an energy for the future, green hydrogen has a major role to play in the energy transition. For Engie Solutions, the most abundant element in the universe is vital to decarbonizing industrial processes.

Engie Solutions is certain that this energy will help speed up the transition of regions and manufacturing companies and is supporting the development of renewable hydrogen – it already has a number of projects, either in operation or forthcoming.

“With the HYFLEXPOWER project, Engie Solutions is once again demonstrating its intent to support manufacturers and regions as they seek to optimize and green their energy use. Developing renewable hydrogen for industrial purposes is a perfect example. This demonstrator is the future,” says Pierre Hardouin, CEO of Engie Solutions for Industries.

Centrax Ltd. developing Hydrogen ready solutions

Centrax sees Green Hydrogen as an important part of the path to a decarbonized energy system and welcomes the considerable investment being made by the Horizon 2020 program to assist the development of Hydrogen compatible combustion systems.

“Our goal is for our gas turbine combined heat and power systems to be ‘Hydrogen Ready’ to provide future proof power generation solutions for our Customers,” says Harry Trump, Director of Business Development for Centrax Ltd..

__________________________
1 According to the ADEME (France’s agency for environment and energy management), “Power to X” (or “P2X”) is the act of converting electricity into another energy vector. For the HYFLEXPOWER project, the “X” vector is hydrogen.

( Press Release Image: )

[maywillow] 30/5/2020 18:20

Engie deploys smart building services at G42’s Abu Dhabi lab
DUBAI, 12 hours, 49 minutes ago

Engie Solutions, a part of global energy player Engie Group, is providing technology-based facilities management solutions to Group 42 (G42), a key artificial intelligence and cloud computing company, to help improve safety and efficiency within the new high throughput Covid-19 detection laboratory in Masdar City.

An international leader in providing zero-carbon energy and innovative integrated facilities management solutions, Engie Solutions will also be providing the manpower required to operate them.

The hitech laboratory, which is one of only few in the world to reach biosafety level (BSL) 3, is capable of conducting thousands of Covid-19 tests per day, and is the first in the world of such scale to be operational outside of China.

It plays an essential role in combatting the virus by accelerating the identification and diagnosis of suspected cases, enabling a rapid response to the outbreak, said the statement.

As per the deal, Engie Solutions will provide the laboratory with bespoke smart building and technology services, which will reduce the number of people on-ground, thereby decreasing safety risks for laboratory personnel.

The company will also incorporate wireless IoT (Internet of Things) sensor technology to control various functions, including energy management, air quality and health, comfort, and safety.

It will also offer a condition based monitoring service, which provides live monitoring and alerts for both asset and environmental conditions. Over time, collected asset information will facilitate data-driven decisions with regards to asset maintenance strategy, replacement, and running costs, said the statement.

These services, as well as the manpower required to operate them, are provided as part of Engie Solution’s commitment to the safety and wellbeing of the UAE community, it added.

Executive VP Ian Harfield said: "We have a long-standing partnership with G42, and when we learnt about the development of the new Covid-19 detection laboratory we were keen to contribute our solutions and expertise towards overcoming the pandemic."

"Smart technology solutions can have a significant positive impact on highly controlled facilities such as laboratories, by enhancing the environment and increasing safety for personnel – something that is especially important in times such as these," he stated.

G42 Healthcare CEO Ashish Koshy said: "This laboratory has a significant role to play in the UAE’s efforts to halt the spread of COVID-19, by providing the most reliable PCR tests."

"This suite of customized solutions provided by our partner, Engie Solutions, will enable us to continue to process tests at the same rate while limiting the staff on-ground, therefore increasing their safety, enabling more social distancing with more staff staying at home, and contributing to the overall safety of the UAE during this unprecedented outbreak," he added.


-TradeArabia News Service

[waldron] 29/5/2020 16:31

Brent Crude Oil NYMEX 35.82 -0.67%
Gasoline NYMEX 1.03 -0.21%
Natural Gas NYMEX 1.77 -2.80%
WTI 33.473 USD -0.04%

FTSE 100
6,076.6 -2.29%
Dow Jones
25,221.66 -0.70%
CAC 40
4,695.44 -1.59%
SBF 120
3,710.32 -1.58%
Euro STOXX 50
3,050.2 -1.67%
DAX
11,586.85 -1.65%
Ftse Mib
18,206.97 -0.79%


Eni
8.123 -4.35%

Total
33.625 -2.03%



Engie
10.635 -2.03%

Orange
10.845 +0.60%




Bp
305.75 -2.61%

Vodafone
133.02 -0.83%

Royal Dutch Shell A
1,259.2 -4.43%



Royal Dutch Shell B
1,226 -3.04%

[waldron] 28/5/2020 16:27

Brent Crude Oil NYMEX 35.77 +0.90%
Gasoline NYMEX 1.02 +0.28%
Natural Gas NYMEX 1.85 -1.49%
WTI 33.236 USD +4.62%


FTSE 100
6,218.79 +1.21%
Dow Jones
25,669.95 +0.48%
CAC 40
4,771.39 +1.76%
SBF 120
3,769.72 +1.63%
Euro STOXX 50
3,094.47 +1.54%
DAX
11,781.13 +1.06%
Ftse Mib
18,325.38 +2.32%


Eni
8.492 +0.50%



Total
34.32 +0.82%



Engie
10.855 +2.94%

Orange
10.78 +3.16%



Bp
313.95 -1.72%

Vodafone
134.14 +2.10%

Royal Dutch Shell A
1,317.6 -0.65%



Royal Dutch Shell B
1,264.4 -0.17%

[adrian j boris] 28/5/2020 08:00

GTT


Summary

The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

Strengths

The group's activity appears highly profitable thanks to its outperforming net margins.

Thanks to a sound financial situation, the firm has significant leeway for investment.

Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.

The company's attractive earnings multiples are brought to light by a P/E ratio at 12.05 for the current year.

This company will be of major interest to investors in search of a high dividend stock.

Over the past year, analysts have regularly revised upwards their sales forecast for the company.

The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.

The company's "enterprise value to sales" ratio is among the highest in the world.

The technical configuration over the long term remains negative on the weekly chart below the resistance level at 77.2 EUR

[waldron] 27/5/2020 16:17

Brent Crude Oil NYMEX 35.40 -3.65%
Gasoline NYMEX 1.02 -4.43%
Natural Gas NYMEX 1.92 -0.72%
WTI 32.779 USD -3.74%

FTSE 100
6,144.25 +1.26%
Dow Jones
25,186.22 +0.76%
CAC 40
4,688.74 +1.79%
SBF 120
3,709.25 +1.52%
Euro STOXX 50
3,047.46 +1.37%
DAX
11,657.69 +1.33%
Ftse Mib
17,879.23 +0.11%

Eni
8.45 +2.13%



Total
34.04 +1.99%



Engie
10.545 +2.93%

Orange
10.45 +2.45%



Bp
319.45 +3.07%

Vodafone
131.38 +1.94%

Royal Dutch Shell A
1,326.2 +1.58%


Royal Dutch Shell B
1,266.6 +1.00%

[waldron] 26/5/2020 17:23

Brent Crude Oil NYMEX 35.44 -0.23%
Gasoline NYMEX 1.06 -0.40%
Natural Gas NYMEX 1.93 +4.09%
WTI 33.675 USD -0.62%






FTSE 100
6,067.76 +1.24%
Dow Jones
25,091.89 +2.56%
CAC 40
4,606.24 +1.46%
SBF 120
3,653.69 +1.52%
Euro STOXX 50
2,999.22 +1.14%
DAX
11,504.65 +1.00%
Ftse Mib
17,833.74 +1.35%




Eni
8.274 +0.17%



Total
33.375 +0.33%


Engie
10.245 +2.82%

Orange
10.2 -1.88%



Bp
309.95 -0.02%

Vodafone
128.88 -0.86%

Royal Dutch Shell A
1,305.6 +1.01%


Royal Dutch Shell B
1,254 +1.01%

[waldron] 22/5/2020 16:31

Brent Crude Oil NYMEX 34.73 -3.69%
Gasoline NYMEX 1.04 -2.27%
Natural Gas NYMEX 1.88 +0.64%
WTI 32.704 USD -3.74%



FTSE 100
5,993.28 -0.37%
Dow Jones
24,352.84 -0.50%
CAC 40
4,444.56 -0.02%
SBF 120
3,517.86 +0.13%
Euro STOXX 50
2,906.77 +0.08%
DAX
11,073.87 +0.07%
Ftse Mib
17,306.15 +1.28%


Eni
8.174 -0.58%



Total
32.67 -0.31%



Engie
9.822 -0.89%

Orange
10.28 -0.19%



Bp
310 -0.61%

Vodafone
130 +0.93%

Royal Dutch Shell A
1,292.6 -0.89%



Royal Dutch Shell B
1,241.4 -0.32%

[maywillow] 22/5/2020 07:32

energymixreport.com





Djibouti Government approves Engie’s solar pv project in Grand Bara
May 21, 2020

The project for the construction of a photovoltaic solar power plant in Grand Bara has been validated by the Djiboutian government in the Council of Ministers. The solar power plant, which will have a capacity of 30 MWp, will be built by the French giant Engie.

Meeting in the Council of Ministers a few days ago, the government of Djibouti approved several development projects, particularly in the electricity sector. It is the case for the project to build a solar power station in Grand Bara, carried by the French giant Engie. A preliminary agreement for the development of this solar photovoltaic project was signed in June 2019.

The solar power plant will be built within the framework of a public-private partnership (PPP). Engie will thus be responsible for developing, building and operating the plant, which will have a 30 MWp capacity. The energy produced will be fed into the grid of the state-owned company Electricité de Djibouti (EDD). “This project will increase national production capacity to meet the country’s electricity demand. It is in line with our country’s sustainable and social development objectives and will help create many jobs,” the Djiboutian presidency said.

Overall, the Grand Bara photovoltaic solar project should enable the construction of a 300 MWp solar complex with a total investment of 360 million euros. The Djiboutian government has included this project in the framework of its strategy for the development of renewable energies. This policy will also make it possible to reduce its electricity imports from Djibouti, notably from its Ethiopian neighbour. Also as part of its policy, the Government of Djibouti has given its approval for the construction of the Ghoubet wind farm.

With an expected capacity of 60 MW, the project is being developed by Djibouti Wind Company, a special purpose company owned by four partners: Africa Finance Corporation (AFC), a pan-African fund dedicated to infrastructure development, based in Lagos, Nigeria; Climate Fund Managers (CFM), a climate investment fund manager Great Horn Investment Holding (GHIH), an investment fund set up for the development of Djibouti; and the Dutch Development Finance Corporation (FMO).



Source: Afrik21

[waldron] 21/5/2020 16:23

Brent Crude Oil NYMEX 36.07 +0.90%
Gasoline NYMEX 1.06 +0.23%
Natural Gas NYMEX 1.84 -3.61%
WTI 33.697 USD +0.51%


FTSE 100
6,015.25 -0.86%
Dow Jones
24,508.77 -0.27%
CAC 40
4,445.45 -1.15%
SBF 120
3,513.22 -1.10%
Euro STOXX 50
2,904.34 -1.41%
DAX
11,065.93 -1.41%
Ftse Mib
17,075.06 -0.80%


Eni
8.222 -2.46%



Total
32.77 -1.80%



Engie
9.91 +1.29%

Orange
10.3 -0.39%


Bp
311.9 -2.09%

Vodafone
128.8 +1.67%

Royal Dutch Shell A
1,304.2 -2.98%



Royal Dutch Shell B
1,245.4 -2.51%

[sarkasm] 21/5/2020 12:11

05/21/2020 | 10:49am BST

Goldman Sachs is positive on the stock with a Buy rating. The target price is still set at EUR 13.10.

[waldron] 21/5/2020 05:51

EU court rejects Nord Stream 2 challenge against gas rules
May 20, 2020 6:32 PM ET|About: Public Joint Stock Company ... (OGZPY)|By: Carl Surran, SA News Editor

The consortium developing the Nord Stream 2 gas pipeline says it has two months to appeal a decision by Europe's General Court rejecting its challenge against European Union rules on gas.

In dismissing the case, the court said Nord Stream 2 was not directly concerned by the changes to the EU's gas directive, as the rules were transposed and applied with some discretion by national governments, thus any complaint should be directed at the national level.

The ruling comes just days after Germany's energy regulator rejected Nord Stream 2's formal request for a waiver from the rule changes.

Gazprom (OTCPK:OGZPY) leads the Nord Stream 2 consortium, which also includes Uniper (OTC:UNPPY), BASF's (OTCQX:BASFY) Wintershall unit, Royal Dutch Shell (RDS.A, RDS.B), OMV (OTCPK:OMVJF) and Engie (OTCPK:ENGIY).

[waldron] 20/5/2020 16:36

Brent Crude Oil NYMEX 35.63 +3.10%
Gasoline NYMEX 1.06 +0.31%
Natural Gas NYMEX 1.94 -0.82%
(WTI) 32.855 USD +3.93%

FTSE 100
6,067.16 +1.08%
Dow Jones
24,620.05 +1.71%
CAC 40
4,496.98 +0.87%
SBF 120
3,552.37 +0.88%
Euro STOXX 50
2,946.01 +1.36%
DAX
11,223.71 +1.34%
Ftse Mib
17,232.39 +1.16%



Eni
8.429 +0.54%



Total
33.37 +1.26%



Engie
9.784 +0.53%


Bp
318.55 +1.40%

Vodafone
126.68 -0.30%

Royal Dutch Shell A
1,344.2 +2.67%



Royal Dutch Shell B
1,277.4 +2.19%

[waldron] 20/5/2020 16:02

Iron Ore 91.13 +0.48(0.53%)
Gold COMEX 1,752.00 +0.37%
Silver COMEX 18.05 +0.83%
Platinum NYMEX 937.40 +5.37%
Copper COMEX 2.46 +1.70%
Brent Crude Oil NYMEX 35.63 +3.10%
Gasoline NYMEX 1.06 +0.31%
Natural Gas NYMEX 1.94 -0.82%

FTSE 100
6,067.16 +1.08%
Dow Jones
24,620.05 +1.71%
CAC 40
4,496.98 +0.87%
SBF 120
3,552.37 +0.88%
Euro STOXX 50
2,946.01 +1.36%
DAX
11,223.71 +1.34%
Ftse Mib
17,232.39 +1.16%



Rio Tinto
4,286.5 +0.40%


Bhp
1,560 +1.17%


Anglo American
1,638.8 +1.80%



Glencore
153.78 -0.14%

[la forge] 19/5/2020 16:38

ENGIE EPS Mixed General Meeting: 1 July 2020 Without the Physical Presence of Its Shareholders, Investor Live Webcast to Follow
May 19, 2020 12:21 PM Eastern Daylight Time

PARIS & MILAN--(BUSINESS WIRE)--Regulatory News:

“Covid-19: the AMF informs shareholders and listed companies of exceptional measures taken for the organisation of shareholders' meetings”
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ENGIE EPS S.A. (“ENGIE EPS” or the “Company”;) (Paris:EPS), a technology pioneer and an industrial player in the field of energy storage systems and e-mobility, whose securities are admitted to trading on the regulated market of Euronext Paris (EPS:FP), informs its shareholders of the organizational arrangements of its mixed general meeting (the "AGM").

Given the context of the ongoing Covid-19 outbreak and in accordance with the Ordinance No. 2020-321 of 25 March 2020 of the French Government adapting the rules for convening and holding the meetings of shareholders and governing bodies of legal entities and entities without legal personality under private law due to the Covid-19 outbreak, the AGM will be held, without the shareholders and other persons entitled to attend being physically present, on Wednesday 1 July 2020 at 28, rue de Londres, 75009 Paris, at 10:30 a.m.

In accordance with the recommendations of the Autorité des Marchés Financiers (the "AMF")1, the shareholders are invited to exercise their right to vote remotely beforehand:

- by voting by correspondence using a voting form available on the Company's website www.engie-eps.com under Investors / Annual General Meeting 2020.
- by giving a proxy to a person of your choice or to the Company.

The preliminary notice of meeting (avis de réunion) will be published in the Bulletin des Annonces Légales Obligatoires "BALO" no later than 27 May 2020. It will contain the agenda, the draft resolutions as well as the details of participation and voting modalities for this AGM. The preliminary notice of meeting as well as the Board of Directors' report on the draft resolutions and legal information will be available on the Company's website www.engie-eps.com under Investors / Annual General Meeting 2020 , in accordance with legal and regulatory requirements.

The AGM will be recorded in its entirety and this recording will be available on the ENGIE EPS website under Investors / Annual General Meeting 2020. An investor live webcast with interactive Q&A session will take place after the AGM, starting at 11:30 am - the dial-in, webcast link and the presentation will be available on the Company’s website www.engie-eps.com under Investors / Annual General Meeting 2020.

[waldron] 19/5/2020 16:25

Brent Crude Oil NYMEX 34.51 -2.87%
Gasoline NYMEX 1.05 +0.51%
Natural Gas NYMEX 1.98 +1.75%
WTI 31.604 USD -3.14%


FTSE 100
6,002.23 -0.77%
Dow Jones
24,595.99 -0.01%
CAC 40
4,458.16 -0.89%
SBF 120
3,521.51 -1.35%
Euro STOXX 50
2,906.42 -0.39%
DAX
11,075.29 +0.15%
Ftse Mib
17,084.47 -1.82%



Eni
8.384 -3.15%


Total
32.955 -0.57%



Engie
9.732 -1.40%



Bp
314.15 -2.07%

Vodafone
127.06 +0.84%

Royal Dutch Shell A
1,309.2 -1.56%



Royal Dutch Shell B
1,250 -1.71%

[waldron] 18/5/2020 16:42

Brent Crude Oil NYMEX 35.46 +9.11%
Gasoline NYMEX 1.06 +7.55%
Natural Gas NYMEX 2.00 +8.89%
(WTI) 32.599 USD +6.95%

FTSE 100
6,048.59 +4.29%
Dow Jones
24,503.02 +3.45%
CAC 40
4,498.34 +5.16%
SBF 120
3,557.92 +4.72%
Euro STOXX 50
2,911.88 +5.20%
DAX
11,058.87 +5.67%
Ftse Mib
17,435.33 +3.46%



Eni
8.657 +1.61%


Total
33.165 +7.47%



Engie
9.822 +4.76%


Bp
320.8 +8.20%

Vodafone
126 +4.15%

Royal Dutch Shell A
1,330 +8.31%



Royal Dutch Shell B
1,271.8 +8.18%

[la forge] 16/5/2020 06:10

ENGIE amends its planning application for Rugeley Power Station with proposal to include new ‘All Through School’
Published:
Friday 15th May 2020 | 11.57am

The owner of the former Rugeley Power Station site, ENGIE, has submitted a revised planning application for the redevelopment of its site which includes the addition of either an All Through School (ATS) serving nursery pupils up to post 16 students or a stand alone primary school, along with new sports provision for both school and community use.

The revised outline planning application made to Cannock Chase Council and Lichfield District Council follows the granting in January 2020 of outline planning permission by both councils for the mixed-use redevelopment of the site.

The John Taylor Multi-Academy Trust is seeking government support for an All Through School on the site that would provide 52 nursery places, a 2 Form Entry Primary School, a 5 Form Entry Secondary School and post-16 provision for up to 200 students. The school would occupy 7.85 hectares of land.

If this is unsuccessful, the planning application amendment seeks a primary school as the second option occupying 2.5 hectares of land.

The All Through School would be located in the centre of the site near a proposed Solar Meadow providing solar energy to the redevelopment.

In addition to the educational provision, the amended application includes sports provision to supersede some of the facilities provided by the former Rugeley Power Station Sports and Social Club which closed in 2017.

The sports provision will cover an area of 2.26 hectares and will include a MUGA or Multi-Games Area, an adult all-weather football pitch, an adult grass football pitch, an under 15/16 years grass football pitch, a hard games area for sports including tennis, an indoor sports hall, a cricket pitch, and smaller pitches and an area for primary school use.

This provision will be shared by the schools and the wider community outside school hours as part of a proposed section 106 agreement with both councils.

The overall application to provide up to 2,300 dwellings and residential units and up to 5 hectares of employment land remains as approved with the granting of outline planning permission.

The full details of the amended application can be viewed at



Dean Piper, Head of Economic Prosperity at Cannock Chase Council said: “This revision marks a significant to change to the application and if approved by the Council’s Planning Committee would provide benefit to the community, not least in the aspiration to address the current challenges around secondary education provision in the town.

“The academy trust’s application for a free school has gained the support of Staffordshire County Council. If approved the ATS would open from September 2023 as part of the plans.

“Comments on the application can be made on the Council’s website using the above link or by email to [e-mail]. These need to be received by 15 June 2020.”