Infrastructure and Generation
ENGIE is a key power producer and leader in the energy transition, with expertise in distributed, renewable and low carbon energy technologies.
Flexible and Renewable Power Generation in the UK and Ireland
ENGIE in the UK is a key electricity generator with a merchant generation fleet of 12 operational assets with a total capacity of 2,189 MW.
This fleet includes First Hydro, the 2 GW pumped storage operation in Snowdonia in North Wales. First Hydro provides a fast and reliable source of electricity that helps balance the nation’s electricity supply during peak times, while its flexibility is important for integrating increased renewable capacity, helping the UK meet its carbon reduction targets at lowest cost to the consumer.
In addition to eight operational wind farms and one operational solar park, ENGIE has a pipeline of wind and solar projects at various stages of development in the UK and Ireland. Furthermore, ENGIE has a 23.3% stake in the Moray East offshore wind farm, which has been awarded a 15-year Contract for Difference (CfD) and is due to become operational in 2022. ENGIE also operates a number of embedded CHP assets and district energy schemes.
ENGIE also has a trading business which trades UK power, UK gas and EU carbon to manage the commodity price exposures associated with its generation assets and retail market position.