The U.S. power system is undergoing a period of rapid operational change, driven by rising electricity demand, increasingly complex market conditions, and the growing role of storage in daily grid operations. Battery assets that entered service only a few years ago were built for a different environment than the one operators now face. Markets are moving faster, regional rules are shifting frequently, and dispatch needs vary widely across ERCOT, CAISO, PJM, and MISO. In this environment, the core question for developers and operators has shifted from “How much storage can we build?” to “How easily can a storage system adjust to whatever comes next?”

The answer depends heavily on control and flexibility at the system level.

For more than a decade, many storage projects relied on control systems that were tied closely to a single hardware configuration. That approach worked when technology changes were slow and market structures were predictable. Today, it creates risk. A system built around one vendor’s architecture can make integration cumbersome, delay updates, and limit the operator’s ability to take advantage of new revenue opportunities. When market rules or reliability requirements shift, these rigid systems force operators into costly redesigns rather than simple adjustments.
Control, in this context, refers to the operator’s ability to tailor system behavior with precision. That includes how charge and discharge priorities are set, how assets respond to market signals, how safety parameters are configured, and how different components interact across the site. Flexibility is the companion attribute. It refers to the system’s capacity to incorporate new hardware, updated software, or revised logic without forcing a rebuild of the entire operational framework.

Both qualities influence the long-term value of a storage asset far more than nameplate capacity.

Across the industry, platforms with modular designs and open integration layers are demonstrating clear advantages. They allow operators to integrate different inverter types, battery suppliers, and control modules without compromising performance. They also allow updates to be rolled out quickly, which is essential when regulatory changes or new participation models emerge. A system that can be configured through software, rather than hard-coded hardware dependencies, reduces cost, shortens deployment timelines, and strengthens long-term operability.

High-speed data capture also plays a role. Detailed operational data collected at short intervals allows operators to pinpoint issues, adjust parameters, and validate system performance under different conditions. When paired with adaptive control logic, this data enables real-time decision-making that supports both grid needs and commercial objectives. Rather than relying on fixed assumptions, the system can respond dynamically to pricing, weather variability, or asset conditions.

At the site level, flexible EMS platforms support more accurate control of power flows, state-of-charge limits, and thermal constraints. At the fleet level, they allow operators to coordinate dispatch strategies, manage assets consistently across geographies, and maintain performance standards even as hardware differs from one project to another. This consistency is becoming increasingly important as storage portfolios expand across multiple ISOs and technology vendors.

ENGIE’s program to develop the BroadView EMS program platform reflects this engineering mindset. It was designed to operate multiple storage technologies, adapt to different site architectures, and support ongoing upgrades without disruption. With deployments across a growing number of U.S. and international projects, the system is demonstrating how a flexible design approach can support reliability, reduce manual intervention, and maintain consistent performance across diverse operating environments. The platform’s structure enables integration of new features, updated market logic, and evolving hardware configurations while preserving operational continuity.

The broader point is straightforward. Storage systems that rely on rigid, vendor-specific architectures will struggle to keep up with a power system that is changing monthly, not annually. Systems built for adaptability will not only remain functional longer but will deliver greater value over their lifetime. The ability to reconfigure, update, and optimize a storage asset without major redesign is rapidly becoming a core determinant of performance and competitiveness.

Control and flexibility are now essential design attributes, not optional enhancements. They determine how well a storage system can respond to market changes, regulatory adjustments, reliability needs, and new business models. As the demands on the U.S. grid continue to expand, these capabilities will separate assets that remain valuable from those that fall behind.

Battery storage is no longer defined by capacity alone. It is defined by how effectively the asset can be configured, improved, and aligned with system needs. Operators who prioritize control and flexibility today will be better positioned to navigate the complexity, pace, and variability that now characterize the U.S. power sector.

ENGIE North America (ENGIE) announced it has entered into an agreement with Prometheus Hyperscale (“Prometheus”), a leading sustainable hyperscale data center developer. Together, they will co-locate data centers at select renewable and battery storage energy facilities along the Texas I-35 corridor.

Under the exclusive agreement, Prometheus will deploy its high-efficiency, liquid-cooled data center infrastructure alongside ENGIE’s renewable and battery storage assets. The first sites equipped with high-performance, AI-ready data center compute capacity are expected to go live in 2026, with more locations planned from 2027 onward.

This alliance brings together ENGIE’s deep expertise in renewables, batteries, and energy management and Prometheus’ highly efficient liquid-cooled data center design to meet the growing demand for reliable, sustainable compute capacity — particularly for AI and other high-performance workloads.

“ENGIE is focused on delivering solutions to meet the growing demand for power across the U.S., with a strategic focus on enabling data center expansion. By leveraging our robust portfolio of wind, solar, and battery storage assets — combined with our commercial and industrial supply capabilities and deep trading expertise — we’re providing integrated energy solutions that support scalable, resilient, and sustainable infrastructure,” said David Carroll, Chief Renewables Officer and SVP, ENGIE North America. “Our collaboration with Prometheus demonstrates our shared approach to finding innovative approaches to developing, building and operating projects that solve real world challenges.”

“Prometheus is committed to developing sustainable, next generation digital infrastructure for AI,” said Bernard Looney, Chairman of Prometheus Hyperscale and former CEO of bp. “We cannot do this alone – ENGIE’s existing assets and expertise as a major player in the global energy transition make them a perfect partner as we work to build data centers that meet market needs today and tomorrow.”

To meet those needs quickly, Prometheus will work with Conduit, an on-site power generation provider, for near-term bridging and back-up solutions. The alliance will also enable tenants to offset project-related carbon emissions through established market-based mechanisms.


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About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than $10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. For more information on ENGIE in North America, please visit our website at www.engie-na.com or our LinkedIn page at www.linkedin.com/company/engie-north-america-inc.

About Prometheus Hyperscale
Prometheus Hyperscale puts energy first in powering the age of intelligence. By harnessing cleaner energy, Prometheus is building next-generation, liquid-cooled hyperscale data centers to deliver sustainable, efficient, and scalable infrastructure for AI and the digital economy. Led by seasoned energy executives and deeply experienced data center developers, Prometheus uses proprietary geothermal technology that enables zero water use, setting a new standard for sustainable infrastructure. Prometheus is redefining how data centers are built—driving innovation, sustainability, and speed to unlock a cleaner, smarter future. To learn more, visit PrometheusHyperscale.com or our LinkedIn page at https://www.linkedin.com/company/prometheus-hyperscale.


Media Contacts

ENGIE North America
Michael Clingan, External Relations
Michael.clingan@external.engie.com
(832) 745-6057

Prometheus Hyperscale
Abby Pick
Abby.pick@prometheushyperscale.com

Access the report


Business Energy Census Highlights Rising Prices,
Volatility, and Shifting Strategies

HOUSTON – ENGIE North America (ENGIE), announced today, in collaboration with Energy Research Consulting Group (ERCG), the release of the 2025 North American Business Energy Census. This third annual report offers valuable market insights and opinions from over 100 aggregators, brokers, and consultants (ABCs), representing approximately 760,000 end-use customer locations.

“During uncertain times, our role as a retail energy supplier provides a critical link between supply and demand,” said Anne-Laure Chassanite, chief executive officer at ENGIE Resources. “Through our steadfast commitment to renewable energy and recognizing voice of customer, we navigate market volatility and help assure a sustainable and resilient future.”

Drawing insights from over 100 survey respondents, ENGIE’s Business Energy Census report highlights the evolving energy sector and the growing importance of strategic energy management for organizations of all sizes. Survey participants include a spectrum of energy management advisor roles with a diverse client base across commercial, industrial, and institutional sectors.


The 2025 Business Energy Census identifies several trends that indicate heightened volatility and uncertainty in the energy market, including:

  • Energy’s Strategic Role: A slight shift in priorities, with 10% of respondents reporting that energy had become less strategic among their end-user clients.

  • Forecast of Rising Prices and Volatility: Expectations of increased volatility in natural gas and power prices.

  • Green Premium Acceptance: A softening in demand for renewable energy with price premiums.

  • Strengthening Regulatory Support: Increasing awareness among ABCs regarding the need for more advocacy and efforts to improve regulatory frameworks.

  • Energy’s Impact on Mergers and Acquisitions: Intensification to secure reliable, affordable, and sustainable energy sources, setting the stage for strategic consolidations and investments.

  • Addressing Market Information Challenges: A slight decline in the perception of the availability of quality market information among ABCs.

Based on the 2025 Business Energy Census results, customers and partners can find observations that highlight the evolving complexities and strategic importance of energy management across diverse business sectors. The report underscores the need for agile and forward-thinking strategies to navigate increased volatility and geopolitical tensions and support the development and delivery of green energy solutions for power and gas customers.

As an affiliate of ENGIE North America, ENGIE Resources aims to deliver journey-specific insights from diverse firms across various geographical locations, revenue brackets, and business models.

Based in Boston, ERCG provides business intelligence and consulting services to energy market participants on entry strategies, investment opportunities, and market & policy dynamics. “Energy ABCs have a front row seat to the rapidly changing economic and political environment – and their impacts on end-use customers,” said Young Kim, Principal. “The annual Business Energy Census gives us a powerful tool to analyze year-over-year changes in sentiment. We are proud to partner with ENGIE Resources to keep our fingers on the pulse of the business community.”

Get instant access to the report by filling out the fields below.

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About ENGIE North America

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than $10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges.

For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.linkedin.com/company/engie-north-america-inc and twitter.com/ENGIENorthAm.

Media Contacts:

ENGIE North America: Michael Clingan, michael.clingan@external.engie.com, (832) 745-6057

As our industry evolves, there is more interest than ever in integrating artificial intelligence (AI) and other digital energy solutions into operations. However, choosing technology solutions is not a one-size-fits-all approach. Instead of merely examining the existing out-of-the-box technology, we should examine the specific challenges we encounter in our business and develop customized digital solutions to address these issues more effectively.

Solving complex problems with custom solutions is what led us to develop the IoN Platform, our suite of comprehensive custom applications that fill the gap where off-the-shelf programs fall short.


An overview of the IoN platform

The IoN platform is a comprehensive suite of tools that include 17 custom-built applications which enhance efficiencies in our day-to-day operations and unlock valuable data insights for critical business decisions. The IoN has continuously evolved over the past five years and now has over 3,500 registered users within our organization. The platform is built upon Azure, Microsoft’s cloud computing platform that provides secure, scalable and reliable infrastructure. Azure empowers us to deliver top-notch performance, innovate faster and ensure seamless operations for our users.

The primary goal of the IoN is to deliver impactful solutions for tackling complex business challenges, allowing us to leverage data-driven insights to achieve outcomes beyond what standard off-the-shelf products can offer. Some of our digital energy solutions offered include:

  • Access & permission management
  • Custom applications
  • Real time data acquisition
  • Automated processing including risk management
  • Streamlined data-sharing with external partners
  • Cloud-based reporting
  • Generative AI solutions
  • Safety and observation tracking

The IoN has become a beacon of innovation within ENGIE because it empowers our business to address specific business needs and conquer unique challenges with confidence through tailored digital energy solutions.

Tracking a project from its ‘INCEPTIoN”

One of the IoN’s flagship programs is INCEPTIoN, a metadata platform designed to unify different data sources into a single, centralized location. What began as a construction tracker for projects in development has evolved into a digital solution to track the entire project lifecycle. From prospect planning to commercial operations, INCEPTIoN seamlessly integrates key project data from tools used along the way such as Microsoft Project Online, Procore, Radian, Salesforce, SAP, ArcGIS, Smartsheet, and more, ensuring streamlined workflows and enhanced efficiency

The journey from concept to execution often spans years, accumulating numerous intricate components and extensive data along the way. One project to recently make its way through INCEPTIoN was Chillingham Solar, our largest solar project in operation in North America at 350 MW, which started in February 2023 and had its ribbon-cutting ceremony in Bell County, Texas in April 2025.

From greenfield prospects (projects built from scratch without any constraints from previous projects) to acquisitions, development, construction and operations, INCEPTIoN provides a comprehensive view of our project portfolio, enabling teams to access critical information at every stage. Moreover, having all the historical data centralized in one place ensures that valuable insights are preserved and easily accessible, facilitating better decision-making and strategic planning. When there is a new project, a project shell is created in INCEPTIoN. From there, the project will automatically link to all available external applications used throughout the lifecycle of the project, from asset management, financials, mapping, power marketing and others in between.

Tailoring insights for every team

One of the standout features of INCEPTIoN is its customized views, specifically tailored for different user groups. Whether groups require custom dashboards or a project-specific view, INCEPTIoN displays data visualizations in a way that meets their needs. This flexibility plays a vital role for teams working across various aspects of a project — ranging from power marketing to site operations managers — helping them stay informed and efficient.

Here are a few ways the tool has improved efficiency:

  • Power marketing dashboard: This dashboard provides a clear view of where we stand in the pipeline for deals with partners on Purchase Power Agreements (PPAs). It offers detailed insights into these PPAs, enabling users to easily track progress and access relevant deal information.
  • Project risk register: The digitized risk register allows us to manage risks more effectively by providing a centralized database for risk documentation and analysis. Digitizing risk in a database enables our teams to analyze, compare, and understand better, fostering more informed decision-making and strategic planning.
  • Safety metrics integration: Safety data is integrated from Procore, providing leading and lagging indicators for the construction phase of projects. This integration helps us maintain a pulse on safety performance.
  • Environmental data display: Environmental information is displayed through an embedded view, integrating data from Smartsheet used by our developers. This feature helps us track sustainability, as well as compliance metrics and targets.

When it comes to our digital transformation, we must not remain stagnant. Continuous improvement is key. We actively seek feedback from users and incorporate their suggestions to enhance the tool’s functionality. This iterative approach rooted in Agile methodology ensures that the tool remains relevant and effective in addressing our evolving needs.

Innovation that drives impact

To meet rising energy demand, custom innovation is key. INCEPTIoN enhances efficiency while aligning projects with business goals.

Looking ahead, we are excited to expand the IoN, delivering cutting-edge solutions that streamline data, processes, and customization.

Business highlights

  • Robust activity in Renewables & BESS, with 8.5 GW under construction across more than 100 projects at the end of March 2025
  • Acquisition of two hydropower plants in Brazil (612 MW) and a portfolio of Renewable assets in the United Kingdom (157 MW)
  • Award of a new electric substation in Chile
  • Closing of the nuclear transaction in Belgium

Financial performance

  • EBIT excluding nuclear at €3.7bn, an organic increase of 2.1%, mainly driven by Infrastructures and favorable timing effect
  • Cash Flow From Operations1 at €4.0bn in Q1 2025
  • Maintaining a solid balance sheet with an economic net debt/EBITDA ratio down to 3.0x
  • Economic net debt reduced by €1.8bn
  • FY 2025 guidance confirmed with NRIgs2 expected in a range of €4.4-5.0bn

 

For more information on the Q1 Results visit our global page >> https://www.engie.com/en/news/2025-first-quarter-results

Responsible and sustainable land use is essential to the development and operation of solar projects. Our asset teams have a deep understanding of the long-term impacts of land use and ensure that while we harness clean energy, we also preserve the land’s future usability for generations to come. However, we don’t need to wait to implement these innovative, sustainable land management practices. We are developing best practices in solar farm management by implementing agrivoltaics and ecovoltaics.

Ecovoltaics is a practice that considers all environmental and ecological benefits in solar energy production and agrivoltaics is the practice of integrating agricultural activities with solar energy production. While these practices are in their early stages, they are already showing promising results. These approaches not only optimize the use of land but also enhances its sustainability and biodiversity.


Agrivoltaics and ecovoltaics overview

By incorporating agrivoltaics and ecovoltaic practices into solar farm development, we can optimize sustainable land use to support biodiversity and local agriculture. From livestock grazing to planting pollinator-friendly habitats, here are a few key practices.


Agrivoltaics: Combining agriculture and energy production

Sheep grazing

Our Anson Solar site in Texas has integrated sheep grazing, which has led to better land management, reduced mowing costs, and enhanced vegetation health. Sheep grazing promotes soil health by naturally fertilizing the land and preventing soil erosion, contributing to the overall sustainability of the project.

Mowing can be incredibly expensive, so using sheep for vegetation management can be a cost-effective and sustainable alternative. Per acre, mowing costs are typically almost double the amount of sheep costs annually. Additionally, the solar panels create shade and temporary shelter for the animals, so they can be protected from the elements as they do their hard work.

Cattle grazing

Integrating cattle grazing without changing pile heights (steel beams that are drilled into the ground and support the racking system that attach to the panels) can be another cost-effective solution. Keeping pile heights the same is a newer concept. While the more common thought is that companies do need to raise pile heights, ENGIE is working with a company who has maintained current pile height with success. To limit steel costs, we will continue to explore this as an option for the future.

Landowners regularly ask to incorporate cattle grazing onto our sites, so this provides an opportunity to not only integrate agrivoltaics but also to collaborate with our key stakeholders. This practice has been successful in other regions and is being considered for our future projects to further enhance land use and sustainability.

Ecovoltaics: A holistic approach

When solar projects put ecosystems first, they contribute to environmental protection and biodiversity. Ecovoltaics is an umbrella term encompassing all nature-based solutions integrated into photovoltaic systems. This holistic approach to clean energy development ensures that projects are sustainable and beneficial both the environment and the community.

From the way water falls off solar panels to how the shade cools the grass underneath, many facets of solar energy production lead to environmental benefits. Micro-climates can exist underneath panels that attract insects which improve the pollination of nearby crops; and a diverse mix of native plants decreases erosion, nourishes the soil, and increases intake of carbon (CO2).

Our Ramsey Renewable Station project was recognized by the New York Times for its integration of best practices that promote biodiversity. In a world where North American birds are down almost 30 percent since 1970, 73 species of birds were documented at our Ramsey site — presumably attracted by the buffet of seeds and insects. Some build nests in the structures supporting the panels.

It is critical to take an intentional approach to integrating agrivoltaics into any site. Consideration should be given to how each facet of the land may relate to each other, and how the land will be sustainably maintained over time. For example, by establishing vegetation that is tailored to our individual sites before introducing sheep for grazing, we can ensure that the land is managed sustainably and efficiently.

Pollinator habitats

Pollinator habitats are another significant aspect of ecovoltaics. Incorporating native plants, which pollinators are attracted to, increases the likelihood of plant pollination — supporting biodiversity and improving ecosystems. By providing essential resources for the pollinators, these habitats improve crop yields and enhance the resilience of local agriculture.

Working with local vegetation experts to create pollinator habitats is key. We collaborate with experts who understand the local vegetation to integrate native plants into our seed mixes on our sites. This provides essential habitats for our pollinators such as bees, insects, butterflies, and other species which are crucial for our ecosystem

At our Sun Valley Solar project, we collaborate with a local beekeeper (who keeps the honey) to establish pollinator habitats, contributing to the health of the local ecosystem. The organization BeeOdiversity works with us to analyze pollen from the bees to understand which plants the bees are visiting. This can help predict future successful biodiversity and seed growth.


Community involvement

Community involvement is also a key component of successful agrivoltaics projects. Engaging landowners and stakeholders early in the development process ensures project success and fosters community support.

Collaboration with landowners and our communities helps us develop grazing management plans and other strategies that benefit both the environment and the community. For example, a rancher in Kentucky suggested integrating sheep grazing on an ENGIE solar site. By listening to the needs and wants of our landowners, we are able to create a project that meets their expectations, strengthens our relationship, and ensures long-term success.


Challenges and future goals

Implementing agrivoltaics is not without its challenges. These include upfront cost differences, insurance considerations, water sources, and wide-spread commitment. Despite these obstacles, the benefits such as long-term cost savings, environmental advantages, and improved community perception make agrivoltaics a worthwhile investment. Addressing these challenges requires a comprehensive approach that can include policy development, stakeholder engagement, and continuous learning from successful implementations.

To further enhance the effectiveness and efficiency of agrivoltaics, integrating advanced monitoring systems and adaptive management practices could also be beneficial. We are continuously researching and exploring different ways to integrate best practices into our projects. Additionally, some regions like California are beginning to incentivize agrivoltaics by requiring its implementation for solar project permits.


Setting industry standards

Agrivoltaics should be an aspiring industry standard across solar projects. At ENGIE, we have formed a Land Stewardship Working Group, with a goal to develop a policy or written framework that can be standardized internally and shared externally. This framework will outline criteria for our sites and guide the implementation of nature-based solutions tailored to each specific location. By setting industry standards, projects can benefit from shared knowledge and best practices, promoting continuous improvement and innovation.


The lasting impact of agrivoltaics

We must be stewards of the land we use and leave our ecosystems better than when we found them. Integrating innovative and sustainable solutions into solar energy projects through agrivoltaics maximizes land use, supports biodiversity, and enhances community acceptance. By embracing nature-based solutions, we are not only protecting and restoring ecosystems but also setting a new standard for our industry.

As we move towards adopting agrivoltaics as a standard practice, our focus must remain on creating a lasting positive impact. We need to build an energy infrastructure that supports our ecosystem, not degrades it. By prioritizing sustainability and community engagement, agrivoltaics can lead the way to a more resilient and sustainable energy sector.

The United States is experiencing an unprecedented surge in power demand as data center, AI and crypto technologies are expanding. The need for reliable and sustainable energy sources has become more pressing as these facilities require significant amounts of energy at all times. With AI driving innovation and increased energy consumption, it is imperative that the nation continues to invest in clean energy solutions to ensure reliability and to meet the unprecedented growing demand. The result of this investment is jobs across the chain for the industry, economic development in the communities we serve, and much needed upgrades to our infrastructure.

The Growth of Clean Energy

Driven by the near-term demand for inexpensive and available generation sources, clean energy is growing in the United States. Renewables now account for nearly 25% of the energy mix in the United States, a figure that continues to rise as investments pour into the sector. The pace of renewable capacity installations is forecasted to double between 2024 and 2030. 1

Solar projects in the US hit record breaking years in 2023 and 2024 and accounted for 66% of all new generating capacity in 2024. 3

Globally, renewable electricity generation is forecast to climb to over 17 000 terawatt-hours (TWh) by 2030, likely accounting for half of the global energy generation. Investment in electric power surpassed other energy projects in 2019, and the gap continues to widen. 2

The competitive costs of renewable energy technologies, combined with the long-term savings on fuel and maintenance, make clean energy an economically viable and attractive option for meeting the near and long-term growing power demands. As technology continues to advance, the efficiency of these power sources will only improve, further driving down costs and making clean energy more accessible and immediately available at scale and across the country. The U.S. needs to take a strong “all of the above” approach to generation deployment of which renewables and clean power are positioned to meet this moment of need.

The Role of Power Purchase Agreements (PPAs)

Power Purchase Agreements (PPAs) are also playing a crucial role in the growth and stability of the renewable energy sector. These long-term contracts between energy producers and consumers guarantee that a predetermined amount of energy will be purchased at a fixed price. By providing financial certainty and stability, PPAs have encouraged investment in renewable energy projects and support their long-term viability.

PPAs mitigate the financial risks associated with renewable energy projects by ensuring a stable revenue stream for energy producers. This predictability attracts investors and lenders, who are more likely to fund projects with guaranteed returns. Consequently, PPAs drive the development of new renewable energy facilities, contributing to the overall expansion of the sector.

Supporting Demand
On the buyers’ side, PPAs offer businesses and organizations a reliable and cost-effective source of renewable energy. By locking in energy prices for the duration of the contract, buyers can hedge against future price fluctuations and reduce their exposure to volatile energy markets while also contributing to their sustainability or clean energy commitments. This investment is particularly valuable for large energy buyers, such as data centers and industrial facilities.

PPAs also help facilitate the integration of renewable energy into the power grid. By providing a guaranteed market for renewable energy, PPAs encourage the development of infrastructure needed to support renewable energy generation. This includes investments in grid enhancements, energy storage solutions, and smart grid technologies that improve the efficiency and reliability of energy distribution.

The Role of AI in Power Demand

Cloud computing and the rapid emergence of artificial intelligence (AI) has contributed to exponential growth and increasing power demand in the United States. AI technologies can require significant computational power, leading to higher energy consumption. Data centers, which are the backbone of AI operations, consume vast amounts of electricity to process and store data. As AI applications expand across industries such as healthcare, finance, and manufacturing, the demand for power will continue to grow. Each of the major players within the space, are driving towards gaining their own competitive advantage over one another in a race to deploy much needed DC (direct current) capacity, thus driving forecasted and confirmed load growth to unprecedented levels.

Optimizing Energy Use with AI
While AI contributes to the rising power demand, it also offers solutions for optimizing energy use. AI can be employed to enhance the efficiency of renewable energy systems, predict energy consumption patterns, and manage power distribution. By leveraging AI, the clean energy sector can maximize its potential and ensure that the power grid operates at optimal levels.

Diversifying the Energy Grid
Designing better and more efficient power sources is essential for diversifying the energy grid. A diversified grid reduces the risk of over-reliance on a single energy source and enhances the overall resilience of the power system. Clean energy provides a balanced mix of power that meets the varying demands and at a rapid pace in the very near-term. Integrating renewable energy into the existing power grid requires careful planning and coordination by key stakeholders.

Advances in energy storage technologies, such as batteries and pumped hydro storage, are critical for managing the intermittent nature of renewable energy sources. By storing excess energy during periods of low demand and releasing it during peak times, these technologies ensure a steady and reliable supply of power. These technological advancements improve the grid to be smarter and more diversified, so that it can meet the increasing load growth.

Collaboration to Meet Energy Demand

The successful deployment of clean energy projects requires collaboration among hundreds of stakeholders. Landowners, local government agencies and regulators, partner companies, technology suppliers, and the buyers, either utilities or corporate purchasers, must work together to achieve the growing demand for clean energy solutions. Policy incentives, technological advancements, and public awareness are essential components in driving towards a reliable and sustainable energy future. Education, outreach and community engagement programs help raise awareness about the vast number of benefits that these projects bring.

Local Impacts of Clean Energy Projects

Renewable energy projects have far-reaching economic impacts on communities, fostering local development and job creation. These projects stimulate the local economies by generating employment opportunities in construction, maintenance, and operations of renewable energy facilities. Additionally, they often require support services such as engineering, legal, and management roles, further diversifying the job market and resulting in significant direct, indirect and induced benefits, oftentimes in rural areas of the United States which often have less access to diversified jobs and industries of growth.

In rural areas, utility-scale renewable energy projects provide a stable source of income for farmers and landowners through leases and royalties for land use. The integration of renewable energy into local grids also leads to energy resilience, ensuring that communities have access to reliable and affordable power, which is crucial for economic stability and growth. Working with local communities is paramount to the success of a project as each community has unique needs and concerns for which these investments have proven impactful to provide updated school buildings or local services, ability to invest in teaching staff and curriculum, or even supporting local sports and activities for the next generation growing up in these communities.

The Path Forward

The demand for power generation in the United States presents both challenges and opportunities. We will need all available technologies to meet demand and achieve the energy transition. A balanced energy mix is essential to ensuring the flexibility and efficiency of the energy system. By embracing renewable, clean energy and leveraging the potential of AI, the nation can ensure a sustainable and resilient energy future.

As the demand for energy continues to rise, the importance of investing in and supporting renewable energy cannot be overstated. Together, we can build a future where clean energy powers our homes, businesses, and industries, ensuring a prosperous and sustainable tomorrow.

Sources:

1. Renewables 2024 – Analysis – IEA
2. Economic Growth Now Depends on Electricity, Not Oil – WSJ
3. Solar Market Insight Report 2024 Year in Review – SEIA
4. World Energy Outlook 2024 – Analysis – IEA
5. EnergyConnects.com
6. US National Power Demand Study – 2025
7. www.IEA.org
8. www.bcse.org
9. USSMI-2024 YIR-Executive Summary

It is estimated that the world will need more than 93 million miles of transmission lines, the distance between the Earth and the Sun, to face future power needs (IEA, 2023). Over the past 120 years, 50 million miles of transmission lines have been developed, but experts say we will need an additional 40 to 50 million miles in the next 30 years to keep up with growing demand.

The impact of increased electrical consumption and renewable energy
This rising development is due to increased electrical consumption (electric vehicles, data center development, AI acceleration, etc.) and the evolution of renewable energy sources. Renewable energy sources now allow us to focus on developing generation in the places where it is most efficient to do so, instead of having to necessarily be close to our direct customers. In the past, generators were incentivized to develop thermal plants as close as possible from the consumption area to enable better cost efficiency. But today, with renewable energy sources, the focus is generation efficiency. This opens up more options, such as choosing a wind corridor or vast enough land in the desert to deploy a solar plant.

Distance is a major factor to the current delay in keeping up with power demand, as transmission line buildout cannot keep up. This is a huge challenge that we, as an industry, need to prioritize — helping to facilitate faster infrastructure and power generation development. It is critical that we work together to accelerate our decisions and investments to help face these challenges.

Balancing generation and demand
Even if we are successful at accelerating the extension of transmission lines, the operation of our power grid is still a huge roadblock. Increase in power usage, coupled with intermittent renewable power generation, challenges the balance between generation and demand.

The need for energy storage solutions
There’s no doubt that providing power to cover the demand peak in our future is an issue that keeps us up at night. We all know power is very difficult to store, but something must change. We must look at assets that enable flexibility on the grid, such as battery storage or pumped storage, but let’s not forget the importance of green or low-carbon gas. The energy transition needs the alliance of the electron and the molecule. It is important for us to work together, and center the business model, to develop assets involving the synergy between gas and electricity. The affordability and feasibility of the transition depends on it.

The role of gas in the energy transition
Recent pragmatic policies have emerged, calling for new thermal plants to be built (such as in Texas or in the United Kingdom). It is believed that we cannot handle the demand peak, and keep energy affordable, without gas-fired plants until well into the transition. With these gas-fired plants, we should remain open to “hydrogen ready” options, as well as the maturement of renewable gases such as biomethane and e-methane.

Reviving the debate on underground gas storage
The important role gas can play in meeting power demand has also revived the debate around underground gas storage. Embedded in the natural gas seasonal economy, storage is often forgotten in future planning. It has the capability of providing fast cycling services, enabling a mid-term storage delivery (storing gas for several days with the aim for it to become power) which is a smart complement to batteries (storing power for several hours).

Proven solutions for reliable grid service
The industry must consider solutions that are proven to deliver reliable service to the grid — supporting peak generation. At ENGIE, we operate fast cycling storage in the United Kingdom and are actively working on a Hydrogen Underground Storage Business Model with the UK government. As we investigate opportunities to assist with transmission and grid congestion, we must take into consideration lead time on the execution of solutions (such as underground storage), as well as the regularity of investment decisions to enable a delivery at the right time.

Shaping the future of energy
At this moment, it’s exciting to work in the energy industry, as we have been given the opportunity to collaboratively shape the energy systems of the future. By utilizing renewables sources for generation efficiency, looking at assets that enable flexibility on the grid, remaining open to hydrogen-ready options, and valuing underground gas storage, we are empowering low-carbon energy solutions to meet the unprecedented demand for power and facilitate faster infrastructure and power generation development.

The evolving dynamics of the energy sector present both new opportunities and unprecedented risk for our customers. No two days are alike in the energy market, so it is imperative to help customers navigate their risk and make the most from the energy value chain. A one-size-fits-all approach is no longer a viable way to consider sourcing your energy. Customers need more sophisticated offerings; tailored, flexible solutions based on their unique risk tolerance and budget. 

Understanding risk tolerance
Understanding risk tolerance or risk appetite in energy is similar to how risk is considered in other financial investment decisions. For example: do you want to put 90% of your investment into a more volatile stock market? Or are you more comfortable with a diversified approach and consider bonds and other more secure financial vehicles? Energy sourcing should be considered with this same lens by considering the volatility of energy prices and weighing what is appropriate for their business drivers. For example, customers that are typically more risk averse may find that a fixed price solution is best to maintain a degree of budget certainty. On the other hand, customers that are more comfortable riding the ebbs and flows of the energy market may find that an index price solution (with price locks) might better match their higher risk tolerance.

Custom, tailored solutions
Proactively identifying opportunities across the energy value chain and delivering tailored solutions is crucial to customers. This involves understanding key criteria such as budget considerations, target goals, current strategies and aspirations for improvement. Considering the needs of the customer results in meaningful energy solutions that address specific needs. A prime example of a customized solution is a multi-year retail energy supply agreement that addresses price, risk and specific objectives. Such agreements can provide flexibility and stability by locking in prices for a portion of usage while allowing the remaining usage to float at the current market index price. In this agreement, a pilot program implements a process for all transmission and ancillary services billed directly from ENGIE instead of the local utility, with charges based on actual demand. As such, the venues can take advantage of savings that stem from their distinctive peak load characteristics versus higher pooled costs.

Importance of sustainability
Renewable energy is growing at an unprecedented rate, and organizations have set aggressive goals for sustainability including ambitious target dates for net zero carbon emissions. By integrating renewable energy into tailored solutions, we empower customers to meet or exceed their sustainability energy goals. Embracing sustainability in energy procurement is not just beneficial for our environment; it is a strategic move to ensure resilience. Matching energy consumption with renewable energy credits (RECs) can help companies achieve their set targets while meeting their current energy demands. This approach can bring the benefits of renewable energy to businesses of all sizes, regardless of market location and structure. ICA Miami is matching 100% of its consumption with RECs (renewable energy credits) which is a greenhouse gas emissions reduction equivalent of 1,352 metric tons of CO2.

Providing support
It is essential to offer customers responsiveness, timely pricing and helpful tools to manage their energy usage and spending. Leveraging energy expertise can bring valuable insight to the table. For example, the utilization of wholesale markets and structuring risk management products based on customer objectives can ensure further financial security in energy procurement.

Another year of strong operational and financial performance
Proposed dividend of €1.48 per share for 2024


Business highlights

  • Record level of activity in Renewables with 4.2GW added in 2024, bringing total capacity to 46GW1
  • Acceleration in battery storage with more than 5GW of capacity in operation or under construction at 31 December 2024
  • Expansion in power transmission with the award of close to 1,200km in Brazil and Peru
  • Continuous progress in our Net Zero 2045 trajectory with a 55% reduction in GHG emissions from energy production compared to 2017 to 48Mt in 2024.
  • Approval by the European Commission of the final agreement on Belgian nuclear

 

Financial performance

  • High end of the 2024 Guidance achieved with NRIgs2 of €5.5bn, an organic increase of 3.4%
  • EBIT excluding nuclear of €8.9bn, down 5.6% organically versus a high 2023 basis for comparison
  • Strong CFFO3 generation at €13.1bn
  • Maintaining a solid balance sheet with economic net debt to EBITDA ratio at 3.1x stable vs. end-2023
  • Net financial debt and economic net debt at €33.2bn and €47.9bn respectively
  • Proposed increased dividend of €1.48 for 2024, corresponding to a pay-out ratio of 65%


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