technology

Engie Reports Slower Renewable Growth Due to US Permitting Delays

31 Temmuz 2026Bllomberg
  • French utility Engie SA is experiencing a temporary slowdown in its growth of renewable energy and battery storage this year. This is primarily due to delays in the permitting process in the US, as noted by CEO Catherine MacGregor.
  • Despite an increasing demand for power, the slow pace of approvals is hindering the company's expansion efforts.
  • The current permitting delays in the US reflect broader challenges faced by renewable energy companies, particularly in navigating regulatory frameworks that can be slow and cumbersome. Engie's situation is a microcosm of the larger industry struggle to meet ambitious climate goals while contending with administrati…
  • The slowdown in renewable additions by Engie highlights the significant impact that regulatory processes can have on the energy transition. With increasing power demand, the need for efficient permitting becomes even more critical.
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This article is based on information available as of October 2023 and may not reflect subsequent developments.