Engie CFO Says Renewables Behind First-Quarter Profit Gain

The video discusses the company's financial performance, highlighting growth driven by renewables and international networks. It outlines the strategy to simplify the business and capitalize on renewable energy opportunities, aiming for carbon neutrality by 2045. The discussion covers the impact of carbon pricing, the role of hydrogen, and infrastructure development plans. The company is confident in managing assets and focusing on strategic goals to support the energy transition.

What were the key contributors to the company's growth in the first quarter?

• Renewables and European power prices

• Hydropower and wind energy

• Natural gas and coal

• Nuclear energy and oil

By what year does the company aim to achieve zero carbon emissions?

• 2060

• 2050

• 2045

• 2030

Which fuel is considered a transition fuel but is now seen as less favorable?

• Natural gas

• Oil

• Nuclear

• Coal

What is the potential risk associated with high carbon prices in Europe?

• Increased reliance on coal

• Financial market-driven issues

• Decreased investment in renewables

• Higher oil prices

When is hydrogen expected to become economically viable according to the company?

• 2025

• 2030

• 2040

• 2050

What is the company's plan for its non-core assets?

• Retain and expand them

• Sell them to focus on core activities

• Lease them to other companies

• Convert them to renewable energy sources

How does the company plan to support the energy transition?

• By investing in renewable energy and infrastructure

• By increasing coal production

• By reducing electricity prices

• By focusing on nuclear energy