Biomass Energy

12 Jan 2024

Veolia Aims for 50% Increase in Green Energy Production

12 Jan 2024  by reuters   

A logo on the windows of the Veolia Environnement headquarters in Paris, France, February 9, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing Rights
Veolia (VIE.PA) wants to accelerate its energy sector development by the end of the decade by focusing on decarbonisation, local production and energy savings, its general director said on Thursday.

Estelle Brachlianoff told a presentation in London broadcast online the company had a target to increase its energy production capacity from biofuels and renewables by 50% by 2030 to 8 gigawatts (GW).

The company also wants to increase its ability to adapt to demand by increasing spare capacity, again by 50%, to 3 GW over the same time period.

Veolia aims to become the top district heating network operator in Europe by 2030, and also wants to lead in energy efficiency for buildings and industries in Europe and the Middle East, Brachlianoff said in the presentation.

Veolia produces energy from its operations in waste, waste management, hot and cold network management, energy efficiency for public buildings, industry and large infrastructure, such as hospitals and shopping centres.

Energy represented around 25% of the group's turnover in 2022, or around 10.5 billion euros, compared to 41% for water and 35% for waste.


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