{"id":33840,"date":"2024-06-26T00:01:35","date_gmt":"2024-06-25T22:01:35","guid":{"rendered":"https:\/\/reclaimfinance.org\/site\/?p=33840"},"modified":"2024-09-16T11:33:41","modified_gmt":"2024-09-16T09:33:41","slug":"power-moves-and-power-failures-report","status":"publish","type":"post","link":"https:\/\/reclaimfinance.org\/site\/en\/2024\/06\/26\/power-moves-and-power-failures-report\/","title":{"rendered":"Power moves and power failures report"},"content":{"rendered":"

The lack of a <\/span>thorough<\/span> regulatory framework for corporate reporting prevents a simple and coherent understanding of the transition plans of electricity producers. Yet, such a framework is essential to inform the <\/span>actors financing<\/span> their activities about the viability of their climate strategies. This report provides a comprehensive and robust analytical framework to evaluate and compare the <\/span>power utilities<\/span>\u2019<\/span> transition plans, applied to five of the leading electricity producers in Europe (Enel, ENGIE, EPH, Iberdrola, and <\/span>Statkraft<\/span>).<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n<\/div>

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None of the analyzed <\/span>power utilities h<\/span>a<\/span>s<\/span> commit<\/span>ted<\/span> to phase out fossil gas by 2035<\/span> as recommended by the International Energy Agency\u2019s \u2018Net Zero Emissions by 2050\u2019 scenario.<\/span><\/p>\n<\/div><\/div><\/div>