Engie, Legrand sign France’s first 24/7 renewable energy supply deal
AI Analysis
Summary
<p>Engie says the supply agreement, concluded for 2029 to 2031, is the first of its kind in France. The deal will see Engie match renewable electricity production and offtaker consumption for Legrand on an hourly basis.</p> <p>The post <a href="https://www.pv-magazine.com/2026/08/03/engie-legrand-sign-frances-first-24-7-renewable-energy-supply-deal/">Engie, Legrand sign France’s first 24/7 renewable energy supply deal</a> appeared first on <a href="https://www.pv-magazine.com">pv magazine Global</a>.</p>
<p>Engie has signed an hourly matched electricity supply agreement with Legrand, pledging to match the French industrial group’s consumption with renewable generation 70% of the time.</p>
<p>The agreement will run from 2029 to 2031 and will see Engie supply Legrand with power from a portfolio of renewable generating assets spread across several production sites. The target of 70% hourly matching between production and consumption will be regularly monitored, and certification for the offtake agreement is based on the international EnergyTag standard.</p>
<p>Speaking with <strong>pv magazine </strong>in March 2026, <a href="https://www.pv-magazine.com/2026/03/06/every-second-counts/" rel="noreferrer noopener" target="_blank">EnergyTag executive director Killian Daly </a>described the annual matching methodology that typically underpins corporate clean power claims as “a farce” and called for a shift to hourly matched procurement, using power sourced from generators within the same energy market zone.</p>
<p>Engie said the deal’s certification based on the EnergyTag standard would ensure transparency and traceability. The hourly matched offtake agreement will also be compatible with developments in the Greenhouse Gas (GHG) Protocol – the international standard for emissions accounting – according to Engie.</p>
<p>The GHG protocol is currently under review and more granular approach to renewable energy claims has been put forward as a potential change. Major changes to the protocol could have an impact on the corporate power purchase agreement (cPPA) market in the future, and JP Cerda, CEO of online energy attribute certificate and PPA trading platform Renewabl, told <strong>pv magazine </strong>in June that uncertainty may already be <a href="https://www.pv-magazine.com/2026/06/26/ghg-protocol-uncertainty-is-cooling-solar-corporate-ppa-market-says-renewabl-ceo/" rel="noreferrer noopener" target="_blank">slowing cPPA activity.</a></p>
<p>Engie has opted to launch its first 24/7 hourly matched agreement in France ahead of a final decision on proposals for GHG Protocol emissions reporting, and the developer is now promoting round-the-clock renewables to C&I customers with an online self-assessment tool.</p>
<p>Sébastien Hubau, managing director of Engie’s business-to-business activities worldwide, described the contract as a “real milestone”.</p>
<p>“Legrand is a pioneering customer and by choosing this model it shows that renewable electricity can be sourced in a more granular, more transparent and more ambitious way, within reach of every industrial player.” he said.</p>
<p>Morgan Malecotte, director of Legrand France, said that adopting a 24/7 model was an ambition and more transparent approach in line with the company’s energy transition goals.</p>
<p>The post <a href="https://www.pv-magazine.com/2026/08/03/engie-legrand-sign-frances-first-24-7-renewable-energy-supply-deal/">Engie, Legrand sign France’s first 24/7 renewable energy supply deal</a> appeared first on <a href="https://www.pv-magazine.com">pv magazine Global</a>.</p>