Simply Energy: Australian-Owned?

is simply energy an australian owned company

Simply Energy, now known as ENGIE, is a multinational electricity generation company that has been wholly owned by the French company ENGIE (formerly GDF Suez) for over a decade. ENGIE Energy International owns and operates renewable energy generation assets and provides energy solutions to customers across Australia, serving over 650,000 electricity and gas customer accounts across Victoria, South Australia, New South Wales, Western Australia, and Queensland.

Characteristics Values
Is Simply Energy an Australian-owned company? No, Simply Energy is owned by ENGIE, a French company.
Is ENGIE an Australian-owned company? No, ENGIE is a multinational company operating in 31 countries across 5 continents.
Is ENGIE a carbon-neutral company? Yes, ENGIE offers carbon-neutral energy plans and aims to achieve net-zero carbon emissions by 2045.
Is ENGIE a renewable energy company? Yes, ENGIE invests in renewable energy sources such as wind, solar, and batteries.
Is ENGIE a customer-focused company? Yes, ENGIE offers tailored energy solutions and is committed to providing reliable and affordable energy.

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Simply Energy is now ENGIE, a French-owned company

Simply Energy has been owned by ENGIE, a French company, for over a decade. The name change to ENGIE reflects the company's increased investment in renewable energy and its ambition to achieve net-zero carbon emissions by 2045. ENGIE has been driving innovation for more than 180 years and is currently operating in 31 countries across five continents.

ENGIE is committed to developing large-scale renewable energy assets in wind, solar, and battery storage to create a cleaner and more cost-effective energy grid. They are investing in renewable energy generation capacity and closing coal-fired power stations in Australia, with the aim of supporting Australia's transition to a cleaner and more reliable energy grid.

ENGIE's Renewables team invests in a mix of renewable energies, such as wind, solar, gas, hydrogen, and batteries, to generate sustainable power. They are leveraging their global experience to achieve their goal of net-zero carbon emissions by 2045. ENGIE offers carbon-neutral energy plans and purchases emission offsets to help customers transition to a more sustainable future without compromising comfort, productivity, or cost.

For existing Simply Energy customers, the transition to ENGIE will not impact account details, energy plans, or pricing, or payment methods. Customers can continue to monitor their energy usage and contact customer service using the same methods as before.

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ENGIE has been investing in renewable energy in Australia

Simply Energy, now ENGIE, has been investing in renewable energy in Australia. ENGIE is a global company operating in 31 countries with ambitions to be net zero by 2045. ENGIE's ambition is to be a world leader in the zero-carbon transition, and it is well on its way, with a mix of energy solutions such as wind, solar, gas, hydrogen, and batteries. ENGIE has been in Australia since 1996 as investors in power assets and retail energy services, and as providers of sustainable energy solutions to customers across the country.

ENGIE is building its energy portfolio in Australia, with over 3,000 megawatts (MW) of energy under development through renewable and non-renewable sources. The company's ambitious plan will support Australia's transition to a cleaner and more reliable energy grid. Wind power plays an important role in the transition to renewable energy, helping create a more reliable and efficient hybrid energy system. The combined generation capacity of ENGIE's current and proposed wind farm projects could generate enough renewable energy to power up to 1.2 million average Australian homes.

Solar farms are another key focus for ENGIE in Australia. By building solar farms, the company can diversify its energy sources while decreasing its dependence on fossil fuels. ENGIE also offers carbon-neutral energy plans that help offset the environmental impact of energy use. For every tonne of emissions produced, ENGIE purchases one tonne of emission offsets in the form of certificates certified by Climate Active.

ENGIE has also been investing in large-scale renewable energy assets in battery storage. The Hazelwood Rehabilitation Project in Victoria, Australia, is a notable example. This project involved converting Australia's first retired coal-fired power station into a utility-scale battery capable of storing 150 MWh of energy, equivalent to one hour of energy generation from rooftop solar systems of 30,000 homes. This battery storage system can quickly and cost-effectively respond to network and market demands.

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ENGIE has over 650,000 customers across Australia

Simply Energy has been owned by ENGIE Energy International, a subsidiary of the French company ENGIE, for over a decade. In 2024, Simply Energy transitioned to become ENGIE. ENGIE has a presence in 31 countries across five continents and has been driving innovation for more than 180 years.

ENGIE has over 650,000 electricity and gas customer accounts across multiple Australian states, including Victoria, South Australia, New South Wales, Western Australia, and Queensland. The company is committed to developing large-scale renewable energy assets in wind, solar, and battery storage to create a cleaner and more cost-effective energy grid.

ENGIE's ambitious renewable energy plans in Australia include investing in wind farm projects that could generate enough energy to power up to 1.2 million average Australian homes. Additionally, they are developing solar farms to provide clean and renewable power. ENGIE also owns and operates renewable energy generation assets, providing energy solutions to its customers across Australia.

ENGIE Australia was the first to close its coal-fired power station, demonstrating its commitment to diversifying its generation capacity and investing in renewable energy sources. The Hazelwood Rehabilitation Project in Victoria converted Australia's first retired coal-fired power station into a utility-scale battery, storing 150 MWh of energy. This project enhances grid stability and enables a quick and cost-effective response to network and market demands.

ENGIE's focus on renewable energy and sustainability is evident in its ambition to achieve net-zero carbon emissions by 2045. The company offers carbon-neutral energy plans and purchases emission offsets for every tonne of emissions generated by its customers.

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ENGIE aims to achieve net-zero carbon emissions by 2045

Simply Energy, an Australian energy company, has been owned by ENGIE Energy International, a subsidiary of the French company ENGIE, for over a decade. In 2024, Simply Energy transitioned to become ENGIE.

ENGIE is a multinational company operating in 31 countries across five continents. The company has been driving innovation for more than 180 years. It is committed to decarbonisation and has set an ambitious target of achieving net-zero carbon emissions by 2045.

ENGIE's roadmap to net-zero involves several strategies and initiatives. The company is focusing on renewable energy sources such as wind, solar, and battery storage to create a cleaner and more cost-effective energy grid. They have invested in wind farm projects, with a combined generation capacity that can power up to 1.2 million average Australian homes with renewable energy. Additionally, ENGIE is developing solar farms and leveraging its experience in renewable energy to build a diverse energy portfolio in Australia.

To support its net-zero ambition, ENGIE offers carbon-neutral energy plans to its customers. For every tonne of emissions produced, ENGIE purchases one tonne of emission offsets in the form of certificates certified by Climate Active. The company is also investing in low-carbon hydrogen and biomethane, with specific targets set for 2030 and 2035.

ENGIE is committed to reducing its carbon footprint across all aspects of its business. They have set targets to reduce GHG emissions linked to working patterns and business travel. The company also aims to reduce carbon emissions per kWh produced and reduce emissions from products sold. ENGIE's ambition to achieve net-zero carbon emissions by 2045 is aligned with its vision to be a world leader in the zero-carbon transition, supporting a sustainable future for Australia and the world.

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Australians tend to prefer locally owned energy companies

Simply Energy is now ENGIE, a subsidiary of the French company ENGIE (formerly GDF Suez). ENGIE is a multinational company operating in 31 countries across five continents.

Australians tend to prefer locally-owned energy companies for a variety of reasons. Firstly, supporting Australian-owned companies helps to keep money and resources within the country, which boosts the local economy and supports local jobs. This also encourages innovation within the Australian energy sector, as more resources are available for development. Secondly, local energy companies are more likely to have Australian call centres, which means customers can easily access customer service and speak with someone who understands their needs and concerns. Lastly, local energy companies have a better understanding of the Australian market and can, therefore, provide better service.

While some Australians prefer to do business with local energy retailers, others may not care if the company is Australian-owned or not. Some of the largest energy providers in Australia are partly or completely owned by foreign entities. For example, EnergyAustralia is a wholly-owned subsidiary of the Hong Kong-based CLP Group, and Alinta Energy is owned by a Hong Kong-based holding company. There are only three Tier 1 energy retailers in Australia that are Australian-owned: AGL, EnergyAustralia, and Origin Energy.

Despite the preference for local ownership, it is important to consider other factors when choosing an energy provider. Just because a company is Australian-owned does not mean they offer the best prices or customer service. A foreign-owned provider might offer better deals or renewable energy options, but may lack accessible call centres. Therefore, it is essential to understand an energy company's background, location, main priorities, and investments before making a decision.

Frequently asked questions

No, Simply Energy is now called ENGIE, a subsidiary of the French company ENGIE (formerly GDF Suez). ENGIE operates in 31 countries across five continents and has been driving innovation for more than 180 years.

ENGIE aims to be a world leader in the zero-carbon transition and has committed to achieving net-zero carbon by 2045.

ENGIE is building its energy portfolio in Australia, investing in renewable energy generation assets and providing energy solutions to customers. It serves over 650,000 electricity and gas customer accounts across Victoria, South Australia, New South Wales, Western Australia, and Queensland.

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