In Good Company with Nicolai Tangen HIGHLIGHTS: Catherine MacGregor - CEO of Engie
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Jul 11, 2025 
Catherine MacGregor, CEO of Engie, leads one of Europe’s energy giants and is navigating the complexities of the ongoing energy crisis. She shares insights from her remarkable journey, transitioning from oil rigs in Congo to the helm of Engie. The discussion dives into the company's €25 billion investment in renewables, the critical balance between electrification and green molecules, and the hurdles facing hydrogen development. MacGregor emphasizes the importance of aligning a large workforce around sustainability to drive impactful change in the energy landscape.
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Navigating Europe's Gas Crisis
- Catherine MacGregor faced the perfect nightmare when Russia cut off gas to Europe just one year after becoming Engie's CEO.
- She managed security of supply, financial risks, and affordability amidst Europe's biggest energy crisis in decades.
Balancing Electrons and Molecules
- The future of Europe's energy transition balances "electrons" (electricity) and "molecules" (like natural gas).
- Electrification will cover 50% of energy by 2050, while the other half requires decarbonized molecules like hydrogen.
Green Molecules Explained
- Green molecules like biomethane are identical to natural gas but produced from waste, reducing CO2 emissions.
- Biomethane can directly replace natural gas with existing infrastructure, recognized by regulations as green gas.