Why did Engie's CEO call Marine Le Pen's energy plan a 'disaster'?

Engie CEO Catherine MacGregor called the National Rally's energy plan a 'disaster' because it proposes scrapping renewables and abolishing the independent energy regulator — a move she stated would be 'a disaster for a company like Engie and for energy in France', especially since energy projects are largely tied to government decisions and require regulatory stability. She emphasized that such ideas are 'toxic for France, for its energy security, for electricity costs, for decarbonization.'

What specific energy policies of the National Rally does the article identify as concerning to business leaders?

The article identifies several National Rally energy policies as concerning: scrapping renewable energy development, dismantling the independent energy regulator, disconnecting French power prices from European markets (which is seen as undermining regional energy security), and campaigning against wind and solar power as well as curbs on polluting cars in cities — all framed as tapping into voter anger over climate policies raising living costs.

Le Pen’s Energy Plan for France Called a ‘Disaster’ by Engie CEO

Apr 21, 2026

Engie CEO Catherine MacGregor labeled Marine Le Pen’s energy plan a disaster for France, citing risks to security and costs. She urged continued support for renewables and nuclear projects to ensure affordable power for industrial investment.

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