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….says 21st century will be clearly electric
By Mandy Tina
TotalEnergies has promised to remain as one of the most dynamic solar and wind power developers in the world.
The company with over one hundred thousand (100,000) employees in 120 countries worldwide, made this known in a press statement while celebrating its one hundred years anniversary, on 28 March, 2024.
According to the statement, TotalEnergies is resolute in ensuring the implementation transition strategy centered around two pillars: hydrocarbons including natural gas and electricity.
“Pioneers for 100 years. Unlike our rivals of the day, we did not have access to local resources. That is why we built our competitive advantage on international expansion and technical prowess.
“These two factors have shaped our pioneer spirit and our journey to this day. Over the years, we have continuously pushed back the boundaries – both technical and geographical – while also adapting to changing needs and customer expectations.
“This is how we accompanied the remarkable progress and development that took place in modern society during the 20th century. We also acquired additional expertise and experience by teaming up with Petrofina and Elf-Aquitaine, and more recently with Maersk Oil, Saft or Direct Energie.
“Becoming a multi-energy company. While oil was the energy of the 20th century, natural gas and decarbonized power are central to the energy system of tomorrow. Natural gas is necessary to the energy transition, as a support for the rise of intermittent renewables and as a substitute for coal, which emits twice as much C02 in power generation.
“TotalEnergies is currently the world’s third-largest player in liquefied natural gas (LNG). And in electricity, we are one of the most dynamic solar and wind power developers in the world. Electricity is the energy at the heart of decarbonization and the 21st century will clearly be electric.
“We have been resolutely implementing a transition strategy anchored around two pillars: hydrocarbons (including LNG) and electricity. We have the ambition to successfully achieve our transition and support our customers with theirs.
“Our challenge is to supply the world with the affordable energy required for its development while also reducing emissions. That is the “just, orderly and equitable” transition called for by COP28,” the statement said.
TotalEnergies further said that they will continue to adjust and adapt as needed to be part of the story of energy for another 100 years.