September 2022 - Strategy and Outlook
Creating value from integration in electricity
TotalEnerg
TutarEnergies
Te
TotalEnergies
Producing
at low cost
Investing in cost-competitive projects
worldwide with > 10% ROE
→ Growing portfolio with attractive M&A
Enforcing cost culture, growing from 30% to
50% capacity operated
→ Leveraging core competencies in project
management and offshore development
Maximizing value through
storage and trading
→ Targeting ~30% merchant
production in deregulated markets
Developing major trading capacities
→ Building storage capacities to
capture value from intermittency
→ Benefiting from flexible power plants
Developing
customer portfolio
→ Addressing customer green electricity
needs with Corporate PPAs
→ Expanding distributed generation
→ Directly supplying ~10 million
retail customers in Europe
→Targeting 150,000 EV operated
charging points
~130 TWh production in 2030
~5 GW storage in 2030
Electricity & Renewables
~130 TWh sales in 2030
September 2022 - Strategy and Outlook | 36View entire presentation