TotalEnergies Energy Outlook 2022

Significant growth of low carbon power generation Led by solar & wind Power generation, excluding power for Green H₂ (Momentum) TWh TotalEnergies Power capacities, excluding for Green H2 (Momentum) GW 60 000 30 000 2019 8 000 Other renewables Bioenergy* Hydro 6 000 Nuclear 4 000 Solar & Wind 2000 Natural gas Oil Coal 2030 2050 2000 2010 2020 2030 2040 2050 Solar Wind Coal • Power demand and generation almost doubling by 2050 (+2% p.a.), with wind & solar representing ~90% of new generation • Solar & wind capacities multiplied by ~7 in 30 years, representing 60% of all power capacities in 2050 • • Huge decrease of coal-fired generation, complete phase-out in NZ countries Despite strong gas-to-REN switch, gas grows in absolute terms to manage variability of solar & wind and demand seasonality • Coal capacities starting to decrease in the late 20's • Average power emission factor reduced by ~75% by 2050 (net of CCS) • Renewed investment in nuclear 13 | TotalEnergies Energy Outlook 2022 * Includes traditional use of biomass, waste, biofuels, biogas... Momentum

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