TotalEnergies Energy Outlook 2022

Africa More energy to improve the living standards of a growing population Africa primary energy demand PJ/d 150 100 50 Other renewables Solar & Wind Modern bioenergy Traditional biomass Hydro Nuclear Natural gas Oil Coal 2019 2050 2050 Momentum Rupture 23 TotalEnergies Energy Outlook 2022 Te TotalEnergies - - Momentum Energy demand growth of 1.4% p.a. to 2050 - Urbanization facilitates partial transition away from inefficient and highly-emitting traditional biomass to cleaner modern energies Energy mix leveraging domestic oil & gas resources, with modest impact on CO2 emissions Moderate development of solar, wind and hydro Rupture - Energy demand growth of 0.5% p.a. to 2050 - Elimination of traditional biomass thanks to quasi-universal electrification - Accelerated development of intermittent renewables and hydro, leading to an almost total phase out of coal Oil & gas resources continue to play important roles to support economic and social development Zoom

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