Corporate Strategy

Total's Portfolio Approach to Power

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  • TotalEnergies is shifting its power strategy to take on more price risk, driven by a view that future power prices will be higher than industry expectations.
  • The French major believes the additional risk will lead to higher rates of return than traditional power investments — ideally above 10%.
  • Total’s shift clashes with the outlook of some established renewable energy-focused utilities, including in markets where it could compete.

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Corporate Strategy , Majors, Renewable Electricity
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