HJBC/Shutterstock 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. Save for later Print Download Share LinkedIn Twitter The Issue
