Corporate Strategy

Total's Portfolio Approach to Power

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

  • 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.

The Issue

Corporate Strategy , Majors, Renewable Electricity
Wanda Ad #2 (article footer)
India's leading oil companies have a lot of work ahead to translate broadly government mandate-driven directives into real-world decarbonization investments, but near-term plans are coming into view.
Tue, Sep 26, 2023
The three hubs are being developed in parallel with storage facilities with an initial combined storage capacity of 15 million tons/yr of CO2.
Mon, Oct 2, 2023
With the COP28 climate conference just weeks away, industry executives have largely fallen silent on the topic of emissions caused by burning fossil fuels.
Mon, Oct 2, 2023