At a Glance 2021

1. Electricity : Being a Key Player Across the Value Chain

A MEANINGFUL ENTRANCE INTO OFFSHORE WIND POWER

TotalEnergies has staked out a strong position in offshore wind power with a project portfolio offering a cumulative capacity of around 5.5 GW. In the United Kingdom, we’ve invested in Erebus, a pioneering floating offshore wind project in the Welsh Celtic Sea, and in Seagreen, the largest offshore wind farm project in Scotland. In a joint venture with GIG, TotalEnergies has also secured rights to a seabed lease off the coast of East Anglia. In South Korea, we have a 50-50 partnership with Macquarie to develop a portfolio of five floating offshore wind farms. In France, we acquired stake in EolMed, a pilot floating wind project in the Mediterranean. And in Taiwan, we’ve entered into the Yunlin offshore wind farm currently under construction.

TotalEnergies brings its expertise in offshore operations to this leading-edge industry.

SPOTLIGHT:

To get the most out of intermittent energies, we are backing our power generation capacity with natural gas, the lowest-carbon fossil fuel. With the acquisition of EDP’s portfolio in 2020, TotalEnergies gained two combined cycle gas turbine (CCGT) plants in Spain with a capacity of 850 MW. In Europe, we now have eight CCGT plants offering capacity of 3.5 GW, with an objective of 5 GW in 2025.