The Shareholders' Newsletter #69 - Fall 2022

Development

DEVELOPMENT

TotalEnergies accelerates its development in offshore wind

As part of its ambition to achieve carbon neutrality by 2050, together with society, TotalEnergies is developing a portfolio of activities in renewables and electricity. TotalEnergies intends to reach 35 GW of gross production capacity from renewable sources and storage in 2025, then 100 GW by 2030, with the ambition to be among the top five world producers of electricity from wind and solar energy. TotalEnergies is already developing a portfolio of offshore wind projects with a total capacity exceeding 11 GW - from fixed bottom and from floating wind turbines. Spotlight on our projects in Europe, the United States and Asia.

This map shows the location of fixed bottom offshore wind farm and floating offshore wind farm.

Key figures in US offshore wind:

  • 30 GW: objective set by the Biden Administration of deployed offshore wind capacity by 2030.
  • 35 GW: deep offshore potential located off the coast (California, Oregon, Hawaii, Gulf of Mexico and the East Coast) that could be developed by 2040.

Fixed bottom offshore wind farm :

  • West of Orkney Windfarm (January 2021) 
    Offshore the Orkney Islands, Scotland (United Kingdom) 2 GW(1) production capacity
    Joint-venture with Corio and RIDG
  • Seagreen (June 2020)
    Offshore Scotland (United Kingdom) 1.5 GW(1) potential production capacity
    In partnership with SSE Renewables
  • Outer Downsing Off shore Wind (February 2021)
    Offshore East Anglia (United Kingdom) 1.5 GW(1) production capacity
    Joint-venture with Corio
  • Yunlin (April 2021)
    Offshore Taiwan 640 MW(1) potential production capacity
    In partnership with Skyborne, EGCO and Sojitz consortium
  • New York Bight (February 2022)
    Offshore New York and New Jersey Over 3 GW(1) potential production capacity
    In partnership with EnBW(2) 
  • Carolina Long Bay (May 2022)
    Offshore North Carolina + 1 GW(1) production capacity

Floating offshore wind farm :

  • Erebus (March 2020)
    In the Celtic Sea, Wales (United Kingdom) 400 MW(1) potential production capacity
    In partnership with Simply Blue Energy
  • EolMed (October 2020)
    Offshore Port-la-Nouvelle, Mediterranean Sea (France) 30 MW(1) production capacity
    In partnership with Qair
  • Bada (September 2020)
    South Korea Over 2 GW(1)
    potential production capacity
    In partnership with Corio
  • Creation of TotalEnergies SBE US in October 2021, the aim being to develop floating offshore wind projects
    In partnership with Simply Blue Energy

(1) MW = Megawatt / GW = Gigawatt

(2) This call for tenders was won jointly with EnBW, who subsequently sold its share to TotalEnergies.