With digitalization and an evolution in mobility, as well as increased access to electricity among populations, the 21st century is truly a century of electricity. The demand for electricity is increasing faster than the global demand in energy. While our group has placed climate at the heart of its strategy, we want to offer our clients a mix of increasingly low-carbon energy sources. Keeping true to our integrated model, we aim to produce and supply low-carbon electricity, which means electricity from natural gas - the least polluting fossil fuel - and renewable energies.
From the production to the supply of low-carbon electricity
Total has a long history in the power business: electricity has always been one of the main outputs from our natural gas production. While needs are increasing nowadays, we want to offer our individual and business customers the best-priced deals. This goal is possible given our position on the electricity value chain.
- Production: whether from gas or renewable energies such as solar, wind or hydraulic, our group has significantly increased its production capacity in the past few years, especially through acquisitions or dedicated subsidiaries. Our goal is to have an electricity production capacity of 25 GW by 2025.
- Storage: to compensate for the intermittent nature of renewable energies and limit access costs to the network for our clients, the storage of electricity is a priority. We work in the area of electricity storage through our subsidiary Saft and invest in this essential link in the renewable energy chain;
- Supply: as a supplier of natural gas to professionals for decades, we have gradually increased our electricity offers in several European countries. We have become a premium provider of electricity to consumers in France and Belgium since our acquisition of Lampiris in 2016, the launch of Total Spring in 2017 and the purchase of Direct Energie in 2018. Our goal is to supply 10 million individual and business customers in Europe by 2025.
- Additional services: repairs, recharging of electric vehicles, intelligent meters, installation of solar panels on rooftops: our subsidiaries offer an increasing range of additional services linked to electricity supply.