Building a multi-energy company
Our ambition
Our ambition is to be a major player in the energy transition and to achieve carbon neutrality by 2050, together with society. We have committed to profoundly transforming our production and sales while continuing to meet the energy needs of a growing population.
To do that, we are reinventing and diversifying our energy offering to provide renewable and low-carbon energies to our customers, while continuing to provide the oil and gas they need today.
Oil and gas
Given global demand and the challenges of a just transition, our ambition is to maintain our oil production by 2030. This calls for new projects to be launched to compensate for the natural decline in the fields. We sanction them on performance criteria, notably in terms of technical costs and carbon intensity. We operate our fields with strict safety, emissions reduction and environmental impact requirements. The cash flow generated by these activities is helping to accelerate our investments in renewable energies.
For TotalEnergies, natural gas is a key energy for the energy transition. As a fossil fuel, it emits half as much greenhouse gas as coal when used to generate electricity. This abundant and easily accessible energy source makes it a valuable ally in helping coal-dependent countries reduce their greenhouse gas emissions.
As one of the largest operators in the UK, we operate around 27% of the UK Continental Shelf’s gas production. We are working hard to reduce the greenhouse gases from our North Sea operations to produce hydrocarbons as cleanly as possible, whilst still contributing to the country’s security of energy.
- We were the first major operator in the UK to gain ISO 50001 accreditation for best practices in energy management
- All our producing sites have an emissions reduction roadmap, and we continue to make progress in this area, with a focus on the reduction of flaring, fuel gas consumption and venting
- People working across our sites are fully engaged in the development of these roadmaps and empowered to share their ideas for tackling emissions
In focus: Adjusting our operations to reduce emissions
We modified operations on Elgin Franklin to reduce scope 1 methane emissions which were emitted when removing water from produced gas ahead of export.
The process had involved releasing waste hydrocarbon gas to the atmosphere, known as venting. The modification re-routed the waste gases to the low-pressure flare system to be combusted, resulting in carbon reduction of 84,740 tonnes of CO2 equivalent every year.
Renewable electricity
We are continuing to expand in the renewable energies market (wind and solar), with the aim of becoming one of the world’s top five producers of renewable electricity. Our goal is to produce 100 TWh/year of electricity globally by 2030.
To meet the UK’s increasing energy demand but with lower carbon emissions, we are making major investments in electricity generation from renewable sources. This includes Seagreen, a 1.1GW fixed-bottom offshore wind farm situated 27km off the Angus coast in Scotland which was fully commissioned in October 2023.
We are also developing:
- Outer Dowsing (1.5GW) off the Lincolnshire coast
- West of Orkney wind farm (2GW) off the north coast of Scotland
- Erebus (100MW) in the Celtic Sea
In the solar sector, we are developing projects across England and Wales, amounting to around 1 GW of power.
We are also developing our distributed generation business, working with businesses to adapt their sites to generate their own electricity using photovoltaic panels.
Flexible energy generation
To combat the issues of intermittency - when the sun doesn’t shine, and the wind doesn’t blow - we require flexible sources of energy generation that are quick to respond to energy demand.
In 2024, we acquired the West Burton B gas fired power plant in Nottinghamshire. The 1.3 GW plant includes a 49 MW battery storage system and can power 1.8 million homes.
Combined-cycle gas turbine plants such as this one can be mobilised to generate energy within one hour and are essential in supporting the UK’s transition to a low carbon economy.
Carbon Capture & Storage (CCS)
Carbon capture and storage offers a way to help reduce CO2 emissions from industries and industrial clusters that are difficult to decarbonise.
We’re a partner in the Northern Endurance Project, a CCS project with the potential to store 450 million tonnes of CO2 from emitters in the Teesside and Humber areas of Northeast England. Nearly half of carbon emissions from UK industrial clusters come from this region.
Low carbon mobility
We are actively working to make carbon neutrality a shared ambition with our customers. The key to making an effective contribution to the energy transition is to gradually transform the way in which our customers consume energy.
Transport accounted for around 25% of global CO2 emissions in 2021. That’s why we are offering our customers solutions to accelerate the adoption of electric mobility:
- we are developing charging infrastructure, with a worldwide target of 150,000 charging points in operation
- we are upgrading to high-power charging solutions on motorways, with a target of 700 European sites equipped by 2025
- we are producing batteries for electric vehicles
In the UK, we operate one of the leading public electric vehicle (EV) charging networks in London, with over 2,700 on-street charging points in prime locations in the city.
We offer tailored charging solutions to enable business and private customers to travel and charge with peace of mind on the road, at work, at service stations and at destinations including retail, hospitality, indoor and outdoor leisure destinations, and publicly accessible car parks.
More Energy, Less Emissions
How can we respond to current energy demand while preparing for the future? Our Sustainability & Climate 2025 Progress Report tells you everything you need to know about our multi-energy strategy.