TotalEnergies reaf f irms its ambition
to be a major player in the energy transition
and shares a vision of what its activities
could be to achieve carbon neutrality
by 2050, together with society.
Sources 2023 Enerdata 2050 IEA 2023 NZE Scenario
1 Hydro solar wind and nuclear
2 Biofuels biogas hydrogen and efuelsegas
3 From operated facilites
4 GHG Protocol Category 11 See Sustainability Climate
2024 Progress Report glossary for further details
5 Lifecycle carbon intensity or energy products sold
See reports glossary for further details
By 2050, TotalEnergies would produce:
•
about 50% of its energy in the form of electricity,
including the corresponding storage capacity,
totaling around 500 TWh/year, on the premise
that TotalEnergies would develop about 400 GW
of gross renewable capacity;
•
about 25% of its energy, equivalent to 50 Mt/year
of low-carbon energy molecules in the form of biogas,
hydrogen, or synthetic liquid fuels from the circular
reaction: H
2
+ CO
2
➔ e-fuels;
•
around 1 Mboe/day of Oil & Gas about a quarter
of the production in 2030, consistent with the decline
envisaged by the IEA’s Net Zero scenario), primarily
liquefied natural gas (about 0.7 Mboe/d, or 25-30 Mt/year)
with very low-cost oil accounting for the rest.
Most of that oil would be used in the petrochemicals
industry to produce about 10 Mt/year of polymers,
of which two thirds would come from the circular
economy.
That Oil & Gas would represent:
•
about 10 Mt CO
2
e/year of Scope 1 residual emissions,
with methane emissions aiming towards zero
(below 0.1 Mt CO
2
e/year); those emissions would be
offset in full by projects using nature-based solutions
(natural carbon sinks).
•
Scope 3
(4)
emissions totaling about 100 Mt CO
2
e/year.
To get to net zero together with society, TotalEnergies
would contribute to eliminate the equivalent
of 100 Mtyear of CO
2
generated by its customers
by developing carbon utilization CCU and carbon
capture and storage CCS solutions of approximately
100 Mt CO
2
eyear
In 2050 our trading portfolio would be aligned
with our productions and sales portfolio
Total primary energy demand mix – Worldwide
11
10
23
30
26
24
59
6
8
3
Bioenergy
2050 IEA NZE energy mix
100%-
0%-
2023 2050
Electricity
(1)
Coal
Natural gas
Oil
TotalEnergies’ sales mix
100%-
2023 2050
0%-
LNG & Gas
Oil
Ambition
Low-carbon
molecules
(2)
Electricity
& Renewables
43
47
8
2
50
18
7
25
0.2-0.3 Mb/d Oil
10 Mt/y polymers
25-30 Mt/y LNG
500 TWh/y
50 Mt/y
Mt CO
2
e
2050
Scope 12
3
Scope 3
4
10
100
CCUCCS
100 Mt CO
2
NBS
10 Mt CO
2
0
100
Lifecycle carbon
intensity
5