A Two-pillar Multi-energy Strategy
TotalEnergies’ strategy to address increasing global energy needs while cutting greenhouse gas emissions relies on two main pillars: Oil & Gas and Electricity (Integrated Power).
Facing the challenge of meeting growing energy demand and reducing emissions from energy production and use, the company is advancing an integrated multi-energy transition strategy toward carbon neutrality, in partnership with society.
Energy’s Role and Challenges
Energy is vital for all aspects of life—food, lighting, heating, cooling, transport, healthcare, construction, and trade. Yet, the global energy system depends on fossil fuels for 80% of its supply, posing a central challenge for the climate.
Demographic and Environmental Outlook
Global energy demand has risen alongside population growth and increased living standards. With the world population expected to grow by nearly 2 billion between 2023 and 2050, this will strongly impact the United Nations Sustainable Development Goals aimed at advancing prosperity and social welfare while protecting biodiversity and the environment.
The Transition Imperative
There is an urgent need to speed up the shift to a decarbonized energy system. At the same time, the current system must remain sufficiently robust to meet global demand and ensure a fair, orderly, and just energy transition.
“Energy is an essential resource, everywhere indispensable for living: for food, lighting, heating and cooling, transport, healthcare, construction and trade.”
“The global energy system still relies 80% on fossil fuels.”
“The global population is set to increase by almost 2 billion inhabitants between 2023 and 2050.”
In summary, TotalEnergies pursues a balanced, multi-energy approach to meet rising energy needs and climate goals while ensuring sustainable social progress.
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