Total buys Lampiris, Belgian supplier of "green" electricity

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sen-no-sen
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Re: Total buys Lampiris, Belgian supplier of "green" electricity




by sen-no-sen » 30/09/18, 11:56

Christophe wrote:TOTALsanitary measure!


Totalitarian I do not know but certainly totaling.
This announcement is not surprising in the sense that the imminence of Peak all requires tankers to diversify their investments.
Total carries well are name because as monopolistic enterprise are objective is to monopolize the space by phenomenon of coalescence. The saturation of the markets forces large groups to spread in all sectors of the economy, total only follows the trend.
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"Engineering is sometimes about knowing when to stop" Charles De Gaulle.
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Re: Total buys Lampiris, Belgian supplier of "green" electricity




by moinsdewatt » 19/09/20, 11:53

Why Total drops controversial offshore exploration in Brazil's Foz do Amazonas basin

AURÉLIE BARBAUX Factory New on 07/09/2020

Total has announced that it is resigning from its role as operator in the offshore exploration of five blocks in the Foz DO Amazonas basin in Brazil. The reason given, regulatory uncertainty, is not the only one.

Helped by the oil crisis and the Covid, Greenpeace has just scored a point against Total. The major has decided to give up its role as operator in the oil exploration of five blocks of the Foz do Amazonas basin, 120 kilometers off Brazil, in front of the mouth of the Amazon.

In a press release dated September 9, 2020, Total indicates that it notified its partners on August 19, 2020 of its resignation from its role of operator of blocks FZAM-57, FZA-M-86, FZA-M-88, FZA-M- 125 and FZA-M-127. He also informed the National Petroleum, Natural Gas and Biofuels Agency (ANP) of this decision. Total will nevertheless have to continue to carry out the administrative processes, on behalf of its partners Petrobras and BP until February 2021, the time to designate a new operator and transfer the activities to it.

Image

AN ECONOMY PLAN

This decision in no way marks Total's withdrawal from exploration and production in Brazil, a country where it has been present for 40 years and where it employs 3 people. On the contrary, on August 000, the Frenchman announced the launch of phase 17 of the Mero field, operated since 3 with a floating production, storage and unloading unit located in deep water 2017 kilometers from the coast of Rio de Janeiro. Mero 180 will have a liquid processing capacity of 3 barrels per day. It is scheduled to start up by 180. In November 000, Total also announced the start of production on the Iara project (block BM-S-2024A), located in the deep waters of the Santos pre-salt basin.

But Total, hard hit by the crisis of oil overproduction amplified by the health crisis, must make savings to cover the 13 billion shortfall forecast for 2020. And its savings plan includes, among other things, a reduction of 4 billion of its exploration production investments in 2020.

ENVIRONMENTAL AUTHORIZATION REFUSED

This is not the main reason for Total's withdrawal from this block exploration project acquired in 2013, following a call for tenders from the ANP. Despite Total studies showing that exploratory drilling would be carried out 40 km from a coral massif that Greenpeace ecologists wish to defend, the environmental authorization request, filed in 2014 was refused in December 2018, with confirmation in April 2019 , to the joint venture managing this project. It is made up of Total (40%), BP (30%) and Petrobras (30%).

Total, already under the fire of other criticisms from NGOs on exploration sites in Mozambique and Uganda, is thus closing a front line of struggle with environmental NGOs.

This is only the beginning, because Total remains, for the moment, a shareholder in the project. The French could seek to disengage. The Brazilian oil company Petrobras might be better able to develop these blocks.



https://www.usinenouvelle.com/article/p ... l.N1000644
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Re: Total buys Lampiris, Belgian supplier of "green" electricity




by moinsdewatt » 25/09/20, 20:13

Total strengthens in the Spanish solar market

REUTERS • 25 / 09 / 2020

The Total group announced on Friday that it had reached an agreement with Spain's Ignis to develop 3,3 gigawatts (GW) of solar projects located near Madrid and Andalusia.

This agreement brings Total's portfolio in solar projects under development in Spain to more than 5 GW by 2025, enabling it to contribute to Spain's ambition to produce 70% of its electricity from renewable energies by 2030, then 100% by mid-century.

This solar electricity portfolio should also enable Total to cover all of the electricity consumption of its industrial sites in Europe by 2025.

The first projects in Ignis' portfolio are scheduled to start in 2022 with the objective of putting them all into production by 2025, the group said in a press release.

Faced with the anticipated decline in oil consumption, Total has set itself the long-term ambition to be one of the world's five largest producers of renewable energy, says its CEO Patrick Pouyanné in an interview posted on the website of the Parisian.


https://www.boursorama.com/bourse/actua ... mbol=1rPFP

Solar: Total strengthens its presence in Spain with 3,3 GW of new projects

AFP published on Sep 25, 2020

Total announced on Friday that it had invested in the development of solar farms in Spain with the Spanish company Ignis for a capacity of 3,3 gigawatts. Construction of the first solar farms is due to start in 2022, and electricity production will be effective at all sites by 2025.

These solar farms will be built and then operated by Total near Madrid and in Andalusia. They will be the subject of a joint venture for the first five years, 70% owned by Total and 30% by the Spanish developer Ignis. At the end of the first five years, Total will own and operate the solar farms thus created in its own name.

"Spain is a priority country for Total in Europe and we fully intend to take advantage of the growth opportunities that the country offers to respond concretely to the challenges of the energy transition on the way to carbon neutrality" declared Total CEO Patrick Pouyanné , quoted in a press release. The group stresses that "this operation brings its portfolio of solar projects under development in Spain to more than 5 GW by 2025."

In February 2020, Total had already acquired a portfolio of 1,2 GW of projects from the Spanish company Solarbay and launched a joint venture with the developer of solar power plants Powertis for the development of 800 MW of photovoltaic projects in Spain. In addition, "this solar electricity portfolio will enable the group to cover all of the electricity consumption of its industrial sites in Europe by 2025", by purchasing nearly 6 TWh per year of green electricity produced by these sites. Spanish solar energy, according to this press release.

"This decision, said Mr. Pouyanné, provides concrete proof of our decision to move towards the decarbonization of our European operations in line with our new climate ambition." The group is committed to carbon neutrality in Europe by 2050 and aims to install 25 gigawatts of renewable energy capacity by 2025.

https://www.connaissancedesenergies.org ... ets-200925
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Re: Total buys Lampiris, Belgian supplier of "green" electricity




by sicetaitsimple » 25/09/20, 22:16

Apart from Total, many groups are developing solar PV capacities in Spain.
It will be very instructive to see how the Spaniards will manage this from a "network" point of view, say over the next 5 years, especially since unlike Germany, the interconnection capacities and therefore of exports are relatively limited with France and Morocco (Portugal being very interconnected and from an electricity system point of view a "Spanish province", especially since it is developing roughly the same policy on PV).
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Re: Total buys Lampiris, Belgian supplier of "green" electricity




by moinsdewatt » 13/02/21, 11:24

Total: CEO talks about a more ambitious renewable target

REUTERS • 27 / 01 / 2021

Total is targeting nearly 100 gigawatts (GW) of gross renewable energy production capacity in 2030 which could be spread across around thirty countries, its CEO, Patrick Pouyanné said on Wednesday.

The oil group, which is accelerating its diversification into electricity, had indicated in September that it wanted to reach 35 GW of gross renewable capacity in 2025, with the ambition of a growth of 10 GW per year beyond - as in 2020 - which would have represented 85 GW in 2030.

"In 2030, we will have invested in 100 gigawatts of gross capacity, that is the objective and it will be distributed in thirty countries around the world", said Patrick Pouyanné during a conference on energy organized in Riyadh.

The CEO of Total also indicated that the group had invested nearly three billion dollars in natural gas and renewables in 2020.

https://www.boursorama.com/bourse/actua ... mbol=1rPFP
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Re: Total buys Lampiris, Belgian supplier of "green" electricity




by moinsdewatt » 13/02/21, 11:34

Total adds 2,2 GW to its solar portfolio in the USA
REUTERS • 05 / 02 / 2021

Total announced on Friday that it would add 2,2 GW to its solar portfolio and now says it covers all of its consumption in the United States with green electricity.


https://www.boursorama.com/actualite-ec ... 1373a88cf5
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Re: Total buys Lampiris, Belgian supplier of "green" electricity




by moinsdewatt » 29/05/21, 23:39

Stop looking for oil? TotalEnergies CEO warns against "radicalism"

AFP published on May 28, 2021

The CEO of TotalEnergies, Patrick Pouyanné, on Friday defended the need to continue to search for oil, warning against the "radicalism" of the idea of ​​stopping all exploration projects in the name of the climate.

The International Energy Agency (IEA) recently urged the world to forget about any new exploration projects "now" to keep warming under control. "Radicality is not quite the answer: in energy transition there is the word transition and I would like to remind everyone that today we live, our economy operates at 80% on fossil fuels", Mr. Pouyanné argued at the general meeting of shareholders.

He also underlined the importance of money from oil and gas in order to be able to invest in particular in renewables: "we need this income from hydrocarbons so we are not going to give it up".

On the question of exploration, Mr. Pouyanné pointed out that Total's budget had been reduced to $ 800 million annually against around $ 1,5 billion five years ago. "We are in a trend" but "I am not very favorable to radicalism, I think that we must accompany the evolution of demand", with a peak expected between 2025 and 2030. "Until then, the world needs oil, ”said Pouyanné. "To say that we are stopping everything, the answer is no".

"Total's oil production in 2030 will be lower than in 2019, we will reach our peak oil production during this decade," he recalled.


https://www.connaissancedesenergies.org ... ite-210528
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