TotalEnergies anticipates its electricity generation will exceed 100 TWh by 2030, with 70% of this output coming from renewable sources and 30% from flexible-based generation.
This target will account for nearly 20% of the company’s global energy production, as outlined in its latest Strategy & Outlook presentation.
The company is actively working to enhance its integrated model in key targeted deregulated markets by 2024, which will support its main objectives to achieve a minimum Return on Average Capital Employed (ROACE) of at least 12% by 2028-2030, and to become net cash positive by 2028.
Additionally, TotalEnergies has committed to net investments ranging between $16 billion and $18 billion annually during the period from 2025 to 2030.
Of this investment, approximately $5 billion will be allocated specifically to low-carbon energy initiatives.
