TotalEnergies reaffirmed its target of 4% annual total energy production growth through 2030 in its September 28 strategy presentation. Electricity generation targets 100–120 TWh annually by 2030.
The company plans annual net investment of $14–17 billion during 2027–2032. These are forward-looking objectives rather than achieved output or spending. The strategy combines oil and gas operations with integrated power.
In an IEA scenario, electricity could cost-effectively supply 33 percent of final energy use by 2035; projected import savings are not realized outcomes.
The utility’s long-term plan projects lower emissions despite rising electricity demand; its solar, battery and reverse-osmosis targets are not completed outcomes.
Emirates News Agency (WAM), citing Emirates Water and Electricity Company (EWEC)4 min read
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