Total to Build the Largest Battery-based Energy Storage Project in France
March 12 2020 - 3:41AM
Business Wire
Regulatory News:
The development of renewable energy that is intermittent and
decentralized requires the security of the electricity grid through
flexible electricity storage capacities, especially in the form of
batteries.
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) launches a battery-based
energy storage project in Mardyck, at the Flandres Center, in
Dunkirk’s port district. With a storage capacity of 25 megawatt
hours (MWh) and output of 25 MW of power, the new lithium-ion
energy storage system will be the largest in France. It will be
used to provide fast reserve services to support the stability of
the French power grid. It is part of government policy to support
the development of electrical capacity through capacity
mechanisms.
Scheduled for commissioning in late 2020, the new storage
system, which represents an investment of around €15 million, will
be based on Saft’s Intensium Max 20 High Energy solution and
will comprise 11 integrated 2.3 MWh containers, designed and
manufactured at Saft’s production site in Bordeaux.
“This project is part of Total’s strategy to develop the
stationary energy storage solutions that are critical to the
expansion of renewable energy, which is intermittent by nature. It
will contribute toward the goal of increasing the share of
renewables in France’s energy mix, while helping to stabilize the
domestic power grid,” said Patrick Pouyanné, Chairman and CEO of
Total. “Total’s involvement in the electricity segment
continues to expand. With more than 40% of the storage capacities
allocated, Total was the leading winner of the first call for
tenders organized by RTE (France’s Electricity Transmission
Network). This success was made possible thanks to the competencies
of Total Flex, renewable energy aggregation expert, and Saft, the
European leader in batteries for energy storage”.
Total and Low-Carbon Electricity
As part of its ambition to become the responsible energy major,
Total is building a portfolio of low-carbon electricity operations,
with the objective of seeing them account for 15 to 20% of its
sales mix by 2040. Today, Total’s gross low-carbon power generation
capacity is close to 7 gigawatts, of which more than 3 gigawatts
from renewable energy sources.
About Saft
Saft specializes in advanced technology battery solutions for
industry, from design and development to production, customization
and service provision. For 100 years, Saft’s longer-lasting
batteries and systems have provided critical safety applications,
back-up power and propulsion for our customers. Our innovative,
safe and reliable technology delivers high performance on land, at
sea, in the air and in space. Saft is powering industry and smarter
cities, while providing critical back-up functionality in remote
and harsh environments like the Arctic Circle and the Sahara
Desert. Saft is a wholly-owned affiliate of Total.
About Total
Total is a major energy player that produces and markets fuels,
natural gas and low-carbon electricity. Our 100,000 employees are
committed to better energy that is safer, more affordable, cleaner
and accessible to as many people as possible. Active in more than
130 countries, our ambition is to become the responsible energy
major.
Cautionary Note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL S.A. directly or indirectly owns investments are separate
legal entities. TOTAL S.A. has no liability for their acts or
omissions. In this document, the terms “Total”, “Total Group” and
Group are sometimes used for convenience. Likewise, the words “we”,
“us” and “our” may also be used to refer to subsidiaries in general
or to those who work for them.
This document may contain forward-looking information and
statements that are based on a number of economic data and
assumptions made in a given economic, competitive and regulatory
environment. They may prove to be inaccurate in the future and are
subject to a number of risk factors. Neither TOTAL S.A. nor any of
its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends
contained in this document whether as a result of new information,
future events or otherwise.
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Total Contacts Media Relations: +33 1 47 44 46 99 l
presse@total.com l @TotalPress Investor Relations: +44 (0)207 719
7962 l ir@total.com Saft Contacts Karen Hollington : +33 1
58 63 16 60, e-mail : karen.hollington@saftbatteries.com Diana
Mejia : +33 1 58 63 16 92, e-mail :
diana.mejia@saftbatteries.com
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