TOTALENERGIES SE: TotalEnergies Steps up Sustainable Aviation Fuel Production at Grandpuits
June 07 2023 - 4:46AM
UK Regulatory
TIDMTTE
TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE):
Ahead of the Paris Air Show held in Le Bourget, TotalEnergies is
stepping up production of sustainable aviation fuel (SAF) and low
carbon energies of its Grandpuits site. These investments reflect
the Company's ambition to develop low carbon energies and the
circular economy, and consist of:
-- The doubling of SAF production at Grandpuits, bringing the site's
annual production capacity to 285,000 tons, i.e. more than double the
capacity announced in 2020. This new investment responds to the gradual
increase in minimum SAF shares mandated by the EU, and set at 6% for
2030.
-- The development of low carbon energies at the Grandpuits zero-crude
platform, with the construction of a biomethane production unit with
annual capacity of 80 gigawatthours (GWh), equivalent to the annual
demand of 16,000 people. It will be supplied with organic waste from the
biorefinery, and will prevent the emission of almost 20,000 tons of CO
every year. The unit strengthens TotalEnergies' position as leader in
biogas production in France.
"The zero-crude platform at Grandpuits will be a major French
site for the production of sustainable aviation fuel, which is the
most effective solution for immediately cutting CO(2) emissions
from air transport. These new projects further strengthen the
site's conversion, toward sustainability, decarbonization and the
circular economy," said Bernard Pinatel, President, Refining &
Chemicals at TotalEnergies.
The Company has also noted the decision taken by its partner
Corbion not to pursue the bioplastic production project, owing to
increased costs. In the light of the new investments announced
today and others to come, TotalEnergies confirms the maintenance of
250 jobs at the site, in line with the commitments it made in
September 2020.
***
TotalEnergies and Sustainable Aviation Fuels
TotalEnergies is developing Sustainable Aviation Fuels (SAF).
These are biofuels produced from waste and residues from the
circular economy (animal fats, used cooking oils, etc.) and
"e-jets", synthetic fuels for aviation. These sustainable aviation
fuels will significantly reduce CO2 emissions from air
transport.
TotalEnergies and biogas
TotalEnergies is a leading company in the European biogas
segment with production capacity of 1.1 TWh. The Company aims to
become a major player in the international market by joining forces
with leading partners such as Clean Energy, Veolia, and Ductor. It
is active across the entire value chain, from project development
to marketing of this renewable gas and its byproducts, including
biofertilizers and bioCO2. TotalEnergies aims to produce 20 TWh per
year by 2030, equivalent to the average annual gas demand of four
million French consumers and a reduction in CO2 emissions of around
four million tons.
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and
markets energies: oil and biofuels, natural gas and green gases,
renewables and electricity. Our more than 100,000 employees are
committed to energy that is ever more affordable, cleaner, more
reliable and accessible to as many people as possible. Active in
nearly 130 countries, TotalEnergies puts sustainable development in
all its dimensions at the heart of its projects and operations to
contribute to the well-being of people.
@TotalEnergies TotalEnergies TotalEnergies TotalEnergies
Cautionary Note
The terms "TotalEnergies", "TotalEnergies company" or "Company"
in this document are used to designate TotalEnergies SE and the
consolidated entities that are directly or indirectly controlled by
TotalEnergies SE. Likewise, the words "we", "us" and "our" may also
be used to refer to these entities or to their employees. The
entities in which TotalEnergies SE directly or indirectly owns a
shareholding are separate legal entities. 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 TotalEnergies SE 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. Information concerning risk factors, that may affect
TotalEnergies' financial results or activities is provided in the
most recent Universal Registration Document, the French-language
version of which is filed by TotalEnergies SE with the French
securities regulator Autorité des Marchés Financiers (AMF), and in
the Form 20-F filed with the United States Securities and Exchange
Commission (SEC).
TotalEnergies
Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
l @TotalEnergiesPR
Investor Relations: +33 (0)1 47 44 46 46 l
ir@totalenergies.com
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CONTACT:
TotalEnergies SE
SOURCE: TotalEnergies SE
Copyright Business Wire 2023
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