TotalEnergies and Veolia Join Forces to Accelerate the Development of Biomethane
02 Febrero 2022 - 1:47AM
Business Wire
Regulatory News:
TotalEnergies and Veolia (Paris:VIE) have signed an agreement to
produce biomethane from Veolia waste and water treatment facilities
operating in more than 15 countries.
The partners will develop and co-invest in a portfolio of
international projects, with the ambition to produce up to 1.5
terawatt-hours (TWh) of biomethane per year by 2025. This
production of renewable gas made from organic waste will be
equivalent to the average annual natural gas consumption of 500,000
residents and will avoid some 200,000 tons of CO2 per year.
TotalEnergies will market the resulting biomethane as a renewable
fuel for mobility or as a substitute for natural gas in other
uses.
As part of this agreement, the partners will pool their
industrial know-how in biomethane production. Veolia will provide
its expertise in the production and processing of biogas from its
facilities, and TotalEnergies will contribute its in-depth
knowledge of the entire biomethane value chain.
"We are pleased to partner with Veolia to promote the recovery
of waste through the production of biomethane, and thereby the
circular economy, one of the pillars of sustainable development,"
said Stéphane Michel, President Gas, Renewables & Power at
TotalEnergies. "The development of biomethane is part of
TotalEnergies' transformation into a broad energy company, and the
deployment of its ambition to be a major player in renewables."
"Our partnership with TotalEnergies is in line with Veolia's
strategy to develop solutions for decarbonizing the energy mix,
notably with biogas, as part of an ecological transition," said
Estelle Brachlianoff, Chief Operating Officer of Veolia. "At
the global level, the biogas resources at our sites offer more than
6 terawatt hours of primary energy. With this biomethane production
potential and our know-how in biogas, Veolia intends to become a
leading player in the value chain while developing more
decentralized and local green energy production capacity."
***
TotalEnergies and Biomethane TotalEnergies is the segment
leader in France, with close to 500 GWh of production capacity, and
aims to become a major player in biomethane internationally by
partnering with market leaders such as Clean Energy in the United
States. The Company is active across the entire biomethane value
chain, from project development to marketing of biomethane and its
by-products (biofertilizers, bioCO2). It aims to produce at least 2
TWh of biomethane per year by 2025 – equivalent to the annual
consumption of 670,000 French consumers and a reduction in CO2
emissions of 400,000 tons.
Veolia and biomethane Veolia is now one of the world's
largest producers of energy from biogas, with a primary energy
resource of nearly 6 TWh. As a world leader in ecological
transformation, Veolia aims to maximize the recovery of biogas in
the form of biomethane and to expand its global resource base, in a
circular economy approach. The Group's ambition is to become one of
the leading players in the biomethane sector and to develop more
green energy production capacity to help combat climate change.
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 105,000 employees are committed to energy that is ever more
affordable, cleaner, more reliable and accessible to as many people
as possible. Active in more than 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.
About de Veolia Veolia Group aims to become the benchmark
company for ecological transformation. Present on five continents
with nearly 179,000 employees, the Group designs and deploys
useful, practical solutions for the management of water, waste and
energy that are contributing to a radical turnaround of the current
situation. Through its three complementary activities, Veolia helps
to develop access to resources, to preserve available resources and
to renew them. In 2020, the Veolia group served 95 million
inhabitants with drinking water and 62 million with sanitation,
produced nearly 43 million megawatt hours and recycled 47 million
tonnes of waste. Veolia Environment (Paris Euronext: VIE) achieved
consolidated sales of 26.010 billion euros in 2020.
www.veolia.com
@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.
TotalEnergies SE has no liability for the acts or omissions of
these 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
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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).
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TotalEnergies Contacts Media Relations: +33 1 47 44 46 99
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Veolia Contacts Group Press Relations :+ 33 1 85 57 86 25
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