TotalEnergies Partners with Major International Companies to Support e-NG Development
18 Março 2024 - 12:21PM
Business Wire
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) is joining seven
major companies to create an international coalition supporting the
development of production and use of e-natural gas (e-NG), a
synthetic natural gas produced from renewable hydrogen and CO2.
e-NG can be transported and/or liquefied and then sold like
natural gas, using existing infrastructure. It thus can be used by
end customers without any adaptation to their facilities, making it
a particularly interesting synthetic fuel to support their
decarbonization efforts.
TotalEnergies and its partners – Engie, Mitsubishi Corporation,
Osaka Gas, Sempra Infrastructure, TES, Tokyo Gas and Toho Gas – are
pooling their expertise and efforts to establish the “e-NG
Coalition”, whose purpose is to support e-NG development in a
reliable, affordable and sustainable way.
The coalition aims to:
- promote the use of e-NG and support the emergence of a global
market;
- foster adequate support by policymakers and harmonization of
applicable regulation and standards; and
- bolster collaboration between the various stakeholders, along
the entire value chain and across all geographies.
TotalEnergies is currently studying the “Live Oak e-NG” project
with Tree Energy Solutions (TES), to produce 100,000 to 200,000
tons of e-NG per year in the United States by 2030. The e-NG
Coalition will therefore benefit from the expertise TotalEnergies
acquires through this project, as well as its expertise in
renewable power generation, large-scale project management, gas
liquefaction, and green hydrogen project development.
"As a major player in LNG and renewable electricity, and as e-NG
pioneers thanks to our Live Oak project, it is important for us to
contribute to the establishment of a global coalition for the
development of e-NG. This synthetic fuel will contribute to the
energy transition by facilitating the decarbonization of certain
industrial activities, particularly those that are difficult to
electrify, while making use of existing downstream
infrastructures," said Stéphane Michel, President, Gas,
Renewables & Power at TotalEnergies.
***
About the e-NG Coalition: The e-NG Coalition is a
collaborative alliance of pioneering companies that believe
electric Natural Gas (e-NG) has a role to play to accelerate the
energy transition towards a net-zero carbon future. The Coalition
seeks to promote e-NG, build a global market with aligned emissions
accounting and certification standards, and bolster cooperation
between all stakeholders along the e-NG value chain.
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
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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).
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