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Commitment

With a target of a 40% reduction in net Scope 1+2 emissions by 2030 compared to 2015, TotalEnergies is in line with the commitments made by countries with a net-zero pledge by 2050, including the European Union with its “Fit for 55” package.

TotalEnergies wants to go even further and reduce emissions related to sales of petroleum products (Scope 3 Oil) by more than 30% from 2015 level by 2030.

TotalEnergies is also aiming to reduce methane emissions (50% from 2020 levels by 2025 and 80% from 2020 levels by 2030) to move towards zero methane.

This ambition is backed by a clear, disciplined investment policy: over the 2022-2025 period, 50% of the investments will be dedicated to growth of energies supply: 30% in the development of decarbonised energies, including 25% for renewables and electricity and 5% for new decarbonised molecules (biofuels, biogas, H2, e-fuels), and 20% for further development in gas, mainly LNG, energy of the transition to replace coal in electricity production. The other half of investments will be dedicated to maintaining and adapt the existing capacities of the worldwide upstream and downstream oil and gas facilities of TotalEnergies: 30% dedicated to maintenance and 20% dedicated to new low-cost, low-emission fields and exploration to fight against the natural decline of the fields and maintain oil production.

TotalEnergies describes its vision of a net-zero TotalEnergies in 2050, together with society, a Company that produces 50% of renewable electricity, 25% of new decarbonised molecules from biomass (biofuels, biogas) or renewable electricity (hydrogen, e-fuels) and 25% of hydrocarbons (oil and gas), whose residual Scope 3 emissions from its customers of about 100 MtCO2e will be fully captured, recycled or offset.

Lighthouse initiative

As part of this ambition, TotalEnergies wants to be a leader in biofuels, both as a producer and as a retailer. Therefore, TotalEnergies announced in September 2020 plans to invest more than €500 million to convert its Grandpuits refinery into a zero-crude platform by 2024.

Biofuels, bioplastics and plastic waste recycling form the backbone of this project, which is part of TotalEnergies’ strategy to get to net-zero emissions by 2050.

  • 400,000 metric tons/year of biomass converted into biofuels, primarily for aviation
  • 100,000 metric tons/year of PLA bioplastics produced
  • 15,000 metric tons/year of plastic waste recycled

 

 

 

Commitment

In February 2021, Shell announced it is integrating its strategy, portfolio, environmental and social ambitions under the goals of Powering Progress: generating shareholder value, achieving net-zero emissions, powering lives and respecting nature. “Powering Progress” sets out details of how Shell will achieve its target to be a net-zero emissions energy business by 2050 or sooner, in step with society. This target covers the emissions from our operations and the emissions from the use of all the energy products we sell. And crucially, it includes emissions from the oil and gas that others produce and Shell then sells as products to customers, making the target comprehensive. We will continue with short-term targets that will drive down carbon emissions as we make progress towards our 2050 target, linked to the remuneration of more than 16,500 staff. More information on “Powering Progress” is available here.

Lighthouse initiative

Shell believes that hydrogen, in conjunction with electrification and energy efficiency will play a key role to reach the European Green Deal’s climate targets by helping to decarbonise harder-to-abate sectors in transport and industry.

Europe’s largest polymer electrolyte membrane (PEM) hydrogen electrolyser began operations at Shell’s Energy and Chemicals Park Rheinland on 2 July 2021, producing green hydrogen. As part of the Refhyne European consortium and with European Commission funding through the Fuel Cells and Hydrogen Joint Undertaking, the fully operational plant is the first to use this technology at such a large scale in a refinery.

The Refhyne electrolyser will use renewable electricity to produce up to 1,300 tonnes of green hydrogen a year. This will initially be used to produce fuels with lower carbon intensity. The green hydrogen will also be used to help decarbonise other industries.

The European consortium backing the project consists of Shell, ITM Power, research organisation SINTEF, consultants Sphera and Element Energy.
Plans are under way to expand capacity of the electrolyser from 10 megawatts to 100 megawatts at the Rheinland site.

More information is available here.

Ignacio S. Galán

Iberdrola

The fight against climate change has been the main driver behind Iberdrola’s strategy of profitable growth, which has led us to invest more than €120 billion since the turn of the century and have become the  world’s biggest wind power producer and one of the lowest-emission companies among Europe’s integrated utilities. The strategic plan on clean energy and networks will trigger an investment of €75 billion in five years and enable the company to be carbon neutral in Europe by 2030.

Commitment

Iberdrola is committed to leading the energy transition, a task it has begun 20 years ago, and in which it has invested €120 billion since then, making it the world leader in renewables.

Today, our emissions are only 80g/kWh, one third of those of our sector in Europe, and we plan to reduce them by half in 2025 and reach climate neutrality in Europe already by 2030, and globally in 2050. To this aim, we will reach this year an all-time record of €10 billion in green investments.

As part of a large number of initiatives aimed at reaching the most ambitious climate goals, such as the United Nations Global Compact, we defend that aligning climate goals and industrial policies will create wealth and high-quality jobs in Europe.

Lighthouse initiative

With our partner company, Fertiberia, our objective is to decarbonise the production of ammonia and produce only green fertilisers in Spain by 2027, by integrating green hydrogen, renewable sources and hydroelectric pumping plants.

To that aim, Iberdrola will be launching the two largest plants producing green hydrogen for industrial use in Europe, amounting to 800 MW of electrolytic capacity with an investment of over €1.800 million. The first plant, Puertollano I, will consist of a solar plant, a lithium-ion battery system and a 20 MW electrolyser.

Pumped storage facilities will provide these plants with renewable power on a 24-hour basis. Iberdrola´s flagship project, the Tamega Hydroelectric complex in Portugal, with an investment of €1.500 million has enough storage capacity to supply 2 million households with clean energy for an entire day.

Commitment

Eni’s strategic roadmap will lead to the full decarbonisation of all our products and processes by 2050, combining economic and environmental sustainability while supporting the secure supply of energy.

Our strategy builds on our technology and our commitment to innovation:
Bio-refineries: Accelerated targeted capacity over 3 MTPA by 2025 versus 2 MTPA previously, and more than 5 MTPA by 2030.
Circular economy: larger use of biogas, waste and recycling final products;
Efficiency and digital solutions in operations and customer services;
Renewable capacity of >7GW by 2026, and >15GW by 2030;
Blue and green hydrogen for Eni’s bio-refining system and other hard to abate activities;

Natural or artificial carbon capture to remove residual emissions;
REDD+ initiatives: offsetting more than 6MTPA of CO2 by 2024 and more than 40MTPA by 2050;
CCS projects: total storage capacity of approximately 4.5 MTPA by 2025, 30MTPA by 2030.

The gas share of production will increase to 60% by 2030 continuing to diversify and support the energy transition, offering a secure supply of energy.

We are investing and contributing to scientific partnerships in various initiatives aimed at developing energy from fusion, a breakthrough technology which could reproduce on Earth the energy of the stars, providing virtually unlimited, clean and safe energy.

Lighthouse initiative

Biofuels can make an important contribution to reducing greenhouse gas emissions (measured in terms of CO2 equivalent according to the “well-to-wheel” methodology, i.e. considering the entire value chain) – from cars, trucks, ships and aeroplanes. Their use is particularly efficient because it is based on existing and operating technologies.

Eni produces biofuels from various feedstock. Today our bio-refineries are powered mostly by waste raw materials such as used cooking oil, animal fats and other biomass.

To ensure an increasingly sustainable supply for our bio-refineries we have launched several “agri-feedstock” projects. We are overseeing the cultivation of non-food crops on degraded land and promoting the introduction of second-harvest crops through regenerative agriculture projects that compete neither with food production nor with forest resources, in a number of African countries. In the same countries, we promote and enhance the collection of waste materials, which can be used for producing biofuel, from agriculture, livestock breeding and the agri-food, catering and tourism industry. The products are collected in our “agri-hubs” – the first one is already in operation in Kenya – are then processed in our bio-refineries and contribute to the production of biofuels, initially with a limited role but then increasingly important.

Jean-Pierre Clamadieu

ENGIE

ENGIE has been an early developer of renewable energies. It is time to accelerate the deployment of mature technologies such as wind and solar and to invest in promising solutions like biogas and hydrogen. These efforts are crucial to make the EU reach carbon neutrality.

Commitment

ENGIE’s purpose is to act to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. This purpose brings together the company, its employees, its clients and its shareholders, and reconciles economic performance with a positive impact on people and the planet. ENGIE’s actions are assessed in their entirety and over time.

Some key targets and achievements:

  • Greenhouse gas emissions from electricity production should be reduced from 149 Mt in 2016 to 43 Mt in 2030 (80 Mt in 2019).
  • Proportion of renewable energy in the electricity mix should increase from 20% in 2016 to 58% in 2030 (28% in 2019).

The amount of green bonds issued by ENGIE since 2014 now stands at €11.15 billion, making the Group one of the world’s leading corporate issuers of green bonds.

Lighthouse initiative

In Rivesaltes (France), ENGIE has built a solar power plant that at the same time serves as a car storage park. The photovoltaic solar shades shelter the parked vehicles from bad weather while allowing the production of clean and renewable electricity.

Recharging terminals for e-vehicles have been installed. To optimise its energy management, this power station is part of an experimental micro-smartgrid consisting of three photovoltaic solar shades feeding a storage system by batteries, an e-vehicle and workshops on site. To build it, ENGIE Green has called on local companies, while the photovoltaic solar panels are produced by Solarworld in Germany.

Key figures

  • 48,384 solar panels photovoltaic systems spread over 17.3 hectares of parking space
  • Total power of 13.5 megawatt-peak (MWp)
  • Investment of €17.3 million
  • Annual production of nearly 18.5 million kilowatt hours

Commitment

E.ON set itself a clear target of making its own operations carbon neutral by 2040 and for the products and services we deliver by 2050.

We have unequivocally supported the climate-neutrality target by 2050 set by the Green Deal and called for an increased ambition to 55% greenhouse gas emission reductions by 2030 to put Europe on track. And we called for a green economic recovery early on. To that end, E.ON signed several initiatives (e.g. CLG-led initiative, Green recovery Alliance) urging European institutions and national governments to agree mainstreaming climate objectives in the recovery and put our economy on a clear and resilient pathway.

Lighthouse initiative

SmartQuart drives the local energy transition and aims to almost entirely switch from fossil fuels in three districts in different cities, by intelligently connecting energy systems within and between the participating neighbourhoods. This enables the differently structured communities to complement each other sustainably and economically within a systemic network and exchange energy.

SmartQuart, which was developed by a consortium of ten partners led by E.ON, will develop new products and solutions for the planning, construction and operation of energy-optimised neighbourhoods. Citizens are actively involved in the implementation from the very beginning. The programme will test future-proof energy technologies under real conditions and on an industrial scale following the vision of zero carbon and 100% renewables. The investment amounts to a total of more than €60 million.

Commitment

We believe the world wants and needs a better and more balanced energy system that delivers secure, affordable and lower-carbon energy. We’re playing our part by investing in today’s energy system, which is mainly oil and gas – and, not or – in our transition and the energy transition. And while we’re mostly in oil and gas today, we’ve increased global investment in our lower carbon, convenience stores and power trading businesses (what we call our ‘transition growth engines’) from around 3% in 2019 to around 30% in 2022.

We are aiming to be net zero across operations, production and sales. By 2050 or sooner, we aim to get to net zero:
• across our entire operations (Scope 1 and 2)
• for the carbon in our upstream oil and gas production (Scope 3)
• for the carbon intensity of the energy products we sell (average lifecycle carbon intensity).

Lighthouse initiative

bp has celebrated the 70th anniversary of its refinery in Lingen, Germany in 2023 August. Building on the existing infrastructure of the site and its important role in the company’s refinery network, bp intends to develop the site from a conventional refinery to an integrated energy hub by 2030.

In the future, the site will offer a variety of lower-emission energy solutions, with a focus on the production of biofuels and green hydrogen. By adjusting production, the Lingen site will be able to reduce its Scope 1 emissions by up to 60%. Lingen is intended to serve the expected increase in demand for alternative fuel options, but also to continue to supply conventional fuels, energy and industrial products to ensure security of supply and an orderly energy transition.

Depending on the future market development and possible scaling options, bp plans to invest a mid to high three-digit million amount.