REG-TotalEnergies SE TotalEnergies Launches New Battery Storage Project in Belgium

TotalEnergies SEAnnouncement

03/04/2024 08:45

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TotalEnergies Launches New Battery Storage Project in Belgium

 

On the occasion of Belgian Energy Minister Tinne Van der Straeten's visit to
TotalEnergies' (Paris:TTE) (LSE:TTE) (NYSE:TTE) Antwerp refinery battery
storage project, the Company announced the development in Belgium of a second
similar project.

The new project will be developed on the site of TotalEnergies’ depot in
Feluy. It will have a power rating of 25 MW and capacity of 75 MWh, thanks to
the forty Intensium Max High Energy lithium-ion containers supplied by Saft.
Start-up is expected at the end of 2025.

These two projects, which represent a global investment of nearly €70
million, will bring TotalEnergies' storage capacity in Belgium to 50 MW / 150
MWh.

These battery storage sites play a key role in the resilience of the
electricity system, providing flexibility and helping solve grid congestion
problems. They also encourage the growth of renewable energies in the country,
which require solutions like these to compensate for their intermittency.

"We are pleased to announce this new storage project in Feluy, just a year
after we began our Antwerp project, which should be operational by the end of
the year. These projects are fully in line with our integrated development
strategy for electricity, not just in Belgium, but globally," said Olivier
Jouny, Senior Vice President, Integrated Power at TotalEnergies. "These
technical systems also confirm the European leadership of our affiliate
specialized in battery production, Saft, and its industrial-scale stationary
storage know-how."

TotalEnergies and electricity in Belgium

In Belgium, TotalEnergies is a major player along the entire electricity value
chain. As an electricity supplier, the Company has a portfolio of 900,000
customers.

As an electricity producer, TotalEnergies relies in particular on the
Marchienne-au-Pont CCGT power plant (430 MW), the Plate-Taille hydroelectric
storage (140 MW), and an offshore wind farm located in the Belgian North Sea
(300 MW). TotalEnergies is also developing solar and onshore wind projects,
with a portfolio of 300 MW.

In electric mobility, TotalEnergies already has more than 10,000 charging
points in operation (35% on roads, 20% at private homes and 45% in offices)
throughout the country. TotalEnergies operates recharging points in major
cities such as Antwerp, Brussels and Ghent.

***

About Saft

Saft specializes in advanced technology battery solutions for industry, from
the design and development to the production, customization and service
provision. For more than 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 from the Arctic Circle to the
Sahara Desert. Saft is a wholly owned subsidiary of TotalEnergies, a broad
energy company that produces and markets energies on a global scale: oil and
biofuels, natural gas and green gases, renewables and electricity.

About TotalEnergies

TotalEnergies is a global integrated 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 provide as many
people as possible with energy that is more reliable, more affordable and more
sustainable. Active in about 120 countries, TotalEnergies places
sustainability at the heart of its strategy, its projects and its operations.

TotalEnergies Contacts

Media Relations:+33 (0)1 47 44 46 99l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations:+33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

@TotalEnergies
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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).



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