REG-TotalEnergies SE Integrated Power & Renewables: TotalEnergies Launches in Belgium Its Largest Battery Energy Storage Project in Europe

TotalEnergies SEAnnouncement

15/05/2023 07:45

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Integrated Power & Renewables: TotalEnergies Launches in Belgium Its
Largest Battery Energy Storage Project in Europe

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has launched at its Antwerp
refinery (Belgium), a battery farm project for energy storage with a power
rating of 25 MW and capacity of 75 MWh, equivalent to the daily consumption of
close to 10,000 households.

A First Flagship Energy Storage Project in Belgium

After commissioning four battery parks in France offering total energy storage
capacity of 130 MWh, this project will be the Company's largest battery
installation in Europe. The batteries, 40 Intensium Max High Energy
lithium-ion containers, will be supplied by Saft, the battery subsidiary of
TotalEnergies, confirming its position as European leader in industrial-scale
stationary storage with this project.

The installation, which will be operational by the end of 2024, will help meet
the needs of the European and Belgian high-voltage transmission network 24/7
by:


 * Smoothing power fluctuations in the national grid on a daily basis,
particularly during peak winter periods.

 * Guaranteeing grid security by participating actively in the national grid's
reserve services.

 * Allowing more renewable electricity to be integrated into the grid.

Essential for the Development of Renewable Energies

TotalEnergies is delighted to develop this storage project, which will
compensate for the intermittency introduced by renewable energies and thus
enable their development. Batteries are an effective response to the growing
need for grid balancing. They can be deployed quickly, have a limited
footprint and high reactivity. As a result, they can help meet the new
challenges facing power grids today.

This project, located on the Antwerp refinery site, will benefit from the
available land and the site’s grid connection. It is a new step in
TotalEnergies' development of battery energy storage systems (BESS) which
strengthens the Company's presence across the entire electricity value chain
in Belgium (production, storage, supply).

“This first storage project in Belgium – our largest in Europe – will
help ensure the stability of the Belgian and European grids to allow for
greater development of renewable energies. It fits in perfectly with the
multi-energy strategy of TotalEnergies. Backed by Saft's battery energy
storage system expertise, TotalEnergies intends to deploy storage solutions
– notably in countries where we are actively developing renewable energies.
With its energy storage solutions, TotalEnergies supports the growth of
renewable energy production in the European energy mix," said Olivier Jouny,
Senior Vice President Integrated Power at TotalEnergies.

TotalEnergies and electricity in Belgium

In Belgium, TotalEnergies is a major player in the entire electricity value
chain. As an electricity supplier, the company has a portfolio of 450,000 BtC
sites and around 100,000 BtB sites. To supply them with energy, TotalEnergies
relies in particular on the Marchienne-au-Pont CCGT power plant (430 MW), the
Plate-Taille hydroelectric dam (140 MW), and a wind farm located in the
Belgian waters of the North Sea (300 MW). TotalEnergies is also developing
solar and onshore wind projects, with a portfolio of 300 MW. In electric
mobility, TotalEnergies has 5,100 recharging points in operation (35% on the
road, 20% at home and 45% in offices) and 7,000 recharging points under
development. TotalEnergies operates charging points in major Belgian cities
such as Antwerp, Brussels, Ghent and Flanders.

***

TotalEnergies and renewables electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building
a portfolio of activities in electricity and renewables. At the end of 2022,
TotalEnergies' gross renewable electricity generation installed capacity was
17 GW. TotalEnergies will continue to expand this business to reach 35 GW of
gross production capacity from renewable sources and storage by 2025, and then
100 GW by 2030 with the objective of being among the world's top 5 producers
of electricity from wind and solar energy.

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.

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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).

TotalEnergies

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