REG-TotalEnergies SE TotalEnergies and Veolia Join Forces to Develop CO2-based Microalgae Cultivation to Produce Next-generation Biofuels

TotalEnergies SEAnnouncement

06/07/2021 07:50

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TotalEnergies and Veolia Join Forces to Develop CO(2)-based Microalgae
Cultivation to Produce Next-generation Biofuels

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Veolia have joined forces
to accelerate the development of microalgae cultivation using CO(2). The two
partners will pool their know-how to develop a four-year research project at
the La Mède biorefinery, operated by TotalEnergies, with the long-term goal
of producing biofuel.

Through photosynthesis, microalgae use sunlight and CO(2) from the atmosphere
or from industrial processes to grow. When mature, they can be transformed
into next-generation biofuels with low carbon intensity.

As part of the project, a test platform will be set up to compare different
innovative systems for growing microalgae and identify the most efficient
ones.

Veolia will therefore bring its expertise in:


 * the water sector to optimize management of the microalgae's aquatic
environment,

 * the development of algal biomass as an effective solution for CO(2) capture.

TotalEnergies, in synergy with the business lines at the La Mède site, will
bring its expertise in:


 * the cultivation and refining of biomass to produce advanced biofuels,

 * CO(2) capture and utilization technologies.

“We are pleased to join forces with Veolia at our La Mède site to
accelerate the assessment of microalgae cultivation systems using CO(2), in
the aim of producing next-generation biofuels. Biofuels will enable
TotalEnergies’ clients to reduce their carbon footprint, and thus contribute
to the ambition of achieving carbon neutrality by 2050 together with the
society,” announced Marie-Noëlle Semeria, Chief Technology Officer at
TotalEnergies.

"This unique partnership enables TotalEnergies and Veolia to accelerate the
production cycle of a promising alternative energy that is necessary to
protect the planet. With this project, Veolia can contribute its technical
expertise in optimizing and securing biological treatments to a more global
context that will have a positive impact on the ecological transformation.
This partnership is an excellent example of the ecological innovation
capacities that Veolia wants to offer its customers in response to the climate
change,” said Philippe Seberac, Technical and Scientific Director at
Veolia.”

About TotalEnergies Research and Innovation

TotalEnergies deploys its Research and Innovation in the fields of solar and
wind energy, storage solutions and hybrid energy systems, distributed energy
networks, biofuels, biogas, hydrogen, low-carbon products for alternative
mobility, and carbon capture, storage and utilization technologies.
TotalEnergies Research and Innovation’s 4,300 employees based in 18 research
centers around the world work hand in hand with researchers, students and
entrepreneurs who are committed to supporting the energy transition.

About TotalEnergies 

TotalEnergies is a broad energy company that produces and markets energies on
a global scale: oil and biofuels, natural gas and green gases, renewables, and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, clean, 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.

TotalEnergies Contacts 

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

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

About Veolia 

The Veolia Group's ambition is to be the benchmark company for the ecological
transition. With operations on every continent and almost 179,000 employees,
the Group designs and distributes useful, concrete solutions for the
management of water, waste, and energy, which help bring about radical change.
Through its three complementary activities, Veolia is growing access to
resources, preserving the resources available, and renewing them. In 2020, the
Veolia Group provided 95 million people with drinking water and 62 million
with sanitation; it generated almost 43 million megawatt hours and recycled 47
million tons of waste. Veolia Environnement (Paris Euronext: VIE) posted
consolidated sales of €26.010 billion in 2020.

Cautionary Note 

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TotalEnergies SE directly or
indirectly owns investments are separate legal entities. TotalEnergies SE has
no liability for their acts or omissions. The terms “Company” or
“TotalEnergies company” refer collectively to the company TotalEnergies SE
and the companies it controls directly or indirectly. Such terms are used
solely for the sake of convenience for purposes of the present communication.
Likewise, the words “we”, “us” and “our” may also be used to refer
to subsidiaries in general or to those who work for them. 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.



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