Energy market update: Upcoming regulatory changes and the impact on customers

Here, Rob Kerr, our Customer Services Director summarises upcoming changes to the business energy market and what they mean in practice for customers

Equinor and partners mull 1GW floating offshore wind farm to power oil fields

Located around 65 kilometres west of Bergen in the Troll and Oseberg fields, Trollvind would supply around 4.3TWh of electricity a year to the offshore fields through on onshore connection point

Adani and TotalEnergies partner for ‘world’s largest’ green hydrogen facility

The new project represents the largest hydrogen commitment in India by a company

TotalEnergies to buy 50% stake in US renewable giant Clearway Energy

It has signed agreements with Global Infrastructure Partners towards the purchase CEG, which is TotalEnergies’ largest acquisition in renewables in the US

Developing activities that contribute to society’s carbon neutrality

Carbon storage is a key factor to achieve carbon neutrality in the second half of the 21st century. We are developing businesses with a focus on preserving and restoring ecosystems that act as carbon sinks and on CCUS technology

TotalEnergies bolsters US renewables portfolio by 4GW

It has acquired Austin-based Core Solar

TotalEnergies and Japan’s ENEOS tie up for 2GW solar power in Asia

The two companies have formed a 50/50 joint venture to develop the solar projects over the next five years

3D carbon capture pilot begins in Dunkirk

It is expected to capture more than 4,000 tonnes of carbon each year

TotalEnergies to stop buying oil from Russia by year-end

The French energy giant said it would provide no new capital for its Arctic LNG project in Siberia, which is still under construction, however, it will continue to buy natural gas from Russia

TotalEnergies and Honeywell to boost plastic recycling

The aim is to recycle 30,000 tonnes of plastic each year