Power moves: TotalEnergies’ Integrated Power strategy assessed

TotalEnergies is powering ahead in integrated power while many rivals scale back. The company has doubled electricity production since 2021, lifted returns on average capital employed to 10% and generated nearly a tenth of group operating cash flow from its fast-growing Integrated Power business.  

It’s clear, consistent strategy - spanning renewables, flexible generation, trading and retail - sets it apart from peers. But driving returns even higher and more than doubling operating cash flow by 2030 will require flawless execution across every element of the value chain. 

Our Corporate Strategy & Analytics Service recently published a deep dive into TotalEnergies’ integrated power strategy to deliver our verdict on whether the company can hit its ambitious targets. We discussed our findings in a recent webinar; ‘European utilities and oil & gas majors’ investment in global power’. Complete the form on this page to download the replay of the full webinar, where we explored:  

• How have budget cuts affected the P&R investment outlook? 

• Which companies are now set to invest most and in which P&R segments? 

• Can TotalEnergies deliver its targets for integrated power? 

• How can companies target the growth opportunity in gas-fired power generation? 

Learn more 

Our report, which is available through our Corporate Strategy & Analytics Service, breaks down how the firm achieved a 10% ROACE for integrated power in 2024 and considers the future prospects for its integrated power strategy.  

Remember to fill out the form at the top of the page to watch the webinar on European utilities and oil & gas majors’ investment in global power in full.