“A serious and complicated debate.” This is how Patrick Pouyanné summarizes discussions about the energy transition. “If we are serious, we know that she will take time, she insists that the head of total energy in the BFM Set business during Aix’s economic meetings. There is decarbonation but especially the price of energy because it is an essential good. Can we produce electricity that is not expensive?”
“The Totalnergies strategy does not depend on the mood of a president,” he said in reference to the position of Donald Trump, which encourages the exploitation of fossil fuels, while the group is particularly present throughout the Atlantic. “In the United States, this is where we find the cheapest gas resources in the world, explains the leader. We decided to invest in new capabilities in Qatar and the United States and we can guarantee the security of Europe’s supply in the LNG since 2028”.
I still don’t agree with EDF
Regarding the price of electricity in the coming years, Patrick Pouyanné is particularly skeptical about new nuclear capabilities that will be put into service during the next decade. “It is clear that historical nuclear is not expensive, but the new nuclear power plants will be more expensive, he emphasizes, indicating that he has not yet agreed with EDF in a new contract to supply electricity. I prefer 100-120 euros in mind for MWh than the 40 euros we are talking about.”
Although the energy program of several years has fed the political debate for several weeks, the CEO of Totalergers demands to “explore the various” complementary “paths:” You should never say in this world. The Germans have made the mistake of prohibiting nuclear, they do not make the same mistake by saying that we prohibit renewable energies. “Above all, the leader of the oil group advocates a solution at European scale:” To find competitiveness in Europe, we must expand and deepen the single market. We must be able to exceed the national level. “
Source: BFM TV
