To achieve carbon neutrality, the global energy mix will have to evolve considerably. TotalEnergies is already carving out a position in this future energy supply and diversifying its energy mix accordingly, reducing the share of its petroleum products and increasing natural gas, as a transition fuel, and renewable electricity.

The markets for low-carbon electricity and gas (natural gas, biogas and hydrogen) will need to grow, while coal will have to be eliminated and demand for oil will need to stabilize and then decline.

The energy mix of our sales will therefore shift significantly, and could stand at 50% gas, 30% petroleum products, 15% majority-renewable electricity and 5% biomass and hydrogen by 2030. The shift in the mix towards lower-carbon products will allow us to reduce the lifecycle carbon intensity of energy products sold by at least 20% by 2030.