Energy company TotalEnergies announced today a new partnership with resource management-focused company Veolia, aimed at developing and co-investing in a portfolio of international renewable gas projects, with the target to produce up to 1.5 TWh of biomethane from organic waste per year by 2025.
The partners have agreed to produce biomethane from Veolia waste and water treatment facilities operating in more than 15 countries, with Veolia bringing its expertise in the production and processing of biogas, and TotalEnergies contributing its knowledge of the biomethane value chain.
Stéphane Michel, President Gas, Renewables & Power at TotalEnergies, said:
“We are pleased to partner with Veolia to promote the recovery of waste through the production of biomethane, and thereby the circular economy, one of the pillars of sustainable development. The development of biomethane is part of TotalEnergies’ transformation into a broad energy company, and the deployment of its ambition to be a major player in renewables.”
The initiative is expected to produce biomethane equivalent to the average annual natural gas consumption of 500,000 residents, avoiding approximately 200,000 tons of CO2 per year. TotalEnergies stated that it plans to market the biomethane produced as a renewable fuel for mobility or as a substitute for natural gas in other uses
Estelle Brachlianoff, Chief Operating Officer of Veolia, said:
“Our partnership with TotalEnergies is in line with Veolia’s strategy to develop solutions for decarbonizing the energy mix, notably with biogas, as part of an ecological transition. At the global level, the biogas resources at our sites offer more than 6 terawatt hours of primary energy. With this biomethane production potential and our know-how in biogas management, Veolia intends to become a leading player in the value chain while developing more decentralized and local green energy production capacity.”
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