Totalenergies Se · EURONEXT:TTE
Totalenergies — Technical Presentation (November 2026)
32 slides from Totalenergies's technical presentation, Nov 2, 2026
Slide 1: TotalEnergies Energy Outlook 2026
TotalEnergies Energy Outlook 2026 November 2nd, 2026 1 I Conlinoise wind farm – France Champagne
Slide 2: Energy access is essential to human development
Energy access is essential to human development UN Human Development Index 1,0 Asia OECD North America 0,9 Europe Middle East ~4.8 billion people lack sufficient Latin access to energy 0,8 America (below ~ 70 GJ/capita) Central Asia and China Asia 0,7 non-OECD 0,6 Africa Primary Energy Demand 0,5 Pe
Slide 3: Where do we stand?
PART 1 Where do we stand? 3 I Solar Farm - Texas, USA Danish Fields
Slide 4: Evolution of global energy indicators since 2000
ENERGY AND EMISSIONS Part 1 Where do we stand? Evolution of global energy indicators since 2000 Primary energy demand and CO2 emissions decouple from GDP Evolution since 2000 2000=100 Compound Annual Growth Rates (CAGR) 240 2000-2025e 2024-2025e 230 GDP 3.4% 3.4% 220 Electricity demand 3.1% 3.1% 210
Slide 5: Recent trends across regions
ENERGY AND EMISSIONS Part 1 Where do we stand? Recent trends across regions Emissions have risen more slowly than energy demand since 2015 Total Primary Energy Demand (TPED) growth Energy-related CO2 emissions evolution EJ GtCO2 CAGR CAGR CAGR CAGR 2000-2015 2015-2025e 2000-2015 2015-2025e 36 670 +2
Slide 6: Global greenhouse gas emissions
ENERGY AND EMISSIONS Part 1 Where do we stand? Global greenhouse gas emissions Coal in electricity generation remains the largest source of emissions Global anthropogenic GHG emissions in 2024 Global energy-related GHG emissions in 2024 GtCO2e GtCO2e Total Electricity Energy-related CO₂ emissions 36
Slide 7: Global fossil fuels demand in 2024
ENERGY AND EMISSIONS Part 1 Where do we stand? Global fossil fuels demand in 2024 Domestic resource availability drives national fuel choices Coal Oil products** Gas CO2 emissions* 17 GtCO2 11.4 GtCO2 7.7 GtCO2 9% 17% 2% 2% 22% 2% 2% 31% 29% 2% 3% 3% 8,740 Mt 101 Mb/d 4,180 Bcm 4% 189 EJ 196 EJ 17%
Slide 8: Energy investment
EVOLUTIONS OF THE ENERGY SYSTEM Part 1 Where do we stand? Energy investment Low-carbon investment grew in every category Low-carbon vs. fossil fuel investment Low-carbon to fossil fuel investment ratio 2025 vs. 2015 Investment by category USD billion by region in 2025 USD billion USD billion Low-car
Slide 9: Electricity & low-carbon energy growth
EVOLUTIONS OF THE ENERGY SYSTEM Part 1 Where do we stand? Electricity & low-carbon energy growth Growing share of low-carbon electricity in final energy demand Share of electricity in Total Final Consumption Annual change in electricity generation by fuel % CAGR TWh 2000-2025e 2 000 30% +3.0 % 25% 1
Slide 10: Clean technology demand and supply
EVOLUTIONS OF THE ENERGY SYSTEM Part 1 Where do we stand? Clean technology demand and supply China dominates low-carbon technology deployment and manufacturing Country shares of global clean technology China’s share of global shipments by technology, 2025e Solar PV additions Wind additions EV light
Slide 11: Rapid growth of Battery Storage (BESS)
EVOLUTIONS OF THE ENERGY SYSTEM Part 1 Where do we stand? Rapid growth of Battery Storage (BESS) Falling battery costs are supporting renewables growth BESS* pack price (left) vs. cumulative CAISO**: batteries shift solar output Cumulative installed BESS in Africa storage capacity (right) to the eve
Slide 12: Clean technology sales acceleration in 2026
EVOLUTIONS OF THE ENERGY SYSTEM Part 1 Where do we stand? Clean technology sales acceleration in 2026 Electric vehicles and solar PV sales have accelerated since the Middle East crisis, especially in fossil fuels importing countries BEV* sales growth rate, Q2 2026 vs. Q2 2025 Value of Chinese solar
Slide 13: Energy scenarios
PART 2 Energy scenarios 13 I Danish Fields Solar Farm - Texas, USA
Slide 14: Three Energy scenarios
ENERGY SCENARIOS Comparing emission pathways across the scenarios Three Energy scenarios Trends Momentum Rupture Emissions (GtCO2*) Emissions (GtCO2*) Emissions (GtCO2*) Recent energy policy and technology Countries with Net Zero 2050 pledges Goal-driven: below 2°C trends continue meet their targets
Slide 15: From Trends to Momentum and Rupture
ENERGY SCENARIOS From Trends to Momentum and Rupture – in 2060 All decarbonization levers would have to be pushed further to remain below 2°C Trends Momentum Rupture Strong electrification of end-use ~36% of final demand ~41% ~50% Part 2 Energy scenarios Deep decarbonization of 36 300 TWh* 42 100 TW
Slide 16: Primary energy demand outlook to 2060
ENERGY SCENARIOS Primary energy demand outlook to 2060 Coal progressively replaced by renewables in all scenarios Total Primary Energy Demand (TPED) by fuel, Trends, Momentum and Rupture scenarios EJ Part 2 Energy scenarios 900 The Trends scenario assumes that coal 800 780 750 demand progressively d
Slide 17: Electricity demand outlook to 2060
ENERGY SCENARIOS Electricity demand outlook to 2060 Electricity demand* is growing globally, fueled by new uses and accelerating electrification Electricity demand* by region, Trends, Momentum and Rupture scenarios TWh Part 2 Energy scenarios 90 000 85 500 80 000 75 300 73 300 20% 68 400 70 000 64 9
Slide 18: Oil products demand outlook to 2060
ENERGY SCENARIOS Oil products demand outlook to 2060 In all scenarios, oil fields naturally decline faster than demand, making continued investment necessary Oil products* demand by sector, Trends, Momentum and Rupture scenarios Mb/d Part 2 Energy scenarios 101 102 100 96 9% 8% 92 93 8% 88 9% 8% 7%
Slide 19: Gas demand outlook to 2060
ENERGY SCENARIOS Gas demand outlook to 2060 Demand grows until the 2040s, then plateaus Gas demand by region, Trends scenario Gas demand by sector, Trends scenario Bcm* Bcm* CAGR CAGR 2025-60 2025-60 Part 2 Energy scenarios 5000 4 780 4 680 4 680 5 000 4 780 4 680 4 680 +0.3 % +0.3 % 4 250 4 250 Gas
Slide 20: What to expect in the next ten years (2025-2035)?
PART 3 What to expect in the next ten years (2025-2035)? 20 I 1st loading of the LNG Adventure vessel at the Cameron LNG liquefaction terminal in Louisiana - USA
Slide 21: BEV adoption across the world
TRENDS SCENARIO: EVOLUTION UP TO 2035 BEV adoption across the world Electrification dynamics differ by region BEV share of light-vehicle* sales and fleet by region % China Rest of Asia Europe North America 80% 76% 80% 66% 65% 33% 34% Sales 18% 21% 21% 17% 8% Part 3 2025 - 2035 6% Trends Trends Trend
Slide 22: Increase in road biofuels demand
TRENDS SCENARIO: EVOLUTION UP TO 2035 Increase in road biofuels demand Energy security concerns strengthen biofuels ambitions in feedstock-rich countries Countries raising biofuel blending ambitions in 2026* Road biofuels** demand Mb/d Franco-German proposal: limited replacement of EVs with +0.8 Mb/
Slide 23: Road energy demand
TRENDS SCENARIO: EVOLUTION UP TO 2035 Road energy demand Electrification and biofuels gradually replace oil products demand Road* energy demand by fuel Road oil products demand by region Mb/d Mb/d 50 60 44 44 52 53 43 49 5% 50 5% 40 3% 3% 3% 25% 7% 8% 10% 28% 29% Hydrogen Rest of World 40 Electricit
Slide 24: Electricity system evolution
TRENDS SCENARIO: EVOLUTION UP TO 2035 Electricity system evolution Demand growth is met by different generation mixes across regions Global electricity demand growth by use, 2025-2035 Electricity generation mix in selected regions TWh TWh Of which electrification China Emerging Asia*** 11 500 5 600
Slide 25: Regional deep dives
PART 4 Regional deep dives 25 I Tempa Rossa oil and gas site in Corleto Perticara - Southern Italy
Slide 26: The United States: from fossil fuels importer to energy powerhouse
REGIONAL DEEP DIVES The United States: from fossil fuels importer to energy powerhouse Oil and gas have delivered energy security, while coal-to-gas switching drove emission cuts Oil production* by region LNG exports by region Fuel shares and emissions of the U.S. electricity mix Mb/d, % of global o
Slide 27: The United States: electricity demand and supply outlook
REGIONAL DEEP DIVES The United States: electricity demand and supply outlook Meeting data center demand with every available generation technology Annualized electricity demand growth in the U.S. Electricity generation by fuel in the U.S., Trends scenario by sector, Trends scenario TWh TWh/yr 120 9
Slide 28: China: an electrostate
REGIONAL DEEP DIVES China: an electrostate Demand continues to grow, while coal gradually shifts from baseload to flexible source Light vehicle* fleet in China Electricity supply in China by fuel Millions TWh 500 500 470 450 25 000 4% 16% 10% 21 400 400 350 30% 20 300 Others 300 240 20% 20 000 PHEV
Slide 29: Europe: Green Deal implementation
REGIONAL DEEP DIVES Europe: Green Deal implementation Europe is significantly reducing emissions but not fully meeting its targets and relies on cleantech imports CO2 emissions* reduction vs. 1990 in the EU under Share of EU cleantech demand met by imports in 2025 different scenarios % of EU market
Slide 30: Europe's energy policy challenge
REGIONAL DEEP DIVES Europe’s energy policy challenge Massive investment is required EU climate investment required per year, 2026-2030* Total Primary Energy Demand by fuel in the EU € billion per year EJ 1 000 60 55 ~880€ bn (5% GDP) 51 6% 50 2% 47 800 12% 12% Gap 3% 345€ bn 19% 40 13% 13% (~2% GDP)
Slide 31: Conclusion: diversified pathways ahead
Conclusion: diversified pathways ahead Different approaches to balance energy security, affordability and sustainability Four decarbonization pathways, four different energy mixes Total Primary Energy Demand in Trends scenario, EJ United States China Emerging Asia (India + ASEAN) European Union Foss
Slide 32: Disclaimer and copyright reservation
Disclaimer and copyright reservation Definition - TotalEnergies / Company The entities in which TotalEnergies SE directly or indirectly holds an interest are separate and independent legal entities. The terms "TotalEnergies", "TotalEnergies company" and "Company" used in this document refer to Total
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