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  • Galp and TotalEnergies to jointly explore offshore wind opportunities in Portugal
    édité le 26/06/2023 - Plus de news de "GALP" - Voir la fiche entreprise de "GALP"

Galp and TotalEnergies to jointly explore offshore wind opportunities in Portugal
Galp and TotalEnergies agreed to jointly explore potential offshore wind opportunities in Portugal, as the country prepares to promote a plan for 10 GW of offshore wind-power capacity in the coming years.

The two companies will work together to develop potential offshore wind projects along the Portuguese coast. This partnership will combine Galp’s strong presence, experience, and knowledge in the Portuguese market with TotalEnergies’ expertise in large-scale offshore wind projects (with a 12 GW global portfolio) and growing Iberian presence. Both companies can leverage their technical strengths and understanding of energy markets to play a key role in the development of the offshore wind industry in Portugal.

Galp and TotalEnergies share a commitment to the energy transition and are determined to develop renewable energy sources that will help to reduce carbon emissions and promote sustainable development, in line with both companies’ ambition of achieving net zero emissions worldwide by 2050.

Portugal, one of the European countries with the highest share of wind power in its electricity mix, has set the ambition to promote the development of 10GW of offshore wind capacity, opening a range of opportunities given its wide coastline with favourable weather conditions and the existing industrial infrastructure.

“We are delighted with this new partnership with Galp, one of the most relevant players in Iberia, which will contribute to our ambition to install 100 GW of global renewable generation capacity by 2030. TotalEnergies is a major player in the energy transition in Europe. Offshore wind energy will strengthen TotalEnergies' renewable activities in Portugal where we have a total portfolio of more than 1 GW of solar and wind projects in operation or under development,” said Olivier Terneaud, VP Offshore Wind at TotalEnergies.

“Galp plans to transform its industrial base in Portugal to provide a wide range of low-carbon energy solutions and renewables are the backbone for this transition,” said Georgios Papadimitriou, Galp’s Executive Board member for Renewables, New Businesses, and Innovation. “As the country is looking into offshore wind, we could think of no better partner to team-up with than TotalEnergies as we prepare to explore this new opportunity,” he added.

In Portugal, TotalEnergies has more than 130 employees, working on renewable energies, and a portfolio of more than 550 MW of wind and solar energy under development. It operates with one of its affiliates, Total Eren, a portfolio of 545,1 MW of installed RES capacity covering several technologies, namely onshore wind, solar PV, as well as hydro.

About Galp

Galp is an energy company committed to the development of efficient and sustainable solutions in its operations and in the integrated offers to its customers. We create simple, flexible and competitive solutions for the energy or mobility needs of large industries, as well as small and medium-sized businesses and individual consumers. Our offer includes various types of energy – from electricity produced from renewable sources to natural gas and liquid fuels. As a producer, we extract oil and natural gas from reservoirs located miles below sea level, while also being one of the largest Iberian producers of solar-based electricity. We contribute to the economic development of the 10 countries where we operate, and to the social progress of the communities that welcome us. We are, therefore, leaders in our sector in the world's main sustainability indices. Galp has 6,360 employees. Galp is already one of Iberia’s leading solar PV producers, with 1.4 GW in operation, and plans to expand its renewable energies capacity to 4 GW by 2025. The company has committed to directing more than half of its investments in the coming years to renewables and new low-carbon energies and businesses.

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

Origine : Communiqué GALP

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