TIDMTTE
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Safran have
signed a strategic partnership agreement to jointly develop
technical and commercial solutions for the decarbonization of the
aviation industry.
In line with the ambition of both companies to reach net zero
CO(2) emissions by 2050, this major partnership aims to accelerate
the reduction of the CO(2) emissions of the aviation industry.
Sustainable aviation fuel (SAF) plays a key role in this
approach.
The collaboration will leverage Safran and TotalEnergies'
respective areas of excellence and expertise for the development
and deployment of sustainable aviation fuels and develop an
informed understanding of the overall value chain and use cases,
while integrating the objectives of sustainable development
altogether.
In the short term, the partnership aims to make current engines
compatible with fuel containing up to 100% SAF. Longer term, it
will then work to optimize engine/fuel energy efficiency and
environmental performance.
This collaboration may extend to other fields, such as adapting
fuel systems to SAF or developing new-generation battery systems
for electric motors.
The agreement focuses on three key areas:
-- Research, technology and innovation, with the development of
technological bricks validated through ground tests of propulsion systems
and demonstrator flight tests of engines.
-- Supply of sustainable aviation fuels produced in France by TotalEnergies
to decarbonize Safran's airplane and helicopter engine tests in France.
-- Dialogue and promotion, through initiatives to raise awareness among
public and private players in France, Europe and worldwide.
Patrick Pouyanné, Chairman and Chief Executive Officer of
TotalEnergies, declared: "We are pleased to join forces with Safran
to help meet the challenge of decarbonizing the aviation industry
together. This strategic alliance will contribute to the emergence
of a French value chain for sustainable aviation fuel and electric
aircraft. TotalEnergies is resolutely committed to reducing its own
carbon emissions and to supporting its customers in their reduction
efforts by offering innovative, tailored solutions. We believe that
cooperation among all aviation industry players is needed to
achieve the objectives of the energy transition to reach carbon
neutrality."
Olivier Andriès, Chief Executive Officer of Safran, said: "I
welcome this agreement, which is fully in line with Safran's
strategic priority to decarbonize aviation. Our ambition is to
develop breakthrough technologies for ultra-efficient engines that
are 20% more fuel-efficient than the current LEAP engine and 100%
compatible with sustainable fuels. This cooperation with
TotalEnergies demonstrates our commitment to limiting our
environmental footprint, contributing to carbon neutrality in the
aviation industry, and preserving a mode of transportation that
delivers essential economic, social and cultural benefits."
Sustainable aviation fuels are an immediately available solution
for significantly reducing CO(2) emissions from air transportation,
as they can be used in blends of up to 50% as of today without
modifying existing supply chain infrastructure, aircraft or
engines. Safran is a key player in projects that will allow the use
of 100% SAF in existing aircraft.
French legislation calls for aircraft to use at least 1% SAF by
2022 for all flights originating in France, while the European
Commission calls for a ramp up to 2% by 2025 and 5% by 2030 as part
of the European Green Deal.
***
TotalEnergies and Aviation
TotalEnergies is one of the leading aviation fuel suppliers in
France, the rest of Europe and Africa, providing refueling services
to nearly 280 airlines in more than 300 airports worldwide. The
Company proposes a full range of products (SAF, Jet A-1, Avgas) and
services tailored to each type of customer: business or leisure
flights, aviation industry, airports, airlines, etc.
TotalEnergies is involved in numerous initiatives to produce and
market sustainable aviation fuel in partnership with aviation
industry partners. A dedicated Renewable Fuels Business Unit was
created in 2021, and a new milestone was reached in May 2021 with
the successful first flight of a long-haul aircraft powered by
sustainable aviation fuel produced by TotalEnergies in France.
By developing and supporting the emergence of a sustainable
aviation fuel value chain, TotalEnergies confirms the leadership
role played by France and the rest of Europe in driving innovation
in the energy and environmental transition.
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.
About Safran
Safran is an international high-technology group, operating in
the aviation (propulsion, equipment and interiors), defense and
space markets. Its core purpose is to contribute to a safer, more
sustainable world, where air transport is more environmentally
friendly, comfortable and accessible. Safran has a global presence,
with 76,000 employees and sales of 16.5 billion euros in 2020 and
holds, alone or in partnership, world or regional leadership
positions in its core markets. Safran undertakes research and
development programs aligned with the environmental priorities of
its technological innovation roadmap.
Safran is listed on the Euronext Paris stock exchange, and is
part of the CAC 40 and Euro Stoxx 50 indices. For more information:
https://www.safran-group.com/ Follow @Safran on Twitter
Cautionary Note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TotalEnergies SE directly or indirectly owns investments are
separate legal entities. TotalEnergies SE has no liability for
their acts or omissions. The terms "Company" or "TotalEnergies
company" refer collectively to the company TotalEnergies SE and the
companies it controls directly or indirectly. Such terms are used
solely for the sake of convenience for purposes of the present
communication. Likewise, the words "we", "us" and "our" may also be
used to refer to subsidiaries in general or to those who work for
them. This document may contain forward-looking information and
statements that are based on a number of economic data and
assumptions made in a given economic, competitive and regulatory
environment. They may prove to be inaccurate in the future and are
subject to a number of risk factors. Neither TotalEnergies SE nor
any of its subsidiaries assumes any obligation to update publicly
any forward-looking information or statement, objectives or trends
contained in this document whether as a result of new information,
future events or otherwise.
TotalEnergies Contacts
Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l
@TotalEnergiesPR
Investor Relations: +44 (0)207 719 7962 l
ir@totalenergies.com
Safran Contacts
Catherine Malek:catherine.malek@safrangroup.com / +33 1 40 60 80
28
Isabelle Javary: isabelle.javary@safrangroup.com / +33 1 40 60
82 20
Twitter: @TotalEnergies LinkedIn: TotalEnergies Facebook:
TotalEnergies Instagram: TotalEnergies
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CONTACT:
TotalEnergies SE
SOURCE: TotalEnergies SE
Copyright Business Wire 2021
(END) Dow Jones Newswires
September 27, 2021 02:47 ET (06:47 GMT)
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