We are aiming to achieve our goal of becoming one of the world''s top five producers of solar and wind energy by 2030. The report spells out our actions to tackle global warming, such as the ongoing effort to drastically cut our methane emissions.
Renewable energy generates over 20% of all U.S. electricity, and that percentage continues to grow. The following graphic breaks down the shares of total electricity production in 2022 among the types of renewable power: In 2022, annual U.S. renewable energy generation surpassed coal for the first time in history.
Photovoltaic panels, ground-based power plants, decentralized systems, storage solutions and marketing to end-customers, we are present across the entire value chain and fast-tracking the deployment of solar technology.
The Company''s objective is to produce more than 100 TWh/year by 2030, which would place it among the world''s top five producers of renewable electricity (wind and solar). TotalEnergies creates value through integration along the electricity chain.
We design and finance photovoltaic solar plants, and build and operate them as well. In a four-year time span, our renewable power generation capacity increased by more than tenfold, from 0.7 GW in 2017 to 10 GW in 2021.
In renewables, we are pursuing two ambitious goals for 2030: to join the world''s top five renewables producers and to have a gross renewable electricity generation capacity of 100 GW. In this way, we are acting to contribute to the carbon neutrality of society.
Total U.S. renewable energy production and consumption reached record highs in 2022. In 2022, renewable energy provided about 13%, or 13.18 quadrillion British thermal units (Btu)—1 quadrillion is the number 1 followed by 15 zeros—of total U.S. energy consumption.
Renewables & electricity. In the United States, we have a solar and wind power generation and battery storage portfolio of more than 25 GW. We are also developing 4 GW of fixed-bottom offshore wind off the U.S. East Coast. Our affiliate SunPower is the North American market leader in distributed solar power generation.
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity.
Renewable energies. Solar and wind: our ambition in renewable energies. The world''s energy future is being shaped by the dual challenge of climate change and rising demand for energy.