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COINTURK FINANCE > Business > Energy Giants TotalEnergies and Veolia Expand Collaborative Efforts
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Energy Giants TotalEnergies and Veolia Expand Collaborative Efforts

Overview

  • TotalEnergies and Veolia expand their partnership focusing on sustainability.

  • AUSEA drones to target methane emissions in landfill operations.

  • Efforts aim to reduce freshwater use and boost desalination with renewables.

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In a strategic move towards sustainability, TotalEnergies and Veolia have expanded their partnership through a new memorandum of understanding. Focused on enhancing energy efficiency and resource management, this agreement seeks to address industry challenges by leveraging both companies’ strengths. Their collaboration is set to push boundaries in tackling pressing environmental issues, combining efforts to produce tangible results in areas like emissions reduction and water conservation.

Contents
How Will the Partnership Benefit Environmental Goals?What Technologies are Being Utilized?

TotalEnergies and Veolia first joined hands in a 2022 agreement targeting biomethane production from waste. This initiative highlighted Veolia’s capabilities in biogas production, complemented by TotalEnergies’ expertise in the biomethane sector. Over time, their collaboration evolved to explore more innovative resource extraction from waste, underpinning the current memorandum’s broader focus on sustainable practices and competitive industry transformation.

How Will the Partnership Benefit Environmental Goals?

The partnership integrates Veolia’s specialized knowledge in water and waste management with TotalEnergies’ capabilities in reducing methane emissions and supplying low-carbon energy. This synergy aims to introduce large-scale solutions to decrease emissions across various industries. Patrick Pouyanné, Chairman and CEO of TotalEnergies, highlighted the initiative’s potential impact:

“Together, we can make a concrete contribution to the energy transition and the circular economy. We are convinced that cooperations like those we are developing with Veolia are very useful to make tangible progress and sustainably limit the environmental footprint of our companies.”

What Technologies are Being Utilized?

TotalEnergies plans to deploy its AUSEA drone system in Veolia landfills to accurately detect and measure methane leaks, which is pivotal in capturing 80% of landfill methane by 2032. This effort will significantly minimize methane emissions from landfills, helping Veolia achieve its ambitious goal. Moreover, TotalEnergies aims to cut freshwater use by 20% by 2030 at facilities in areas facing water stress.

Concurrently, the partnership will continue exploring wastewater reuse advancements and enhancing water treatment efficiency using Veolia’s technologies. TotalEnergies will facilitate the transition to renewable energy in Veolia’s desalination plants, echoing their collaborative success on a solar-powered desalination project in Oman.

Estelle Brachlianoff, CEO of Veolia, remarked on the collaboration:

“By combining our expertise, whether in sustainable water management, the circular economy or the reduction of methane emissions, we are putting our innovation capabilities at the service of the ecological transformation and the competitiveness of our industries.”

Both companies are committed to ongoing research into valuable material extraction from underused waste streams, emphasizing their conjoined efforts toward ecological advancements. The strategic vision outlined in the memorandum reflects a commitment to meaningful progress in sustainable practices and industry impact over time.

The partnership between TotalEnergies and Veolia underscores the importance of collaboration in addressing global environmental challenges. By combining expertise, the companies are well-positioned to drive efficiency and sustainability in energy resource management. As industries strive to meet environmental standards, such joint ventures could serve as a model for effective transformation, balancing ecological benefits with competitive exigencies.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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