Christophe de Margerie shares his views on how oil and gas contribute to the energy transition

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At the 2012 Oil & Money Conference, the energy industry heard worthy insights from Total's Chairman and CEO, Christophe de Margerie; about the oil, gas and energy transition.

Christophe de Margerie expressed his views on how oil and gas in particular, contributed to the energy transition; the importance of a diversified energy mix e.g. the use of renewables; preparing for the second generation of biofuels; as well as how photovoltaic energy was narrowing the cost gap with other fuels for power generation.


We are delighted that Christophe will once again be joining us as a keynote speaker at the Oil & Money Conference 2013. To hear his insights and those of global energy CEO's and ministers for high level discussions and debates on crucial issues facing the international energy sector, then join us at Oil & Money this October at the InterContinental London Park Lane. For more information visit www.oilandmoney.com

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Christophe de Margerie shares his views on how oil and gas contribute to the energy transition

  1. 1. OIL, GAS AND THE ENERGY TRANSITION Christophe de MARGERIE Chairman & CEO Oil and Money Conference London, Nov. 13, 2012
  2. 2. HOW CAN THE OIL AND GAS INDUSTRY CONTRIBUTE TO THE ENERGY TRANSITION? CdMOil&MoneyNov2012.pptx 2 Oil and gas, a long term part of any energy transition The highest safety and environmental standards have to be met by our industry Reducing energy related CO2 emissions Contributing to the diversification of energy sources
  3. 3. OIL AND GAS WILL REMAIN MAJOR ENERGY SOURCES CdMOil&MoneyNov2012.pptx 3 TOTAL’s energy mix scenario -Fossil energies to represent 76% of energy supply in 2030 -Gas to become the second largest energy source - Strong growth but limited share of new energies: Solar : +15% CAGR Biofuels : +5% CAGR - Share of nuclear to remain stable Increasing consumption of fossil energies by 2030 and impact for CO2 emissions to be addressed Mboe/d
  4. 4. RENEWABLES CdMOil&MoneyNov2012.pptx 4 Diversifying the energy mix is a must, but this will take time Slowdown due to current crisis (budgetary constraints) Technological barriers to be overcome Cost issues and relative prices compared with other energies Back up solutions for intermittent energies and grid integration
  5. 5. PREPARING FOR THE SECOND GENERATION OF BIOFUELS CdMOil&MoneyNov2012.pptx 5 -Biofuels: a logical development for companies involved in refining and petrochemicals -Reaching second generation biofuels will take time
  6. 6. PHOTOVOLTAIC NARROWING THE COST GAP WITH OTHER FUELS FOR POWER GENERATION CdMOil&MoneyNov2012.pptx 6 Strong potential for photovoltaic Gas well positioned as back up for intermittent energy

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