In a significant move to accelerate its development in the electricity business, TotalEnergies has acquired three start-ups that previously participated in its TotalEnergies On acceleration program at STATION F in Paris. The successful collaborations and tests carried out during the program have prompted TotalEnergies to negotiate the acquisition of these start-ups, integrating them into its business units.

Innovative Solutions for a Diverse Range of Energy Needs

The acquisition of Dsflow marks a strategic move for TotalEnergies to provide its multi-site, electricity-intensive B2B customers with a state-of-the-art Software-as-a-Service (SaaS) solution. This technology enables real-time asset piloting and optimization of procurement strategies, enhancing efficiency and cost-effectiveness.

TotalEnergies has also integrated the software platform developed by NASH Renewables, aimed at optimizing the design and operating parameters of renewable projects. This platform incorporates the impact of geographical specificities on market prices, thereby improving profitability and contributing to TotalEnergies’ 12% return on average capital employed (ROACE) target by 2028 for this segment.

Further enhancing its trading operations, TotalEnergies will internalize Predictive Layer’s machine learning and artificial intelligence solutions. Specializing in energy price forecasting in both physical and derivatives markets, this technology provides tailored forecast modeling for various trading aspects.

Strengthening Electric Vehicle Charging Infrastructure

In addition to these acquisitions, TotalEnergies has taken a 56% stake in Time2plug to facilitate the deployment of EV charging points in France. Time2plug’s marketplace and certified installer network, streamlined through digitalization, will significantly boost the efficiency of EV charging infrastructure deployment for small B2B customers.

Ongoing Partnerships and Program Success

TotalEnergies has also signed commercial contracts with ten other start-ups from the acceleration program, ensuring continued access to innovative solutions. Stéphane Michel, President of Gas Renewables & Power at TotalEnergies, expressed delight in the acquisitions and partnerships, emphasizing the enhanced B2B offers, renewable project development, market analyses, and EV charging point deployment.

TotalEnergies On Program: A Catalyst for Innovation

Since its launch in May 2022, the TotalEnergies On program has supported 19 start-ups across two six-month sessions, currently hosting its third cohort of ten participants. These start-ups focus on various aspects of electricity, including renewable production, storage, distributed electricity management, trading, retail, and electric mobility. This program underscores TotalEnergies’ commitment to fostering digital solutions and innovations in the energy sector.

In summary, TotalEnergies’ strategic acquisitions and partnerships through the TotalEnergies On program demonstrate its dedication to advancing its electricity and renewable energy business. These efforts not only reflect the company’s innovative approach but also contribute to the broader transformation of the energy sector.

  Dsflow, NASH Renewables, Predictive Layer, Time2plug, TotalEnergies