① Total Energy signed a 15-year power purchase agreement with Google, which will acquire solar power from Montpellier, Ohio. The agreement includes: ① The power plant will purchase 1.5 terawatt-hours of renewable energy; ② This agreement aligns with Google's strategy to increase its carbon-free power generation facilities and advance its 24/7 carbon-free energy goal; ③ This agreement provides a template for the technology industry in seeking long-term clean energy supplies and also expands Total's corporate customer base.
Total Energy of France has signed a 15-year power purchase agreement (PPA) with Google to obtain a total of 1.5 terawatt-hours (TWh) of renewable energy from Total's solar power plant in Montpellier, Ohio. This move provides a template for the technology industry in seeking clean, long-term energy supplies.
Total Energy stated that the solar facility is nearing completion, has been connected to the PJM grid (the largest power grid in the United States), and will power Google's data center in Ohio. powered by.
This agreement aligns perfectly with Google's strategy of adding new carbon-free power generation facilities to its operating power grid, rather than relying solely on existing renewable energy capacity. Furthermore, the company is advancing its 24/7 carbon-free energy goal, aiming to power all its global operations with carbon-free energy at all times by 2030.
Huge electricity demand
Today, the electricity demand from global data centers is constantly growing. In 2024, data centers accounted for nearly 3% of global energy demand, and operators are facing pressure to secure stable, clean power supplies to meet the demands of artificial intelligence. The growing demand for driven workloads.
Total Energy stated that this transaction further solidifies its strategy of creating customized power solutions for hyperscale enterprises, a strategy that leverages its 10 gigawatts of renewable energy projects deployed in the United States (including solar power) . Wind energy and energy storage field).
In addition, the company plans to achieve a total of 35 gigawatts of renewable energy capacity by the end of 2025 and more than 100 gigawatts of net power generation by 2030.
Executives from both sides emphasized the crucial role of new renewable energy sources in stabilizing the power grid amid a surge in computing power in the context of this newly reached power purchase agreement.
Will Conkling, Google's head of clean energy and power, stated that this partnership will enhance Ohio's digital and economic infrastructure; while Total Energy's natural gas... Stéphane Michel, President of Renewable Energy and Power, emphasized the company's profit targets for its power business, stating, "This agreement demonstrates our ability to meet the growing energy needs of large technology companies, while also strongly supporting the continued expansion of the company's renewable energy portfolio."
Expanding the enterprise user base
For Total Energy, this demonstrates its position in the US electricity sector. The industry's influence continues to grow.
The power purchase agreement also expands Total Energy's corporate customer base, including Amazon. , Microsoft STMicroelectronics Companies such as Saint-Gobain, Air Liquide, Merck, LyondellBasell, and Orange are involved. This reflects a general trend among multinational energy users vying for long-term renewable energy in a highly competitive market.
For Ohio, this commitment further solidifies the state’s position as an emerging data center hub, as large corporations seek access to land, labor, and increasingly important local clean energy resources.
(Article source: CLS)
