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TotalEnergies Joins PJM Interconnection to Expand U.S. Power Trading

10 Jul 2025
TotalEnergies has become a member of PJM Interconnection, the largest wholesale electricity market in North America. This membership allows TotalEnergies' U.S. power trading division to engage in both physical and financial transactions across PJM's extensive grid, which serves approximately 65 million customers in 13 states across the northeastern and mid-Atlantic U.S.

 

PJM operates real-time and day-ahead energy markets and provides advanced market tools and data. Access to these resources will enable TotalEnergies' Houston-based trading hub to optimize its energy portfolio and enhance service delivery to customers.

Active in the U.S. since 1957, TotalEnergies has invested nearly $11 billion over the past three years in oil, liquefied natural gas (LNG), and low-carbon electricity projects. The company is a leading U.S. LNG exporter and has upstream gas production assets in Texas and offshore. Its integrated power strategy includes 10 gigawatts of onshore solar, wind, and battery storage projects installed or under construction.

In March 2025, S&P Global Ratings assigned an 'A+' issuer credit rating to TotalEnergies Holdings USA, reflecting the company's strong financial position.

 

Source: corporate.totalenergies.us

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