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All 24 Hours of Le Mans Race Cars to Use 100% Renewable Fuel Produced by TotalEnergies
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Rhea-AI Summary
TotalEnergies (Paris:TTE) is pioneering the use of a 100% renewable racing fuel, Excellium Racing 100, at the 90th 24 Hours of Le Mans on June 11-12, 2022. This innovative fuel, derived from agricultural waste, notably reduces CO2 emissions by at least 65% over its lifecycle. The initiative aligns with TotalEnergies' goal of achieving net-zero emissions by 2050. Additionally, TotalEnergies supports hydrogen mobility with a mobile filling station for the hydrogen prototype participating in the event, furthering their commitment to sustainable energy solutions.
Positive
Launch of Excellium Racing 100, a 100% renewable fuel for Le Mans, signifies a major innovation in racing.
Excellium Racing 100 reduces CO2 emissions by 65%, supporting environmental goals.
Partnership with Automobile Club de l'Ouest (ACO) strengthens TotalEnergies' position in renewable energy.
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LE MANS, France--(BUSINESS WIRE)--
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE):
For the first time in the endurance event’s history, the 62 race cars competing in the 90th 24 Hours of Le Mans (June 11-12, 2022) will be supplied with a 100% renewable fuel developed and produced by TotalEnergies: Excellium Racing 100. This zero-oil fuel will deliver a reduction in CO2 emissions of at least 65% over its lifecycle.
A World First for Automobile Racing
The 24 Hours of Le Mans, the third round of the FIA World Endurance Championship and an iconic motorsports event, will take place for the first time with a 100% renewable fuel. Excellium Racing 100 is a major milestone in the partnership between TotalEnergies and Automobile Club de l'Ouest (ACO), which is pursing an energy transition and environmental strategy that is aligned with TotalEnergies' ambition to get to net zero by 2050, together with society.
A Fuel Made from Agricultural Waste
More than 18 months of R&D were needed to develop this renewable fuel made from wine residues (grape marcs and lees). Excellium Racing 100 is a full-fledged racing fuel that meets all the requirements of the FIA, car manufacturers, drivers and the European directive on renewable energies (RED).
Developing Hydrogen Mobility
As the hydrogen partner to ACO and the “H24 Racing” team, TotalEnergies will also deploy this year a mobile hydrogen filling station at Le Mans to supply the “H24” hydrogen prototype that will take part in the Road to Le Mans support races. The project “H24 Racing”, developed jointly by Automobile Club de l'Ouest and electric-hydrogen specialist Green GT, aims to present an electric-hydrogen race car at the 24 Hours of Le Mans in 2025.
"As Automobile Club de l'Ouest's partner, TotalEnergies is proud to supply the competitors of the 90th 24 Hours of Le Mans with a 100% renewable fuel. It's a bit of a revolution for automobile racing and a tangible sign of TotalEnergies strategy to help its customers and partners get to net zero. Biofuels have an important role to play in moving the transportation industry forward by immediately reducing its CO2 emissions. More than ever, this most demanding of endurance races is a testbed for TotalEnergies and a showcase for motorsports as a whole. It's a privilege for me to officially start the race!" said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies.
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About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
