TotalEnergies announces the sale to EPUKI, the UK subsidiary of EPH, of 50% of its shares in West Burton Energy, a company wholly acquired in June 2024 with the announced intention to resale one half.
West Burton Energy owns a 1.3 GW gas fired power plant and a 49 MW battery storage system in the United Kingdom. The plant will be operated by the joint venture between TotalEnergies and EPUKI.
“We are delighted to partner with EPH, a recognized and experienced power producer in the United Kingdom. Thanks to this operation, we are adjusting our net flexible generation capacity at 700 MW, which is consistent with the capacity required to support our Renewables growth in the United Kingdom. This integration between flexible and renewable assets will contribute to the objective of our Integrated Power business to reach 12% return by 2030”, said Sophie Chevalier, Senior Vice President Flexible Power & Integration at TotalEnergies.
Key data points: The market size in 2031 = $2.7 billion, growth forecast = 4.7% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global cryogenic pump market to 2031 by type (centrifugal and positive displacement), application (nitrogen, hydrogen, helium, LNG, and others), end use industry (healthcare industry, energy & power generation industry, electricals & electronics industry, metallurgy industry, chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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