TotalEnergies has signed a second contract with LyondellBasell to supply a combined 358 MW of green electricity sourced from its utility-scale Cottonwood Bayou and Brazoria Solar farms in Texas.
Through the newly signed 15-year Corporate Power Purchase Agreement (CPPA), LyondellBasell will offtake 163 MW from TotalEnergies’ Brazoria Solar farm, which has a capacity of 325 MW and a commercial start-up planned for end of 2025.
Through the previous renewable 12-year CPPA signed last year, LyondellBasell will offtake 195 MW from TotalEnergies’ Cottonwood Bayou Solar plant, which has a capacity of 455 MW and a commercial start-up planned for the end of next year.
“TotalEnergies is proud to support LyondellBasell on its climate goals,” says TotalEnergies’ Vincent Stoquart. “The signing of these new upside sharing CPPAs in the United States is consistent with our strategy to take merchant exposure and will contribute to the objective of profitable growth for our integrated power business.”
The two CPPAs are indexed on merchant prices through an upside-sharing mechanism, under which the companies share any potential upside arising from increased market price over the contract term. They follow other CPPAs TotalEnergies signed with Amazon and Saint-Gobain in the U.S.
“We are taking decisive steps to reduce our scope 1 and 2 greenhouse gas emissions and power purchase agreements are a critical lever towards meeting our targets”, says LyondellBasell’s Chris Cain. “These agreements with TotalEnergies help us accelerate the development of clean energy and shift to use low carbon energy at our sites.”
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TotalEnergies Signs with LyondellBasell to Supply 358 MW From Texas Farms
Hmm. He’s the governor of the most populous state in the country, whose revenues, if it were a country, would make it the fourth largest economy on Earth. His state ranks in the top five in terms of colleges and universities. We’re wealthy, well-educated, and extremely productive.
It’s true that he’s not a Trump supporter, but California (and the rest of the world) generally regards the current U.S. president as a criminal sociopath.
Yes, that infuriates folks who are poor, ignorant, racist, and disease-ridden, but generally speaking, it doesn’t bother Californians.
Improving our broken, pathetic educational system is important, but it’s only a part of the solution. Trump’s support is based on the fact that a) most rich people are selfish pigs, and b) most white poor people are hateful racists.
Decency is not taught directly in school (though it’s true that reading the world’s great books goes a long way to creating enlightened minds).
Here’s a short video from actor Richard Gere that speaks a few concise words to Americans.
How did we get to this horrible point?
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