TotalEnergies to Invest $400MM in LPG

TotalEnergies is investing more than $400 million into LPG for the purpose of cooking, the global energy company announced at the International Energy Agency’s (IEA) Clean Cooking Summit.

The initiative is part of TotalEnergies’ plan to provide more than 100 million people in Africa and Asia access to clean cooking by 2030. According to the IEA, more than 2.3 billion people across the world do not have access to clean cooking methods.

Using LPG is an alternative to cooking with ‘dirtier’ forms of energy, such as wood or coal. According to TotalEnergies’ press release, access to LPG will improve air quality and thus people’s health, save time and reduce CO₂ emissions and deforestation.

“By developing access to clean cooking in Africa and India, TotalEnergies aims to have a positive impact on the environment and on people’s health, while also helping to reduce gender inequalities in these regions,” said Patrick Pouyanné, chairman and CEO of TotalEnergies. “Clean cooking contributes to long-term social, economic and human development in a more sustainable way.”

In an effort to make clean cooking more affordable, TotalEnergies is also developing a digital pay-as-you-cook method as opposed to paying the full value of an LPG cylinder up front.