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TotalEnergies Invests $4 Billion to Repurpose Dunkirk Refinery

10/7/2025

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Story summary
  • TotalEnergies will repurpose its mothballed Dunkirk refinery in France by installing batteries to support the grid.
  • It will invest $4 billion in electric power, targeting 20% of output by 2030.
  • Rising demand from electric vehicles and data centers could boost electricity use and create volatility.
  • Gas-fired plants supplement peaks, while Europe’s battery program aims to fivefold capacity by decade’s end.