Total Gas & Power Australia Pty Ltd ("Total"), a unit of oil major Total, has applied for an electricity retailer license from the Australia Energy Regulator as well as the Victoria Essential Services Commission

Total's proposed target market is the very large customer end of the market (for example industrial and government customers), the company said in the application.

"It is Total Group’s objective to grow the Australian electricity business through expanding its electricity retail position to very large industrial and commercial customers who require a bespoke service," the company said in the application.

Total has no current plans to supply electricity to small or medium customers, the company said in the application.

Outside of Australia, the Total Group retails and trades electricity in 10 countries, including various nations in Europe. In 2018 the Total Group retailed 37 TWh of electricity to more than 5 million customers and traded 250 TWh of electricity.

The company seeks to serve 9 million retail sites by 2023; it currently serves 5 million sites

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Total Gas & Power   Total   Australia  

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