TotalEnergies has ambitions to develop and operate renewable power generation in the US. TotalEnergies Gas & Power North America Inc. will be instrumental in supporting that activity on a physical scheduling and commercial/marketing basis. US electricity markets are complex and volatile and as a consequence trading such market requires an excellent understanding of risks. There are strong interrelationships, correlation between electricity and other commodities markets such as gas or coal, and the increasing part of renewables in the electricity mix puts this activity at the heart of the Gas, Renewable and Power branch.