TotalEnergies Joins PJM Interconnection, The Largest Power Grid Operator In The U.S., To Expand Clean Energy Presence

TotalEnergies has officially joined PJM Interconnection, the largest wholesale electricity market in North America, allowing its U.S. trading division to participate in both physical and financial energy transactions. PJM serves around 65 million electricity users across the northeastern and mid-Atlantic regions of the United States, spanning 13 states.

With this membership, TotalEnergies gains access to PJM’s advanced energy trading systems, including real-time and day-ahead markets. These tools will support the company’s Houston-based trading hub in optimizing its energy portfolio and better serving its U.S. customers.

TotalEnergies is actively implementing its integrated energy model across the U.S., a country where it has operated since 1957. Over the past three years alone, the company has invested nearly $11 billion in the U.S. to grow its presence in oil, liquefied natural gas (LNG), and low-carbon electricity. It currently leads as the top exporter of U.S. LNG, with over 10 million tons of output in 2024. Its LNG business is supported by gas production in Texas and offshore areas, covering the full LNG value chain.

The U.S. also plays a central role in TotalEnergies’ Integrated Power strategy. The company has 10 gigawatts (GW) of utility-scale solar, wind, and battery storage projects either installed or under construction. This diversified energy approach supports the company’s commitment to a lower-carbon future.

In recognition of its strong financial foundation, S&P Global Ratings assigned an ‘A+’ credit rating with a stable outlook to TotalEnergies Holdings USA in March 2025. The rating reflects the financial health and strategic importance of the company’s U.S. operations, which are fully owned by TotalEnergies.