TotalEnergies CEO says energy transition will cost consumers

Consumers should understand that energy transition will come at a cost and governments should find a way to make the increase gradual, Patrick Pouyanné, the CEO of French energy group TotalEnergies said on Monday.

The CEO added that the transition means consumers will pay more for energy. "We strongly believe electricity prices will go up in the future," he said at an energy conference in Abu Dhabi.

 

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