TotalEnergies and SSE join forces to create Source
TotalEnergies and SSE have created a joint venture for EV charging infrastructure in the UK and Ireland under the brand name Source.
The new business will deploy 3000 high power charge points in both countries within the next five years. Charge points of 150kW or more will be grouped in 300 hubs with an overall target of 20% market share of the sector.
Charging hubs will be in prime locations around urban areas and powered by renewable energy provided by SSE and TotalEnergies. Several hubs are already under construction.
Mathieu Soulas, Senior Vice President New Mobilities at TotalEnergies, said:
“This is a great opportunity to extend our network in Europe and stake out a key position as a reference high-power charging player.
“We want to offer our customers – passenger cars and fleet alike – a nationwide, ultra-fast and reliable charging service that allows them to travel efficiently with complete peace of mind.
“This development also contributes to our integrated power strategy in the UK, combining renewable and flexible power generation capacity, trading and marketing of low-carbon electricity.”
Neil Kirkby, Managing Director of Enterprise at SSE, said:
“SSE is already playing a leading role in decarbonising the UK and Ireland’s power system including building the world’s largest offshore wind farm and transforming electricity networks.
“Now this agreement will help accelerate progress towards a decarbonised transport system too, ensuring the vehicles that keep the economy moving can do so in a more sustainable and efficient way.”
Minister for the Future of Roads, Lilian Greenwood MP, said:
“Source is a fantastic initiative with great potential to accelerate the UK’s transition to electric vehicles. This Government has made delivering greener journeys one of its top priorities for transport, and it’s by working together with industry that we’ll be able to boost consumer confidence through widespread, reliable electric vehicle charging – and achieve our shared goal of getting more electric vehicles on the road.”