Since joining PJM Interconnection, TotalEnergies’ U.S. trading division is now able to trade financial and physical products in the biggest wholesale power market in North America. 65 million end customers in the northeastern and mid-Atlantic regions of the United States rely on the PJM grid to satisfy their demands.
PJM provides a wide range of resources and a network that spans 13 states, including day-ahead and real-time energy markets. Now that TotalEnergies has access to PJM’s sophisticated market data and tools, its Houston-based power trading hub can better serve its clients and maximize its energy portfolio.
The United States’ total energies
Since 1957, TotalEnergies has operated in the United States, where it is now implementing its integrated energy strategy. In the last three years alone, the company has invested up to $11 billion in the United States to boost growth in low-carbon power, LNG, and oil. With upstream gas production assets in Texas and offshore U.S., TotalEnergies is the top exporter of liquefied natural gas from the United States, with an output of over 10 million tons in 2024. The company is integrated across the LNG value chain. With 10 GW of onshore utility-scale solar, wind, and battery storage already built or in the works, the United States is also a crucial market for the implementation of TotalEnergies’ Integrated Power plan. TotalEnergies Holdings USA was given an ‘A+’ issuer credit rating by S&P Global Ratings in March 2025, which reflects the 100% owned affiliate’s sound financial standing and stable outlook.
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