Project On The Society Total Energy
Project On The Society Total Energy
Project On The Society Total Energy
Rivalry among existing competitors:Total Energie faces strong rivalry from other major
international oil and gas companies , such as Royal Dutch Shell,
ExxonMobil,BP,Chevron,or TotalEnergies. These competitors have substantial financial,
technological and human resources, and seek to differentiate themselves through
quality,price and innovation. Rivalry is also heightened by low market growth, price
volatility, and regulatory and environmental pressure.
Threat from new entrants: TotalEnergies benefits from high barriers to entry, which limit
the threat of new entrants. Indeed, the energy sector requires heavy investment,
advanced technical skills , legal authorizations and a strong reputation. In addition,
TotalEnergies has the competitive advantage thanhs to its diversification, global
presence and experience. Potential new entrants tend to be renewable energy, natural
gas or electricity players seeking to position themselves in the energy transition market.
Threat of substitute product: TotalEnergies is exposed to the threat of substitute products, which
are products or services that can meet the same needs as those of TotalEnergies,but with different
characteristics. The main substitute products are renewable energies, such as solar, wind and
biomass, which offer a ckeaner, more sustainable and less expensive alternative to fossil fuels.
Demand for these substitute products is growing, driven by growing awareness of climate and
environmental ssus, and by government incentives.
Negociating power of suppliers: total energy depends on suppliers of raw materials such as oil, gas
and coal, which are subject to fluctuations in global supply and demand, as well as geopolitical
tensions. The bargaining power of these suppliers is therefore high, as they can influence prices,
quantities and product quality. Total Energy must also contain with the bargaining power of supplies
of technologies, services and equipment that are essential to its production, transport and
distribution activities.
Customer bargaining power: total energy deals with the wide range of customers, from individuals
to businesses, local authorities and institutions. The bargaining power of these customers depends
on their size, price sensitivity, loyalty and ability to switch suppliers. Total energies customers have
moderate bargaining power, as they have acces to a diversified and competitive offer, but they are
also subject to technical, contractual and regulatory constraints.