Areva - Reference Document 2016
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BUSINESS OVERVIEW
6.2 AREVA’s customers and suppliers
Europe is particularly dynamic when it comes to developing renewable energies. For example, the European Union has set a goal of a 27% share of final energy consumption from renewable energies by 2030. North America is also in a growth mode in this area. Legislation passed in more than half of the US states calls for renewable energy sources to contribute 12% or more to total electricity generation by 2020. Three markets were created in recent years to trade carbon emission permits, particularly for the power sector, under a voluntary system. China, India and other emerging countries, which are setting goals for reduced carbon intensity, are potential growth markets for these energies. Both China and India have ambitious objectives for building renewable energy capacities in their respective five-year plans. In addition to low construction costs, these countries often have good access to renewable energy resources, such as biomass in Brazil and India. The New Policies Scenario of the IEA’s World Energy Outlook 2016 foresees very strong worldwide growth of electricity generation from renewable sources, for a combined total excluding hydropower of 4,925 TWh per year by 2040.
WORLD RENEWABLE ELECTRICITY GENERATION* (TWH)
TWh
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
1990
2014
2020
2025
2030
2035
2040
Current Policies
New Policies 450 ppm Policy
* Excluding hydroelectric power. Source: IEA,WEO 2016.
6.2.
AREVA’S CUSTOMERS AND SUPPLIERS
6.2.1. CUSTOMERS
REGIONAL DISTRIBUTION OF CUSTOMERS BY REVENUE
AREVA’s consolidation scope is destined to evolve substantially over the course of 2017, and the company should lose the control of its two main subsidiaries, NewCo and New NP. Nonetheless, at December 31, 2016, the group’s global data for customers should be brought back to reported revenue and to that of the operations sold, discontinued or held for sale pursuant to IFRS 5 (see Section 9.2.2. Reconciliation of main aggregates of 2016 ).
REVENUE OF THE COMBINED ENTITIES OF THE GROUP
1.6% Africa and Middle East
20.9% North and South America
44.9% France
16.9% Asia-Pacific
15.8% Europe (excluding France)
Source:AREVA.
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2016 AREVA REFERENCE DOCUMENT
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