Areva - Reference Document 2016
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BUSINESS OVERVIEW
6.3 Overview and strategy of the group
6.3.
OVERVIEW AND STRATEGY OF THE GROUP
6.3.1. OVERVIEW
AREVA conducts its operations in the energy market, where global demand is propelled by the combined effects of demographic dynamism – particularly in emerging countries – and long-term economic growth, leading to access to energy for as many people as possible. Against that backdrop, nuclear power has several advantages to secure its position in the global energy mix: it is one of the few energies to limit carbon dioxide emissions, avoid the ups and downs of fossil energy markets, and meet demand for base load electricity. Consistent with the divisions for the redefinition of the French nuclear industry, AREVA’s consolidation scope was divided into separate scopes in 2016: p NewAREVAHolding, temporarily calledNewCo, which combine all of the nuclear fuel cycle operations: mining, uranium chemistry and enrichment, used fuel recycling, logistics, dismantling and nuclear waste management;
p the AREVA NP operations, which cover the activities of fuel assembly design and fabrication as well as the design, supply, construction, servicing and upgrading of nuclear steam supply systems. In 2017, EDF should take a majority interest in these operations lodged whithin NewNP (except for the OL3 contract) according to the memorandum of understanding and share purchase agreement signed in July and November 2016 respectively; p other operations held for sale or remaining in the AREVA SA consolidation scope until they are sold or completed, including the OL3 contract.
SCOPE OF AREVA OPERATIONS AT DECEMBER 31, 2016
Activités NewCo NewCo op rati ns
Activités AREVA NP AREVA NP operations
Autres activités Oth r operations
Propulsion & réacteurs de recherche Propulsion and Research Reactors
New NP New NP
Mines Mining
Fuel
Combustible
Amont Front End
Energies renouvelables Renewable energies
Base Installée Installed Base
Aval Back End
Bioénergies Bioenergies
Grands Projets (hors Projet OL3) Large Projects (excluding OL3 project)
Recyclage Recycling
Logistique nucléaire Nuclear Logistics
Stockage d’énergie Energy Storage
Composants Co ponents
Démantèlement & Services Dismantling and Services
Direction Technique & Ingénierie Technical & Engineering Department
Energie solaire Solar En rgy
Operations held for sale
Autres activités Other operations
Operations remaining in the AREVA SA consolidation scope until their sale or discontinuation Operations for which majority control is to be ceded to EDF
Energie éolienne Wind En rgy
Instrumentation & Contrôle Commande Instrumentation and Control
AREVA Projets AREVA Projects AREVA Med AREVA Med
Projet OL3 OL3 project
Organization as of December 31, 2016
Source:AREVA.
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2016 AREVA REFERENCE DOCUMENT
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