EDF / 2018 Reference document
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PRESENTATION OF EDF GROUP Description of the Group's activities
Other technologies 1.4.1.5.2.5 Renewable energies cover a wide range of sectors and technologies. To prepare for the future, EDF Renewables responsible within the EDF group for identifying promising sectors and, with the support of the Group’s R&D teams or industrial partners, contributes to the emergence of new technologies. Along with so-called concentrated solar power (see section 1.4.1.5.2.2 “Solar photovoltaic power”) and energy storage, marine energy is another area, the Group is exploring in depth. EDF Renewables 1.4.1.5.3 Apart from hydropower, the EDF group’s involvement in renewable energy is largely conducted by its a wholly-owned subsidiary EDF Renewables (ex-EDF Énergies Nouvelles). The companies in the EDF Renewables group had a workforce of 3,853 employees at 31 December 2018. EDF Renewables has the expertise required to ensure EDF’s development in renewable energies, particularly in the fields of onshore and offshore wind power and solar photovoltaic power. It also contributes to the development of the Group's Electricity Storage Plan. At 31 December 2018, EDF Renewables has a gross installed capacity of 12,890.5MW, a net installed capacity of 8,296.6MW and 2,359.9MW gross capacity under construction; the project portfolio (1) represents 27.8GW, of which 25.4GW of projects, excluding capacity under construction. Present in over 20 countries, EDF Renewables is a major player in renewable electricity
development and generation, particularly in its biggest and historical markets, namely North America (US, Canada and Mexico) and Europe. It has continued to develop since 2012, positioning itself in new countries with significant potential for renewable energy development such as South Africa, Brazil, Chile, China, India and Israel, and more recently in 2017 with its entry into the United Arab Emirates and Egypt. EDF Renewables is an integrated operator in renewable energies and is involved in every stage of the value chain. EDF Renewables operates upstream, in project development, as well as in engineering during the construction of power plants and their operation and maintenance. Each of these activities may be conducted on its own account or on behalf of third parties. As part of its business model, the Group is also involved in the Development and Sale of Structured Assets (an activity referred to as “DSSA”), which consists of selling projects it has built, in whole or in part, to third-party investors. With regard to DSSA, the net capacity sold in 2018 amounted to 773.6MW. Alongside development focusing on wind and solar photovoltaic power (which represent around 98% of its net installed capacity), EDF Renewables has a strong position in fixed-foundation and floating offshore wind farms as well as presence in other sectors such as electricity storage. Lastly, EDF Renewables is present in the decentralised renewable energy sector (rooftop solar power) for individuals and corporate customers in France, and more recently in the US and China for corporate customers.
Including storage related projects. (1)
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I Reference Document 2018
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