EDF / 2019 Universal registration document

1. The Group, its strategy and activities Description of the Group’s activities

Research & Development Following an agreement signed in June 2013 with the Singapore Housing and Development Board, the city’s largest construction firm, with the aim of developing an innovative urban modelling tool, the EDF group, in 2014, opened a centre of excellence for sustainable cities in Asia: EDF Lab Singapore Pte. Ltd. This R&D centre dedicated to urban planning has as its mission to reinforce existing collaboration and to initiate new collaborative relationships with Singapore and other cities of the region. In October 2018, Nanyang Technical University, EDF, and Enedis inaugurated the Microgrid for Affordable and Sustainable Electricity in Remote Areas (MASERA) demonstrator as part of Singapore International Energy Week (SIEW) and the France-Singapore Year of Innovation 2018. 2019 saw the demonstrator enter service, and a number of major milestones being achieved. The demonstrator will allow the EDF group to offer affordable and efficient microgrids for remote areas in Southeast Asia. The Group is now well-established in Singapore to better manage its interests in Southeast Asia, strengthen its synergies with the R&D lab and embed itself in the development and innovation ecosystem of smart cities which is particularly vibrant in Singapore. Africa 1.4.5.3.7 The Group wishes to develop on the African continent by assisting countries with high-energy demand, on a selective basis appropriate to each geographic region, and by building sustainable and multi-industry partnerships. EDF is also intensifying its action in the supply of competitive off-grid energy. South Africa The EDF group established a subsidiary in 2007 in Johannesburg, initially with a view to preparing the relaunching of the South African nuclear programme. The energy guideline plan for the country, promulgated in May 2011, provided for the commissioning of 9.6GW of nuclear power capacity by 2030. This programme was revised in October 2019, and now provides for approximately 20GW of additional renewable capacity by 2030, as well as 3GW of gas. With respect to nuclear power, investigations into the construction of modular nuclear power plants are to be launched. The South African subsidiary is also responsible for developing EDF’s business activities in Southern Africa, particularly as regards generation projects as well as the sale of services relating to thermal engineering, hydropower, transmission and distribution. The Group is also present in South Africa via the company KES (Kukhanya Energy Services), created in 2002 (see section 1.4.5.3.9 “Off-grid energy”). Mozambique The Group has been active in Mozambique since the end of the 1980s involving the provision of engineering services and has formed preferred partnerships with EDM (Electricidade de Moçambique). Morocco The EDF group has been active in Morocco since the 1970s, and has formed preferred partnerships with Morocco’s national electricity and water office (ONEE), electricity distribution authorities, and industrial players. To help support its development, the Group created EDF Maroc in 1997, EDF EN Maroc in 2012 as well as EDF Fenice Maroc in October 2016. The Group and ONEE continued their cooperation, pursuant to the general agreement signed in January 2012, in the areas of renewable, thermal and hydraulic generation, as well as in networks and training. After having been selected by ONEE through a call for tenders, the consortium led by EDF Renewables in partnership with the Japanese group, Mitsui & Co., is developing the 150MW Taza wind farm. With the acquisition of Futuren in 2017, the Group’s total gross installed capacity in Morocco reached 50.4MW. In May 2019, following an international call for tenders, the Moroccan sustainable energy agency MASEN selected a consortium bringing together EDF Renewables, Emirati firm Masdar, and Moroccan company Green of Africa to design, build, operate, and maintain the first phase of the Noor Midelt solar complex. This 800MW capacity project, located north of Midelt, is an innovative hybrid power plant combining concentrated solar power and photovoltaic solar power, a world first. The Group is also involved in energy efficiency activities in Morocco with the Fenice subsidiary EDF Fenice Maroc (see section 1.4.5.2.3.4 “Energy services”) and in public lighting with the Citelum Maghreb subsidiary.

In 2018, EDF acquired the minority stake held by EDF International in NTPC. In 2019, EDF Invest’s provisions to dedicated assets were finalised. 2019 business focused on the operational management of installations in a difficult hydrological climate in Laos, whilst also continuing with social and environmental support missions in the region of Nam Theun 2. A project to develop a floating solar farm with capacity of 240MWp on the Nam Theun 2 hydroelectric dam reservoir was launched in 2019. This project forms part of the Laos government’s strategy to diversify its energy mix. India As regards nuclear power, following the MOU covering the planned construction of six EPR reactors in Jaitapur agreed in January 2016, Indian national electricity firm Nuclear Power Corp. of India Ltd. (NPCIL) continued their discussions in 2017 with a view to a more specific definition of the framework for cooperation. On 10 March 2018, this resulted in an industrial agreement being entered into, pursuant to which EDF is acting in the capacity of EPR technology supplier, with particular responsibility for structuring the industry relating to the project (see also section 1.4.1.2.2 “Other New Nuclear Projects”). EDF continued developing its smart meters and smart grid business. After winning a contract in 2016 to supply 75,000 smart meters to the New Delhi Municipality Council, in Sep-Nov 2018 the Group won a call for tenders issued by Energy Efficient Services Limited (EESL), an Indian energy services company (ESCO), to install nearly 5 million smart meters in five Indian states, under the French-Indian Cooperation Plan. The EESL3 was officially launched on 14 March 2019; the test phase is currently underway, prior to massive deployment. The EDF International Networks subsidiary was established in India during 2019, and is coordinating implementation of the EESL3 project. EDF Renewables continued growing its solar and wind power businesses in India, the latter established in 2016 (see section 1.4.1.5.4 “EDF Renewables”). The Citelum subsidiary is also present in India, where it manages almost 178,000 lights in the city of Ahmedabad and is renovating 74,000 lights in Noida for Tata Projects Ltd. Burma The Shweli 3 project to develop a hydroelectric dam on the river Shweli in Shan state, North-East Myanmar, achieved further milestones in 2019. The project relates to the construction and 20-year operation of a 671MW hydroelectric dam. The EDF group has been appointed lead contractor of the consortium (with a 32.5% stake), responsible for developing the project alongside two private-sector partners, one from Myanmar (Birman Ayeyar Hinthar Holdings Co. Ltd, 10%) plus a Japanese partner (Marubeni Corporation, 32.5%), together with the Ministry of Electricity and Energy (MOEE, 25%), a Burmese state entity. The goal of continuing negotiations during 2020 is to conclude a Power Purchase Agreement and a licensing agreement, for planned commissioning in 2025. The dam is subject to the same strict standards observed by the Group in all its projects in terms of corporate and social responsibility. It will supply responsibly-sourced, low-carbon electricity to a country in dire need of power for economic development, where nearly 50% of the population currently has no access to electricity. EDF is also starting to develop micro-grids in Myanmar, with the conclusion of a Memorandum of Understanding (not legally binding) on 7 October 2019, with InfraCo Asia and Solarisesys, in the presence of the Burmese government’s Minister for Agriculture. The aim is to develop hybrid solar and battery micro-grids in a number of villages located in the Magway region of Myanmar. Indonesia The EDF group is continuing its development strategy in Indonesia, favouring renewable energy projects and accelerating access to electricity for the country’s remotest island locations, with the development of micro-grids. At the same time, a Memorandum of Understanding (not legally binding) was concluded with ITB (Institut Teknologi Bandung) in November 2019 with a view to strengthening cooperation on energy mix issues and the implementation of smart energy solutions.

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EDF | Universal registration document 2019

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