EDF / 2020 Universal Registration Document
1 THE GROUP, ITS STRATEGY AND ACTIVITIES Description of the Group’s activities Kenya – Bboxx In 2020, EDF took out a stake in Bboxx Kenya ( via a 38.5% stake in EDF Bboxx Kenya, which owns 60% of Bboxx Kenya), the company which for the past few years has been carrying out the sale, installation, and maintenance of solar kits for rural households in Kenya. Zambia – SMG In order to develop its offer in mini-grids, in 2020 EDF took out a 12% stake in Standard Micro Grid Zambia, a startup identified through the “EDF Pulse Africa” competition, which develops and installs mini-grids using a solution with standardised containers and smart meters, enabling the sale of energy blocks on demand.
Ivory Coast – ZECI The EDF group and Off Grid Electric (OGE), now known as “Zola Electric” – an American company involved in the distribution of solar energy in Africa, in which Electranova Capital, EDF’s cleantech venture capital investment fund, holds a shareholding – created in October 2016 a joint company in the Ivory Coast, ZECI, in which they each hold a 50% stake, for the supply of competitive off-grid solar energy in Africa. Within the framework of this joint venture, the EDF group and Zola Electric assume the cost of the installation and maintenance of solar kits intended for households in rural areas and on urban outskirts. Ghana – ZEGHA Off Grid Electric, now known as “Zola Electric”, the Ghanaian company CH group and EDF decided to create ZEGHA, in which they respectively hold a 50%, 20% and 30% stake, and launched the pilot phase in December 2017 on the Ivorian model.
1.4.6
Energy services and other activities
In a regulatory and societal environment which places the fight against climate change at centre stage, and in line with its raison d’être , EDF group aspires to significant growth in energy services to deliver high-performance, innovative, and sustainable solutions for its customers. These services address the issues raised by local authorities, businesses, and domestic customers in a wide variety of fields: decentralised energy production, low-carbon heating networks, green hydrogen, smart lighting, electric mobility, smart building management, energy savings advice, and energy efficiency. The range of solutions offered by the Group is innovative, and meets customers’ emerging requirements, notably reducing carbon emissions and improving energy performance.
Energy services 1.4.6.1 These solutions draw on the Group’s expertise, in particular in R&D, and are implemented through its various subsidiaries. In June 2017, they were brought together beneath the single banner of the “EDF Solutions énergétiques” brand, placing the latter in a position to assist its customers in taking up the challenges of energy transition and economic efficiency. In addition, in 2017, EDF group created “EDF Pulse Croissance”, an organisation designed to be a startup incubator, with the role of exploring ecological and digital transition, providing its clients with innovative and competitive offers and services. In 2018, EDF focused on electric mobility to help lower carbon emissions in the transport industry, which accounts for 20% of greenhouse gas emissions in Europe. This policy was further enhanced in 2019, in particular through the creation of Dreev, and in 2020 with the acquisition of Pod Point (see section 1.4.5.1 “United Kingdom”). In 2019, EDF engaged in local services with the acquisition of Hello Casa, now known as IZI Solutions. This new activity is aimed at improving home comfort and energy performance. Lastly, in April 2019 EDF created Hynamics, a subsidiary dedicated to the production and marketing of low-carbon renewable hydrogen from electrolysis, aimed at addressing the needs of industry and heavy-duty mobility. Dalkia 1.4.6.1.1 The EDF group has held a 99.94% equity interest since July 2014 in Dalkia, a leading player in the European energy services market. Dalkia provides a full range of services and has an excellent sales network in France, developing renewable energy and energy recovery, reducing energy consumption, and improving the performance of installations. Dalkia has continued its essential business throughout the health crisis, in particular during lockdown periods, by organising crisis management and flexible, agile continuity, as well as rolling out teleworking on a massive scale. Dalkia’s operations Against the backdrop of climate change, volatile prices, and rare resources, Dalkia provides its customers with expertise to develop, produce, and manage more environmentally-friendly and economical energy systems.
Accelerating customers’ energy transition. Dalkia is active throughout the energy chain, from decentralised production to demand management via distribution optimisation, accelerating energy transition for its customers. Commitments Thanks to its nearly 80 years of experience in managing heating and cooling networks, optimising industrial utilities, improving the energy performance of buildings, or using alternative and renewable energies, Dalkia offers its customers tailor-made solutions to reduce their energy consumption and to improve the environmental and economic performance of their installations. Dalkia (including its subsidiaries) manages over 90,000 energy installations in France and abroad, achieving 6.7TWh of energy savings in 2020, as well as enabling its customers to avoid the emission of 4.1 million tonnes of CO2. Dalkia and the development of renewable energy Dalkia’s core business is to make the most of local energy sources. Dalkia uses local sources of energy to provide its customers – both businesses and local authorities – with sustainable energy solutions: the development of renewable energy is a focus of Dalkia’s priorities, particularly through the use of renewable and recovered energy: biomass, biogas, geothermal and recovered energy; a pioneer in energy transition, Dalkia encourages the production of energy from non-recyclable waste. Energy recovery also contributes to reducing greenhouse gases, limits the use of fossil fuels, and contributes to Dalkia’s low-carbon goals.
Dalkia and energy savings Dalkia’s second business line is energy savings:
Dalkia is innovating on a daily basis to achieve energy savings, through connected buildings that consume less and less, and energy renovation works to make buildings more efficient; Dalkia also optimises its customers’ consumption by processing all their data using “Descs”: energy performance management centres that combine digital and human intelligence.
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EDF - UNIVERSAL REGISTRATION DOCUMENT 2020
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