Electricité de France S.A. operates as an integrated energy company. The company operates as a subsidiary of Edf Group. The company engages in the generation, transmission, distribution, supply, and trading of energy services in France, the United Kingdom, Italy, and internationally.
The company generates electricity through nuclear, fossil fuel, hydro, solar, wind, biomass, biogas, tidal, geothermal, and cogeneration plants. The company also manages low and medium-voltage public electricity d...
Electricité de France S.A. operates as an integrated energy company. The company operates as a subsidiary of Edf Group. The company engages in the generation, transmission, distribution, supply, and trading of energy services in France, the United Kingdom, Italy, and internationally.
The company generates electricity through nuclear, fossil fuel, hydro, solar, wind, biomass, biogas, tidal, geothermal, and cogeneration plants. The company also manages low and medium-voltage public electricity distribution networks; operates, maintains, and develops high-voltage and very-high-voltage electricity transmission networks; and services and produces equipment and fuel for nuclear reactors
With a global installed generation capacity of 122.3GWe as of 31 December 2019, generating 557.6TWh worldwide. The company supplies energy and provides services to 38.9 million customer sites worldwide (of which 28.8 million in France) including 33.6 million customers in electricity, of which 27.1 million in France; and 5.3 million customers in gas, of which 1.7 million in France. In mainland France, the electricity generation activities are split across the Nuclear and Thermal Fleet Department and the Renewable Energy Division.
As of December 31, 2019, the company also had an installed capacity for electricity generation of 33.5GW (with 129TWh of electricity generated in 2019) through EDF Renewables (see section 1.4.1.5.4 EDF Renewables) with a consolidated installed capacity of 6GW and output of approximately 15TWh; through overseas departments’ Island Energy Systems and PEI with an installed capacity of 2.1GW and output of approximately 6TWh in 2019; through EDF Energy in the UK with an installed capacity of 12.2GW and nearly 60TWh generated in 2019; through Edison with an installed capacity in electricity of 7GW and 22TWh generated in 2019; in the rest of the world with a consolidated installed capacity of 4GW and output of 22TWh; through contribution from Dalkia, excluding heat generation, with an installed capacity in electricity of 2.2GW and output of 4TWh in 2019. The company is both the owner and manager of the Flamanville 3 EPR (European Pressurised water Reactor) project.
In the UK, EDF Energy owns 66.5% of the construction project of two nuclear plants at Hinkley Point, with the remaining 33.5% owned by China General Nuclear Power Corporation (CGN). The project company Nuclear New Build (NNB) is the project owner and the New Nuclear Projects and Engineering Department together with Edvance are responsible for the design studies. The company is also working, as part of its partnership with CGN, on two nuclear construction projects in the UK: Sizewell C and Bradwell B.
In China, the company owns 30% of TNPJVC (Taishan Nuclear Power Joint Venture Company Limited), which was set up to build and operate two EPR nuclear reactors in Taishan, in the province of Guangdong in China. CGN holds a 51% stake and Yudean a 19% stake.
The electricity hydro-generated by EDF in mainland France in 2019 (including pumped storage) totalled 39.7TWh, 9% of its total electricity output. EDF Renewables had a gross operating total of 9,771.6MW in onshore wind power as of the end of 2019. Onshore wind farms with a gross capacity of 714.4MW were commissioned in 2019, onshore wind farms under construction represented a gross capacity of 2,496.7MW at 31 December 2019.
EDF Renewables pursued its development in wind power, commissioning almost 119.7MW more in 2019, in wind farms in Les Taillades (27.2MW), Lozère (Occitanie) and Pays d’Anglure (22MW), Marne (Grand Est). In addition to these new capacities, several wind farms are under construction for a total of some 171.2MW, including Longues Roies (47MW). The development of onshore wind power in France also involves innovation by means of repowering or renewal (overhaul of a facility at the end of its service life) and the contractualisation of the first corporate power purchase agreements. In liaison with Agregio, a subsidiary of EDF, corporate power purchase agreements have been entered into with Maïsadour, a cooperative group based in Landes, and FEDA (Forces electriques d’Andorre). Maïsadour’s sites thus benefit from the supply of 12MW of energy produced by the EDF Renewables wind farm located in the municipality of Fitou, Aude. FEDA uses renewable energy from EDF Renewables wind farms in the Occitanie region.
In 2019, EDF Renewables signed two electricity sales agreements with Tesco for a period of 15 years for 54MW of wind power to be produced in Scotland. For the implementation of these agreements, EDF Renewables plans to construct two wind farms, including the Burnfoot East wind farm with capacity of 10.8MW.
In 2019, EDF Renewables acquired a portfolio of wind power projects with capacity of approximately 300MW being developed from Altus AG.
In 2019, EDF Renewables transferred its assets to Edison. In 2019, EDF Renewables disposed of all of its wind farms in Poland (106MW). In 2019, EDF Renewables continued its sustained development of onshore wind power, with construction commencing on 1.132GW worth of projects. EDF Renewables also commissioned the Stoneray wind farm (100MW) in Minnesota and the repowering project at Bobcat Bluff (162MW). In addition to conventional electricity contracts, EDF Renewables North America has developed the sale of electricity through private contracts. Private contracts worth over 1,300MW of wind power capacity have been signed with companies such as Google, Microsoft, Procter & Gamble, and Salesforce. The Romney project (60MW), 50% owned by EDF Renewables Canada, has been commissioned. EDF Renewables Canada has also signed a RESA (Renewable Electricity Support Agreement), a support agreement with AESO (Alberta Electricity System Operator), manager of the Alberta electricity grid. This 20-year contract relates to the Cypress project, of a capacity of 201.6MW. This project is part of a partnership between EDF Renewables, Canada, and the Kainai Nation.
In 2019, EDF Renewables and SITAC group signed power purchase agreement covering 300MW of wind project in India. EDF Renewables Brazil is developing wind power, winning long-term electricity supply agreements in auctions organised by the Brazilian regulatory authority and distributors. In 2019, 292MW worth of wind power projects put forward by EDF Renewables won at these auctions. EDF Renewables had a gross total of 391.5MW onshore wind power capacity in operation as of the end of 2019.
In 2019, EDF Renewables transferred its assets to Edison. In 2019, EDF Renewables North America won a long-term contract for the Morris Ridge solar power project, with installed capacity of 212MWp/170MWac. In addition to conventional electricity sales contracts, EDF Renewables North America has developed the sale of electricity through private contracts, resulting in private contracts totalling over 200MWp of solar capacity being entered into with companies. The company is developing its solar power business in India through EDEN, a joint subsidiary created for this purpose in 2016 by EDF and EREN Renewable Energy. In 2019, the subsidiary entered into four electricity sales contracts in northern India for total capacity of 716MWp.
EDF Renewables joined the consortium led by Masdar to develop the DEWA III project, which is the third phase (800MWac) the solar farm project, the Mohammed bin Rashid Al Maktoum solar farm, which is being developed in partnership with Dubai Electricity and Water Authority (DEWA) near Dubai.
EDF Renewables joined forces with Elsewedy Electric to develop, build and operate two photovoltaic plants with a total installed capacity of 130MWac. Located in the south of the country the two plants form part of the Benban solar complex (1.8GWac) and come with a 25-year power purchase agreement with the Egyptian Electricity Transmission Company (EETC). The Benban solar power plants were commissioned in August 2019. In 2019, EDF Renewables announced the strategic acquisition of a stake in Karm Solar, a major player on the emerging independent solar power producers’ market in Egypt aimed at domestic customers. Karm Solar has a total portfolio of 170MW of solar power plants, including operational plants and plants under construction or development.
EDF ENR is an integrated player in decentralised solar power production, carrying out design, development, construction, operation, and maintenance of rooftop and car park canopy installations. A wholly-owned subsidiary of the Group, it markets solar power offers for domestic customers, professionals, and local authorities in metropolitan France and overseas departments and territories. With over 10,000 installations of its residential self-consumption Mon Soleil & Moi’ (My Sun & Me) solution, first launched in 2016. On the professional market, the offering features in the EDF Energy Solutions catalogue, under the responsibility of business market sales teams. EDF Renewables Technologies, a wholly-owned subsidiary of EDF Renewables, also operates upstream in the sector. It owns 100% of EDF ENR PWT (Photowatt brand), which designs and manufactures photovoltaic modules using crystalline silicon technology with various applications ranging from residential equipment to land-based solar farms. Since late 2018, Photowatt has been rolling out a new industrial model focusing on low-carbon production of high-technology silicon wafers and ingots. The generation capacity is gradually reaching over 500MWp a year at Photowatt’s existing facility at Bourgoin-Jallieu (38) in the Auvergne-RhÔne-Alpes region in France. Alongside this joint project, Photowatt focuses on its R&D activities, renamed Photowatt Lab, in conjunction with the EDF group’s R&D Department and solar energy research centres such as INES or the Photovoltaic Institute of Île-de-France region with a view to fostering the emergence of new technology in the field of photovoltaic cells and modules and testing it in pre-industrial conditions.
EDF Renewables engages in a growth strategy in the USA on the decentralized energy market. This partnership concerns the EDF Renewables equity investment in EnterSolar to the tune of 50%. It will allow both companies to offer C&I customers the range of solutions for “behind the counter” decentralized electricity generation and to capitalise on the sharp growth in demand for decentralised generation solutions from the C&I sector.
In 2018, EDF Renewables together with Asia Clean Capital (ACC), one of the main developers in China of rooftop photovoltaic installations for local businesses and multinationals, launched a joint venture aimed at building and operating a portfolio of decentralised solar energy projects on rooftops. The joint venture shall leverage the local reputation of ACC as a key decentralised solar player in the country and the international expertise of EDF Renewables in decentralised solar power and in self-consumption solutions for industrial players. In 2019, EDF Renewables acquired a majority stake in an asset portfolio comprising 77MWp of rooftop solar power installations with Asia Clean Capital. The company supplies electricity at the regulated sales tariff (TRV) and with a comprehensive range of market offers in electricity.
EDF Entreprises offers a range of competitive electricity and gas supply offers to companies and professionals, geared to each customer’s expectations and types o energy use. EDF Entreprises offers all its customers across all its products the option to choose electricity from renewable sources to cover their consumption. EDF Entreprises has a diversified range of products intended for all its electricity and gas customers, whether small companies or large industrial customers: online consumption monitoring, electronic invoices, assistance and troubleshooting, advice (optimisation of subscribed power, efficiency and reduction of energy expenses, etc.), in particular for customers who want to use an energy management system.
EDF Energy owns and operates eight nuclear power stations in the UK (15 reactors) with a total capacity of 8.9GW. EDF Energy supplied 11.05TWh of electricity and 28.07TWh of gas for the domestic segment in 2019. As of 31 December 2019, EDF Energy had 3.025 million electricity accounts and 2.019 million gas accounts. In Italy, as of 31 December 2019 Edison’s installed capacity (excluding energy efficiency services) amounted to 6.5GW, with net electricity production of 20.6TWh in 2019. The company’s generation fleet is currently made up of 93 hydropower plants, 14 thermal power plants, 46 wind farms and 64 photovoltaic plants. Combined-Cycle Gas Turbines (CCGT) account for 78% of electricity generation, while hydropower accounts for 15% and combined wind and solar for 7%. In 2019, the company’s hydropower output totalled 3.2TWh (up 3.6% from 2018), resulting from the operation of some 1.0GW of hydropower installations in Italy, approximately 80MW/.
In the field of renewable energy, Edison has installed capacity of 0.9GW. The company operates wind power through E2i (Energie Speciali srl), a company set up in 2014 in partnership with the F2i fund, which owns a 70% stake; the remaining 30% is owned by Edison via Edison Partecipazioni Energie Rinnovabili srl. E2i owns 711MW of renewable assets, 165MW of which correspond to eight construction, reconstruction, or extension projects for wind farms acquired following a public auction in 2016, construction of which was completed between late 2018 and 2019. All energy produced by E2i is transferred to Edison as part of the integrated management of its production portfolio.
Internationally, Edison owns a 50% stake in ElpEdison SA, one of the country’s main electricity operators, alongside Hellenic Petroleum. ElpEdison owns two CCGT plants: one in Thessaloniki (400MW) and one in Thisvi (410MW), both built by Edison and whose electricity is sold on the retail market. The company holds a 50% stake in Ibiritermo, a subsidiary in Brazil, which operates a 226MW CCGT plant, and a 20% stake in Kraftwerke, which operates 626MW of hydropower in Switzerland. The company develops, sells and manages energy and environmental services via a dedicated business unit called ‘Energy Services Market Division’.
Strategy
The company’s strategy is based on its core business i.e. nuclear steam supply systems, and aims to offer safe and competitive solutions, industrialise them and carry out the projects as part of an industrial sector.
Customers
The company’s customer base includes leading international energy players and it works on over 300 reactors in the world.
Sales and Marketing
In 2019, the company sold 31.2TWh of electricity in Italy (compared with 29.4TWh in 2018, i.e. up 6%), of which 20.6TWh were generated (1) and 10.6TWh were purchased on the markets.
Gas Transport and Storage
The company owns 100% of the Edison Stoccaggio company, dedicated to regulated gas-storage activities. Edison also operates three storage facilities in depleted reservoirs (fields which have been depleted of natural gas): Cellino (since 1984), Collalto (since 1994) and San Potito & Cotignola (since 2013).
As of December 31, 2019, the EDF group held 68.63% of the Luminus company through its subsidiary EDF Belgium. The company owns 10.2% (419MW) of Belgium’s Tihange 2 and 3 nuclear power plants (commissioned in 1983 and 1985 respectively) and of the Doel 3 and 4 plants. Luminus also has 100MW drawing rights on the French Chooz B nuclear power plant, based on a band of guaranteed output according to the average availability of the French fleet.
The company is involved in the energy services segment for residential customers, through its subsidiaries Rami Services, Dauvister, Leenen and Insaver, by installing and maintaining boilers, selling and managing a smart thermostat (Netatmo), installing solar panels and providing Comfort services in the event of unforeseen damage to housing. In 2019, Luminus continued its strategy of expansion into energy services, broadening its presence upstream in the value chain with the acquisition of design firm De Klerk Engineering and ERVAC (via Newelec), specialising in heating, ventilation, and air conditioning control (HVAC). ATS also bought out Censatech, active in HVAC on the professional market (B2B2C). In October 2019, EDF Deutschland bought a 33.3% stake in Hypion GmbH, a company that originates and develops hydrogen-related projects in the north of Germany. Electranova Capital holds a stake of around 13.4% in Sunfire, a Dresden-based company which develops high-temperature electrolysers (Power-to-Gas and Power-to-Liquids). The Group owns 50% of a run-of-river hydropower plant located in Iffezheim on the Rhine River (148MW, 5 turbines, extension work on this plant was completed in 2013). The EDF group also has storage for natural gas in salt cavities located in Etzel in Lower Saxony.
The EDF group is present in Russia in the energy services sector via Dalkia Rus, a subsidiary of Dalkia. At 31 December 2019, the EDF group held 31.48% of the capital of Elcogas, a 320MW power plant of the ICCG type (Integrated Combined-Cycle Gasification), alongside Endesa Generación (40.99%), Iberdrola Generación (12.0%) and EDF España (8.54%).
The EDF group operates throughout the North American continent, with a presence in the United States. It has more than 9.8GW of gross installed capacity in North America. It also manages, on behalf of third parties, around 52GW of installed capacity under operation and maintenance or optimisation services contracts.
CENG’s nuclear business is under the control of the US Nuclear Regulatory Commission (NRC). CENG operates five nuclear reactors, spread across three operating sites and representing a combined capacity of 4,272MW. EDF Trading operates in the North American markets for electricity (including transmission rights), gas, coal and environmental products. EDF Energy Services is the commercial and industrial retail arm of EDF Trading and provides management and optimization services to large-scale energy intensive commercial and industrial customers throughout North America.
EDF Renewables, through its subsidiaries EDF Renewables North America, EDF Renewables Canada and EDF Renewables Mexico continued its expansion in North America, commissioning 868MW gross of wind, solar photovoltaic and biogas capacity in 2019. EDF Renewables Services manages wind and solar projects, both for the company’s own accord and on behalf of third parties.
Dalkia, a wholly-owned subsidiary of the EDF group, is present in the North American energy services markets (local management of energy and energy efficiency) with 505 employees. Dalkia operates through its companies, Dalkia Energy Solutions and Aegis Energy Services in the United States, and Dalkia Wastenergy in Canada. The company has an R&D and Innovation team (EDF Innovation Lab) located in Los Altos, California, which assists EDF group with research, development and innovation as well as with its development in the United States. Citelum, an EDF subsidiary in the field of urban road lighting, is also present in the United States. In 2019, Citelum has conducted the outdoor and indoor lighting inventory of 14 marinas along the East Coast from New Jersey to Florida for Safe Harbor Marinas. In South America, the EDF group is present in the Brazilian and Chilean markets, and is extending its ambitions in certain countries in the region, in which it is prospecting for development opportunities.
The EDF group holds 19.6% of SZPC, a company which owns three coal-fired power plants in the Shandong province, commissioned between 1987 and 2004, with a total capacity of 3,060MW. The EDF group holds 35% of DSPC, the company that owns the Sanmenxia 2 power plant in Henan province. The EDF group holds 49% of FPC, a joint-venture created in 2014 with a subsidiary of the Datang group to build and operate an ultra-supercritical power plant (2×1,000MW) in the Jiangxi province.
The EDF group’s activities in Southeast and Southern Asia are focused on the development of the electricity sector, particularly through involvement in projects for the design, construction and operation of new thermal gas and hydraulic generation plants in countries offering Independent Power Plant (IPP) type opportunities, as well as in the field of renewable energies, nuclear, smart cities, micro-grids and innovation. At 31 December 2019, EDF owned 56.25% of Mekong Energy Company Ltd. (MECO), the company owning Phu My 2.2, a combined cycle gas power plant with a capacity of 715MW. As of December 31, 2019, the EDF group held a 40% stake in Nam Theun 2 Power Company (NTPC), which owns the hydropower complex Nam Theun 2 with an installed capacity of 1,070MW, built by the EDF group under a turnkey contract, commissioned in 2010 and which represents approximately 17% of the installed capacity of the country.
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. 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 Group is also present in Senegal, through the ERA company, the operator of the rural electrification concession in Kaffrine-Tambacounda-Kedougou. In 2019, EDFI acquired the 30% stake held by Matforce in ERA. EDF group is developing the Biovea project for a biomass electricity power plant with two 23MW units in partnership with SIFCA, an Ivorian agro-industrial group in West Africa, and Meridiam, an investment firm which joined the project in 2018.
The EDF group engages in development and project monitoring activities in the Middle East, and has a regional office based in the United Arab Emirates covering business in the region. In addition, the Group has offices in Qatar (Doha), Saudi Arabia (Riyadh), Lebanon (Beirut), Bahrain and the United Arab Emirates (Abu Dhabi and Dubai). In Europe, the EDF group uses over 250TWh of gas. In 2019, EDF Trading Limited and JERA Co. Inc. entered into an agreement to set up a joint venture under the name JERA Global Markets in which EDF Trading has a 33.33% stake and JERA Trading International Pte Ltd, itself a wholly-owned subsidiary of JERA Co. Inc. has a 66.67% stake.
Distribution
Gas distribution in Italy is regulated and supervised by Italian Regulatory Authority for Energy, Networks and Environment, the electricity and gas authority that establishes, in particular, quality and safety parameters, as well as network access rules. Infrastrutture Distribuzione Gas SpA is the company dedicated to the distribution of natural gas within the Edison group. In 2019, it distributed 0.3mmc of natural gas to around 150,000 users in northern and central Italy.
History
Electricite de France S.A. was founded in 1946.
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