EDF_REGISTRATION_DOCUMENT_2017

1.

PRESENTATION OF EDF GROUP Description of the Group's activities

The Group also proposes to bring innovative solutions to industrial customers and eco-districts by drawing on EDF’s expertise in Europe, particularly in the fields of smart grids, cogeneration, waste heat recovery and decentralised renewable energies (heat pumps, district solar, biomass and geothermal power). services Concerning engineering services, EDF is working with its partners to respond to international calls for tender. This complementarity of expertise led to the signing of a contract in 2017 with Asian Development Bank, in conjunction with the Chinese network operator State Grid, th a feasibility study on the interconnections between the electricity grids of countries located in Northeast Asia (China, Mongolia, Japan, Korea). In addition, EDF is considering the feasibility of upgrading its exploration and maintenance services in partnership with Chinese players. In the Chinese market, EDF International Networks develops service and consultancy offers to optimise the performance of local players in managing electricity distribution networks. Southeast and Southern Asia 1.4.5.3.6.2 The EDF group’s activities in South-East Asia and in 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, smart cities and innovation. Vietnam At 31 December 2017, 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 (or around 1.7% of the country's installed capacity). The other shareholders are TEPCO (JERA) and SGM2 (Sumitomo). This is the first IPP project financed exclusively by foreign investors in Vietnam. The BOT (Build, Operate, Transfer) contract has a term of 20 years. In 2005, EDF provided “turnkey” delivery of the power plant, and operations are now managed by MECO. Laos At 31 December 2017, 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 18% of the installed capacity of the country. The other shareholders are a Thai company, EGCO (Electricity Generating Public Company Limited), which holds 35%, and a Lao State company, LHSE (Lao Holding State Enterprise), which holds 25%. NTPC company operates the power plant on a 25-year concession agreement concluded with the government of Laos. India Concerning nuclear energy, following the memorandum of cooperation relating to the plan to build 6 EPR reactors in Jaitapur signed in January 2016, EDF and the national Indian electricity company Nuclear Power Corp of India Ltd. (NPCIL) furthered their discussions in 2017 to better define the framework of their cooperation, which culminated on 10 March 2018 with the signing of an industrial way forward agreement for the implementation of six reactors (see section 5.2 "Subsequent events"). In addition, in 2016, EDF won a contract for 75,000 smart meters from the New Delhi Municipality Council, the municipal authority for the Indian capital. The Group, via its subsidiary EDF International Network responded to this call for tenders within the framework of a consortium led by WAPCOS, an infrastructure engineering company wholly-owned by the Indian State. The EDF Énergies Nouvelles subsidiary is also present in India in photovoltaic solar energy, and since 2016 in wind farms (see section 1.4.1.5.3. “EDF Énergies Nouvelles”). 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. 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 2017, EDF signed a research partnership with Nanyang Technical

University to bring the Renewable Energy Integration Demonstrator Singapore, a multi-company project involving a smart electricity grid demonstrator (Smart Grids), to an island off the coast of 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 is in the process of being reviewed and will be extended to 2050. Several scenarios integrating nuclear, renewable energies and liquified natural gas are being discussed with a view to promulgation in 2018. The South African subsidiary is also responsible for developping 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. In addition, EDF EN has gained a foothold in the South Africa wind power market during the course of the various phases of the request for bids launched by the Ministry of Energy since 2011. The company was selected through its subsidiary InnoWind (of which 84% is held by EDF EN) and operates a gross capacity of 107.6MW. 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). The EDF group and EDM have entered into a cooperation agreement signed in June 2017 with the aim of promoting exchanges in all areas of connected and non-connected electricity systems for hydraulic, thermal and renewable generation as well as in networks and training. The EDF group, in conjunction with WLE - World Leading Education, was selected within the framework of a call for tenders relating to professional training and the renewal of EDM's training centres. 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 EN in partnership with the Japanese group, Mitsui & Co., is developing the 150MW Taza wind farm (see section 1.5.1.4.3 “EDF Énergies Nouvelles”). The Group is also involved in energy efficiency activities in Morocco with the Fencie subsidiary (EDF Fenice Maroc, see section 1.4.5.2.2 “EDF group's activities in Italy”) and in public lighting with the Citelum subsidiay. Senegal The Group is also present in Senegal, through the ERA company, the operator of the rural electrification concession in Kaffrine-Tambacounda-Kédougou (see section 1.4.5.3.9 “Off-grid energy”). It is also present through a service contract involving generation with an independent power producer and several service contracts through its subsidiary EDF International Networks, responsible for implementing contracts to improve the performance and ensure the reliability of the local operator Senelec's distribution network.

72

DF I Reference Document 2017

Made with FlippingBook - professional solution for displaying marketing and sales documents online