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BUSINESS OVERVIEW
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6.2 AREVA’s customers and suppliers
Europe is particularly dynamic when it comes to developing renewable energies.
For example, the European Union has set a goal of a 27% share of final energy
consumption from renewable energies by 2030.
North America is also in a growth mode in this area. Legislation passed in more
than half of the US states calls for renewable energy sources to contribute 12% or
more to total electricity generation by 2020. Three markets were created in recent
years to trade carbon emission permits, particularly for the power sector, under a
voluntary system.
China, India and other emerging countries, which are setting goals for reduced
carbon intensity, are potential growth markets for these energies. Both China and
India have ambitious objectives for building renewable energy capacities in their
respective five-year plans. In addition to low construction costs, these countries
often have good access to renewable energy resources, such as biomass in Brazil
and India.
The New Policies Scenario of the IEA’s
World Energy Outlook 2016
foresees very
strong worldwide growth of electricity generation from renewable sources, for a
combined total excluding hydropower of 4,925 TWh per year by 2040.
WORLD RENEWABLE ELECTRICITY GENERATION* (TWH)
1990
2014
2020
2030
2040
2035
2025
TWh
12,000
14,000
10,000
8,000
6,000
4,000
2,000
0
Current Policies
New Policies
450 ppm Policy
* Excluding hydroelectric power.
Source: IEA,WEO 2016.
6.2.
AREVA’S CUSTOMERS AND SUPPLIERS
6.2.1.
CUSTOMERS
AREVA’s consolidation scope is destined to evolve substantially over the course
of 2017, and the company should lose the control of its two main subsidiaries,
NewCo and New NP.
Nonetheless, at December 31, 2016, the group’s global data for customers
should be brought back to reported revenue and to that of the operations sold,
discontinued or held for sale pursuant to IFRS 5 (see Section 9.2.2.
Reconciliation
of main aggregates of 2016
).
REGIONAL DISTRIBUTION OF CUSTOMERS BY REVENUE
REVENUE OF THE COMBINED ENTITIES OF THE GROUP
44.9%
France
15.8%
Europe (excluding France)
20.9%
North and South America
1.6%
Africa and Middle East
16.9%
Asia-Pacific
Source:AREVA.
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2016 AREVA
REFERENCE DOCUMENT