54 / 386
BUSINESS OVERVIEW
06
6.3 Overview and strategy of the group
6.3.
OVERVIEW AND STRATEGY OF THE GROUP
6.3.1.
OVERVIEW
AREVA conducts its operations in the energy market, where global demand is
propelled by the combined effects of demographic dynamism – particularly in
emerging countries – and long-term economic growth, leading to access to energy
for as many people as possible. Against that backdrop, nuclear power has several
advantages to secure its position in the global energy mix: it is one of the few
energies to limit carbon dioxide emissions, avoid the ups and downs of fossil energy
markets, and meet demand for base load electricity.
Consistent with the divisions for the redefinition of the French nuclear industry,
AREVA’s consolidation scope was divided into separate scopes in 2016:
p
NewAREVAHolding, temporarily calledNewCo, which combine all of the nuclear
fuel cycle operations: mining, uranium chemistry and enrichment, used fuel
recycling, logistics, dismantling and nuclear waste management;
p
the AREVA NP operations, which cover the activities of fuel assembly design and
fabrication as well as the design, supply, construction, servicing and upgrading
of nuclear steam supply systems. In 2017, EDF should take a majority interest in
these operations lodged whithin NewNP (except for the OL3 contract) according
to the memorandum of understanding and share purchase agreement signed
in July and November 2016 respectively;
p
other operations held for sale or remaining in the AREVA SA consolidation scope
until they are sold or completed, including the OL3 contract.
SCOPE OF AREVA OPERATIONS AT DECEMBER 31, 2016
Activités
NewCo
Aval
Autres activités
Autres
activités
Propulsion &
réacteurs
de recherche
Bioénergies
Energie
solaire
Energie
éolienne
Stockage
d’énergie
Activités
AREVA NP
Projet OL3
Combustible
Base Installée
Grands Projets
(hors Projet OL3)
Composants
Direction
Technique
& Ingénierie
Instrumentation &
Contrôle Commande
New NP
Mines
Amont
Recyclage
Logistique
nucléaire
Démantèlement
& Services
AREVA
Projets
AREVA
Med
Energies
renouvelables
Organization as of December 31, 2016
Operations held for sale
Operations remaining in the AREVA SA
consolidation scope until their sale
or discontinuation
Operations for which majority control
is to be ceded to EDF
NewCo
op rati ns
Back End
Other operations
Oth r
operations
Propulsion and
Research
Reactors
Bioenergies
Solar En rgy
Wind En rgy
Energy Storage
AREVA NP
operations
OL3 project
Fuel
Installed Base
Large Projects
(excluding
OL3 project)
Co ponents
Technical &
Engineering
Department
Instrumentation
and Control
New NP
Mining
Front End
Recycling
Nuclear
Logistics
Dismantling
and Services
AREVA
Projects
AREVA
Med
Renewable
energies
Source:AREVA.
54
2016 AREVA
REFERENCE DOCUMENT