Areva - Reference Document 2016

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BUSINESS OVERVIEW

6.1 Markets for nuclear power and renewable energies

SCENARIOS FOR THE GLOBAL NUCLEAR REACTOR FLEET (IN NET GWE)

900 Nuclear capacity scenarios (in GWe net)

+83.6%

748 779

800

720

700

600

576 502 404

552

500

391

400

367

300

-6.3%

200

2015

2020

2025

2030

2035

2040

IEA-2016 - Current policies

WNA 2015 - High

IAEA 2016 - Low IAEA 2016 - High

IEA-2016 - New policies

WNA 2015 - Reference WNA 2015 - Low

IEA-2016 - 450 ppm Policy case

Sources: IAEA,WNA, International Energy Agency.

In France, the law on the energy transition and green energy adopted by Parliament in July 2015 sets a ceiling on installed capacity in France of 63.2 GWe and sets an objective for reducing nuclear’s share of power production to 50% by 2025. Methods of implementation are still being defined at this time.

6.1.3. RENEWABLE ENERGIES MARKETS

Each year since 2008, renewable energies’ share of new generating capacity coming on line in the United States and Europe has grown more than that of fossil energies. While renewable energies, excluding hydropower, accounted for less than 5% of the electric power mix in 2011, national governments have often set a target of 15% to 20% of the mix by 2020. As shown on the chart below, more than 60% of the electricity from renewable sources was produced in Europe or in the United States in 2014.

ELECTRICITY GENERATION FROM RENEWABLE SOURCES* BY REGION IN 2014 (TWH)

196 Rest of the world

309 USA

68 Japan

243 China

68 India

547 EU

58 Brazil

* Excluding hydropower. Source: IEA,WEO 2016.

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2016 AREVA REFERENCE DOCUMENT