News

2018 annual results

Publish on 20/02/2019

Rebound confirmation: double-digit growth in EBITDA
Cash Flow largely positive
Excellent execution of the performance plan


Marked rebound of the operating performance
Nuclear output in France amounted to 393.2TWh, an increase of 14.1TWh over 2017. This improvement can be explained by the fact that 2017 was heavily penalised by several reactor outages linked in particular to the manufacturing records of the Creusot plant, the “carbon segregation” issue, and the temporary shutdown of the four generation units of the Tricastin power plant.
Hydropower output in France amounted to 46.5TWh (1), an increase of 25.4% (+9.4TWh) over 2017. After a very dry year in 2017, 2018 benefited from good hydropower conditions and an optimised availability of hydropower assets.
In the United Kingdom, nuclear output amounted to 59.1TWh, down 4.8TWh compared to 2017. This decrease can be explained in particular by the Hunterston B inspection and the extension of the Dungeness B outage.
EDF Renewables’ production amounted to 15.2TWh, an organic increase of 15% compared to 2017 thanks to commissionings at the end of 2017.
In addition, EDF Trading achieved solid results by taking advantage of a context of favourable volatility in the commodities market.

Net income
The financial result corresponds to a financial expense of €4.8 billion, €2.6 billion more than in 2017. This evolution is primarily due to the change in the fair value of debt and equity on dedicated assets, which weighs on the financial result (application of IFRS 9 (2)) because of unfavourable market conditions, especially at the end of the year. Conversely, in 2017 the Group realised significant capital gains within its dedicated asset portfolio. Moreover, the unwinding cost recorded in 2018 is greater than in 2017 due to a more pronounced decrease in the discount rate for nuclear provisions (20 basis points in 2018 compared to 10 in 2017).
Net current income excluding non-recurring items amounted to €2.5 billion in 2018, down 13.1% compared to 2017 due to the change in the financial result (excluding the fair value adjustment of financial assets). Net income Group share amount to €1.2 billion in 2018, down 62.9%. In addition to the variation in the financial result, this decrease is explained by the positive effect of the capital gain recorded in 2017 for the sale of 49.9% of the Group’s shareholdings in CTE (3), without equivalent in 2018.

Excellent execution of the performance plan
The good execution of the performance plan was confirmed in 2018 with the surpassing of all targets:
- Operating expenses (4) were reduced by €256 million in 2018 compared to 2017, representing a cumulative reduction of €962 million between 2015 and 2018, exceeding the target of €800 million by the end of 2018 and positioning the Group on the right path to meet the €1.1 billion over 2015-2019 period.
- The Group’s plans to optimise the working-capital requirement delivered a cumulated optimisation of €2.1 billion over the period 2015-2018, which allowed to exceed the €1.8 billion target.
- The €10 billion disposal plan was completed at the end of 2018, two years ahead of schedule.
Together with the capital increase carried out in 2017, the performance plan significantly strengthened the Group’s balance sheet and contributed significantly to the success of Cap 2030 by allocating the necessary resources to the strategy.

......

The first of two EPR reactors at China’s Taishan nuclear power plant enters into commercial operation

Publish on 24/12/2018

On Friday 14th of December 2018, CGN and EDF announced, at a joint press conference in Beijing, that unit 1 of Taishan nuclear power plant had become the world’s first EPR to enter into commercial operation. This last milestone was reached on Thursday 13th of December 2018 after the final statutory functional test of continuous operation at full power for 168 hours. The successful outcome of this test marks the achievement of all prerequisite conditions for the reactor’s safe operation.

Comprising two 1750-MW EPR reactors, Taishan nuclear power plant is the biggest cooperation project to have taken place between China and France in the energy sector. Taishan’s two reactors are capable of supplying the Chinese power grid with up to 24 TWh of CO2-free electricity a year, tantamount to the annual electricity consumption of 5 million Chinese users, whilst at the same time preventing the emission of 21 million tons of CO2 a year.

The Taishan project is being led by TNPJVC, a joint venture founded by CGN (51%), EDF (30%) and a regional Chinese utility called Yuedian (19%). The EDF Group and its Framatome subsidiary supplied the third-generation EPR technology, which meets the highest international safety standards. EDF also contributed operating experience from the construction of its Flamanville-3 EPR. The use of this operating experience was a crucial factor in successfully completing the initial phases of the Taishan 1 construction project. CGN, which oversaw the construction phase of the project, capitalised on more than 30 years of experience in the construction of nuclear power plants.

Taishan 1 has benefited from 35 years of strategic cooperation between EDF and CGN, which started with the construction of China’s very first commercial nuclear power plant at Daya Bay. Both companies also took advantage of the complementary relationship between the French and Chinese nuclear industries, thereby increasing their knowledge base and offering new business opportunities.

Taishan 1 is providing EPR reactors around the world with its experience in project management and technological expertise. The first reactors to benefit from this experience are the two Hinkley Point C units currently being built in the UK. The two companies are also partners in the Sizewell C EPR project, as well as in the Bradwell B project which is based on Hualong technology.

He Yu, Chairman of China General Nuclear Power Group: “Taishan 1’s entry into operation marks the accomplishment of the task set by the Chinese and French heads of state. As the world’s first EPR project, Taishan offers valuable lessons and solutions for the construction of similar reactors worldwide and it will play a demonstrative and supportive role in the joint construction of the Hinkley Point C project in the UK by CGN and EDF.”

Jean-Bernard Lévy, EDF Chairman and Chief Executive Officer: "The commissioning of Taishan 1, the world’s first EPR to enter into commercial operation, is a key achievement for the entire French nuclear industry as it demonstrates its capacity to develop this third-generation nuclear technology in line with the highest safety and quality standards. EPR is a major asset in addressing the challenge facing many countries: reconciling the growth of electricity demand with the need to reduce carbon dioxide emissions. The Taishan project also illustrates our approach to developing EPRs worldwide, in cooperation with valued partners such as CGN.”

A visible success for EDF Nuclear Suppliers Day 2018 in Mumbai

Publish on 05/12/2018



EDF with the support of Business France, were pleased to welcome around 200 participants on November 27th 2018 to the EDF Nuclear Suppliers Day 2018 which took place in Mumbai, India.
More than 20 delegates from NPCIL, Nuclear Power Corporation of India Limited, also took part of the event and made some presentations on various topics including training, public acceptance, procurement, localization and quality assurance.
 
An Industrial Way Forward Agreement has been signed on March 10th 2018 between the EDF Group and the Indian nuclear utility NPCIL for the implementation of 6 EPR on the site of Jaitapur.
EPR Jaitapur Nuclear Power Project, is located in the state of Maharashtra and will be the largest nuclear power plant in the world with six EPR generating capacity of approximately 1600 MW per unit.
 
This unique EDF Nuclear Suppliers Day gathered most of the stakeholders working on the EPR Jaitapur Nuclear Power Project and a large panel of nuclear suppliers from France and India.
This event has been a unique opportunity to identify potential areas of cooperation between French and Indian nuclear suppliers willing to join forces in order to efficiently meet the tremendous localization needs of the Jaitapur project.
 
 

Another milestone has been accomplished in the development of the Son My 1 combined-cycle gas power plant project (2250 MW) in Vietnam.

Publish on 29/11/2018

On the 2nd of November 2018, during the official visit of France’s Prime Minister Edouard Philippe to Vietnam, EDF, on behalf of the consortium in charge of the development of the Son My 1 gas-fired combined-cycle facility, and the Vietnamese Ministry of Industry and Trade signed a Memorandum of Understanding (MOU) setting out the general framework for the project. The signing of this MOU marks a major milestone by opening the way to the negotiation of different agreements that will ultimately lead to the final investment decision.

The project involves the construction and operation, over a 20-year period, of a 2250-MW high-efficiency and environmentally sustainable combined-cycle gas-fired plant, located in the province of Binh Thuan to the north-east of Ho Chi Minh. It is aligned with Vietnam’s energy diversification policy while fulfilling a dual purpose: meeting the growing demand for electricity and reducing the proportion of coal in Vietnam’s energy mix (34%) in favour of gas and renewables.

Already active in Vietnam via its subsidiary, the Mekong Energy Company in which it holds a 56.25% stake and which operates the combined-cycle Phu My 2.2 facility (715 MW), EDF will use its experience in the construction and operation of combined-cycle plants worldwide. The new facility is expected to be commissioned by 2024.

In March of this year, the EDF Group was appointed leader of the consortium (37.5%) set up to design the project along with its Vietnamese partner Pacific Corporation (25%) and two Japanese partners, Sojitz corporation (18.75%) and Kyushu Electric Power Co (18.75%).

Marianne Laigneau, Senior Executive Vice-President in charge of EDF’s International Division: "The agreement signed today marks a significant step forward in the project’s development. We are proud that our expertise will be supporting Vietnam with a pivotal project that epitomises its energy transition. The Son My 1 project has strengthened our footprint in South-East Asia, a strategic region for our international expansion, whilst being perfectly aligned with EDF’s CAP 2030 strategy which seeks to triple the Group’s share of business outside Europe by 2030”.

EDF IN SOUTH-EAST ASIA

With more than 20 years of experience in South-East Asia, the EDF Group’s presence is reflected in a number of business sectors:

  • Grids: On the 31st of October 2018, the Group inaugurated the MASERA microgrid demonstrator in Singapore. It will ultimately enable the Group to roll out a commercial offering of affordable and efficient microgrids in isolated regions of South-East Asia, among others. EDF has also conducted feasibility surveys for the power transmission grid in Cambodia and Thailand, the construction of a 140-km high-voltage line in Laos, and optimised design studies for the Indonesian grid.
  • Power generation: The Group has built the Nam Theun hydroelectric dam (1070 MW) in Laos, which it now operates via its subsidiary, NTPC. It is also developing a 670-MW hydro project in Myanmar.
  • Trading and LNG optimisation via a joint venture set up in 2018 by Jera and EDF Trading, based in Singapore.
  • Innovation and development: on the 29th of October 2018 the Group inaugurated in Singapore its Asian headquarters to cover its expansion in South-East Asia; EDF has already been established there via its R&D laboratory specialising in sustainable cities.

EDF launches the first French microgrid demonstrator operational in Singapore

Publish on 29/11/2018

  • Affordable electric supply for isolated territories in South-East Asia
  • Green energy helping to reduce the carbon footprint
  • Proven and standardised solutions for a reliable and resilient microgrid

EDF, Enedis and the Nanyang Technological University, Singapore (NTU Singapore) have launched the MASERA microgrid project (Microgrid for Affordable and Sustainable Electricity in Remote Areas), as part of the Singapore International Energy Week (SIEW) and the 2018 France-Singapore Year of Innovation. This demonstrator will allow EDF to deploy a commercial offer of affordable and high-performance microgrids for isolated territories in South-East Asia.

EDF’s MASERA is part of NTU’s offshore microgrid testbed known as REIDS (Renewable Energy Integration Demonstrator – Singapore). Located at Semakau landfill, NTU’s REIDS is the region’s first offshore microgrid testbed which integrates multiple renewable energy sources to develop solutions to tackle regional electricity issues.

On this platform, EDF, at the head of a consortium of French smart grids/smart cities companies, has designed, built and commissioned the MASERA demonstrator within one year, a record time for such a prototype, integrating various innovative solutions:

  • 50kW of bifacial photovoltaic panels;
  • A Lithium-Ion storage system provided by Socomec;
  • An affordable and eco-friendly Zinc-Air battery from Zinium (EDF spin-off);
  • A Nissan Leaf electric vehicle
  • A V2G (Vehicle to Grid) software platform and bidirectional charging hardware from Nuvve Corporation;
  • A load bank to reproduce typical customers’ consumption;
  • A 100 percent EDF local and remote microgrid control system allowing standardised communications and generation optimisation,
  • A reliable and secure smart meter infrastructure with the expertise of Enedis.

In Singapore, EDF relied on the experience of local companies such as Aurecon, for the detailed technical design and Caxton, for the construction of the MASERA demonstrator.

The MASERA project is the demonstration of an industrial, innovative and easily deployable solution. It will allow EDF to support economic development in South-East Asia and therefore improve the quality of life of communities.

This project illustrates EDF’s drive and unique expertise in designing, developing and executing smart grid and microgrid projects on islands and territories with no access to the grid or facing reliability issues. In recent years, EDF has developed multiple innovative microgrid solutions
including a 100 percent renewable energy system on La Réunion island, the Nice Grid demonstrator in Carros near Nice and hybrid microgrids in Toucan and Kaw in French Guiana. In the frame of these developments, EDF benefits from Concept Grid, the EDF R&D leading smart grid laboratory near Paris.

Microgrid solutions leveraging the potential of renewable energies offer development perspectives in South-East Asia, taking into account the geographies, the current lack of infrastructures and the economic growth of the major countries in the region.

Bernard Salha, Senior Executive Vice President (VP) of EDF Group, President of EDF Research and Development, declared, “I am happy to be celebrating the launch of the MASERA demonstrator. This project allows us to combine the expertise and knowledge of Enedis, of the Nanyang Technological University of Singapore, of companies from the French Think Smartgrids association, which federates the whole players of the Smart Grid ecosystem like Enedis, Socomec, Sagemcom and start-ups, and of the EDF Group in the domain of microgrids. Thanks to MASERA, EDF whose ambition is to become one of the world leaders in microgrids will improve its knowledge of local markets, reinforce its R&D and demonstrate the reliability of off-grid and microgrid solutions which can be developed in South-East Asia, which is at the heart of the Group’s international strategy : renewable generation, energy efficiency, smart city”.

Marianne Laigneau, EDF Group Senior Executive Vice President (VP) in charge of international division, declared, “the inauguration of MASERA illustrates both the technological know-how of EDF, its ability to match the specific demands of its customers and its willingness to develop its footprint in Asia which is at the heart of its international strategy”.

EDF intends to become Europe’s leading e-mobility energy company by 2022.

Publish on 15/10/2018

The EDF Group is launching its Plan Mobilité Electrique (Electric Mobility Plan) in order to become the sector’s leading energy company on its four biggest European markets: France, UK, Italy and Belgium. After launching the Plan Solaire (Solar Plan) in December 2017 and the Plan Stockage Electrique (Electricity Storage Plan) in March 2018, this third plan in support of the energy transition confirms the Group’s leading role in the generation of CO2-free power and the development of new electricity applications.

Electric mobility will be experiencing sustained growth in the coming years. The transportation sector is the biggest contributor to greenhouse-gas emissions in Europe1 and, in view of these facts, low-carbon electricity is the future’s solution for clean transportation. With an energy mix of which 87% is CO2-free, the EDF Group has a major role to play.

In France, EDF is already a standard-bearer in the electric mobility sector. The Group has put together dedicated offerings that include the supply of low-carbon electricity and charging solutions2. It is also one of the biggest charging network operators thanks to its subsidiary Sodetrel, which operates 5 000 charging points in France and provides access to 60 000 charging points in Europe for customers with a Sodetrel Pass.

With the Electric Mobility Plan, EDF is stepping up the pace by setting concrete targets on its four main European markets.

Becoming the leading power supplier for electric vehicles by 2022
EDF is aiming to supplying power for 600 000 electric vehicles, equating to 30% of market share in France, the UK, Italy and Belgium. Starting in 2019, the Group will present each of these markets with a fully integrated range of offerings including low carbon electricity, a charging solution for all its customers with access to a parking space, and services geared towards optimised charging and use of the vehicle’s battery.

Becoming the biggest charging network operator
EDF will become the leading public and private charging network operator in the four core European countries. Through its subsidiary Sodetrel, the Group is aiming to deploy 75 000 charging points and provide its customers in Europe with access to 250 000 interoperable terminals by 2022. EDF will also be developing novel charging solutions for all customers without access to a parking space, in particular through collaborative innovation initiated by EDF New Business and EDF R&D.

Becoming Europe’s "smart charging" leader
Electric mobility will transform power systems as the electric vehicle is also a battery that can be used for the grids to balance load during periods of high demand. With it’s the Electric Mobility Plan, the Group will become Europe’s smart charging leader, aiming to operate 4 000 smart charging points by 2020.

Jean-Bernard Lévy, EDF Chairman and Chief Executive Officer: "Already a standard-bearer and pioneer of electric mobility, the EDF Group is stepping up the pace with its Plan Mobilité Electrique. Thanks to its low-carbon energy mix, EDF will substantially contribute to the fight against global warming by supporting municipalities, businesses and residential customers with the development of clean mobility everywhere and for everyone. In order to achieve this goal, EDF is building an ecosystem of innovative players by forming strategic partnerships for the large-scale roll-out of the best technologies to support our customers."

The Plan Mobilité Electrique relies on new partnerships with innovative players who are leaders in their respective markets. The first series of partnerships has been formed between:

EDF and NUVVE: EDF Renewables North America holds a minority interest in NUVVE, a Californian start-up based in San Diego specialising in the aggregation and harnessing of flexible solutions for energy markets, associated with the charging of electric vehicles. EDF and NUVVE have signed a strategic partnership agreement with a view to forming a joint venture to develop these solutions in Europe.

EDF and Ubitricity: EDF and German-based start-up Ubitricity have been commercial and technological partners since 2014. Ubitricity has developed an innovative solution to convert existing streetlights into charging points and delivered several projects in Europe and across the world. Citelum (100% affiliate of EDF Group) and Ubitricity are partnering to integrate this innovative solution to Citelum’s “smart city” range of product.

EDF and Renault have formed a partnership to develop shared offerings and to experiment electric mobility solutions in isolated regions and big cities.

EDF and Toyota have been electric mobility partners with a focus on R&D since 2007 and have extended this partnership to low-carbon industrial performance on the Onnaing site in Valenciennes since 2017. The expertise of both EDF and Toyota is now opening the way to new cooperative endeavours in the areas of smart charging and hydrogen charging station specifications.

EDF and Valeo: EDF, the low carbon energies champion and Valeo, the leader in high and medium voltage electrification, have formed a partnership to monitor the development of future battery technologies and charging solutions, as well as the development of mobility services. This partnership will be supported by the installation of shared demonstrators.

EDF Energy (100% subsidiary of the EDF Group) and Nissan International have formed a UK-based partnership for the development of shared offerings in the areas of electric mobility, smart charging, second-life battery use, energy storage and renewable energy sources. The two partners will be pooling their international experience and know-how in these areas, thereby helping to develop low-carbon, innovative and responsible transportation systems.

Taishan 1, world’s first EPR connected to the grid

Publish on 10/07/2018

On the 29th of June at 17:59 local time, Taishan 1 reactor located in China became the first EPR* reactor in the world to be successfully connected to the grid.

Taishan is the largest cooperative energy project between China and France. It is operated by TNPJVC, a joint venture established between CGN (51%), EDF (30%) and the provincial Chinese electricity company Yuedian (19%). The construction of Taishan 1 began in 2009, whilst that of Taishan 2 began in 2010. These two units were respectively the third and fourth EPR reactors to have started being built worldwide.

On the 10th of April, following the completion of preparatory work and testing phases, China’s Ministry of Ecology and Environment granted Taishan 1 permission to load the reactor with fuel. Fuelling operations commenced on the very same day. The first chain reaction in reactor no. 1 took place on the 6th of June and on the 29th of June, main-generator and grid-connection tests were successfully completed.

Following the unit’s first connection to the grid, the reactor will undergo a period of gradual power-up tests. Once the reactor has passed all these tests, it will then be tested in steady-state conditions at full power. Since the start of construction, the Taishan project has aligned itself with the highest safety and quality standards, which have been monitored throughout its duration.

A number of factors contributed to Taishan 1 being the world’s first EPR to go on line: it has benefited from a longstanding strategic partnership between EDF and CGN, from both partners’ experience in the construction and operation of nuclear power plants, and from the support of leading players in both countries’ nuclear sectors. During the initial stage of the project, Taishan also benefited from the experience of the two European EPR projects (Flamanville and Olkiluoto), which had started being built earlier on.

The EPR design adopted by Taishan nuclear power plant features third-generation nuclear technology, jointly developed by EDF and Framatome. This technology incorporates operating experience and technological improvements spanning the past 40 years of Pressurised Water Reactor operation around the world.

As the world’s leading EPR project, Taishan epitomises the strength of the nuclear partnership between France and China, whilst at the same time providing reactors of similar design around the world with valuable experience in the areas of project management and technological expertise.

*European Pressurised Reactor

The EDF Group has inaugurated two ground breaking energy transition projects in the United Kingdom: the off-shore wind farm in Blyth and the battery storage facility in West Burton

Publish on 10/07/2018

On Friday 22 June 2018, Jean-Bernard Lévy, the EDF Group Chairman and Chief Executive Officer, Bruno Bensasson, the Group Executive Vice-President in charge of Renewable Energies and Simone Rossi, EDF Energy Chief Executive Officer officially opened two ground breaking projects in the United Kingdom: the Blyth off-shore wind farm and the West Burton B battery storage facility.

Blyth off-shore wind farm

Located off the Northumberland coast, the Blyth off-shore wind farm is composed of five turbines with total generation capacity of 41.5 MW. Several innovations have been built in to contribute to enhanced competitiveness of off-shore wind power.

Blyth is the first off-shore wind farm to use float and submerge technology. The wind turbines are supported with gravity-based foundations transported by floating, which reduces the installation costs. The 8.3 MW turbines are amongst the most powerful of their type to be used offshore. A dedicated operations and maintenance team with 9 members has been set up at the Port of Blyth.

The EDF Group, in the form of EDF Renewables in the UK, already operates the 62 MW Teesside off-shore wind farm located around 80 km to the south of the new Blyth facility. In May, the Group acquired the 450 MW Neart Na Gaoithe off-shore wind project off the east coast of Scotland and has been granted all the administrative permits.

West Burton B battery storage facility

The 49 MW battery storage facility located at West Burton B power station is the largest project in the new frequency control system which will be deployed across the UK to improve stability of the national grid.
Against the backdrop of extensive development of renewable energy generation and the closure of ageing power plants, battery storage technology supports stability of the grid and can be used for rapid response to fluctuations in grid frequency.

Jean-Bernard Lévy, the EDF Group Chairman and CEO stated: These two innovative projects demonstrate our expertise in renewable energies and electricity storage. They contribute greatly to decarbonisation of the energy mix in the UK, our second largest market after France. They are both consistent with our CAP 2030 strategy, which aims to double EDF Group renewable energy generation by the year 2030 and our Electricity Storage Plan with the installation of 10 GW of new storage facilities supporting the electricity systems by the year 2035.

Simone Rossi, EDF Energy Chief Executive Officer stated: These projects show how EDF is investing in new technologies to promote the development of renewable energies in the UK. At Blyth, we have used innovation to drive down the cost of off-shore wind power and at West Burton B we are setting up infrastructures, which will guarantee viability of a system increasingly focused on low carbon energy. Both projects demonstrate our commitment to providing UK consumers with reliable, affordable, low carbon energy from a range of technologies mainly based on renewable energies, batteries and nuclear power.

Bruno Bensasson, Group Executive Vice-President in charge of Renewable Energies added: I am delighted to inaugurate these innovative projects. They demonstrate that EDF Group plays a significant role in the shaping of renewable energies and is able to offer reliable solutions for global expansion. The fast-track construction at Blyth highlights robustness of EDF Group expertise in off-shore wind power that we intend to further develop on the UK market, as well as in France and beyond.

EDF Group, your territorial partner

EDF Energy, a subsidiary of the EDF Group, is already a major employer in both the North-East and in Nottinghamshire, at nuclear and fossil-fuel power plants as well as at customer service centres. The projects inaugurated today bolster EDF Group presence in these two regions. Hartlepool nuclear power station employs more than 600 persons and the call centre at Doxford Park employs 1100 people, while the EDF Renewables office just outside Durham has 100 employees. In Nottinghamshire, West Burton B CCGT power station (1332 MW) is adjacent to West Burton A coal-fired power station (2000 MW) and close to Cottam coal-fired power station (2000 MW). These plants employ a total of more than 500 persons.

The Vietnamese government confirms the EDF Group’s position as leader of the consortium in charge of the studies for the building of a 2000-MW combined-cycle power plant at Son My

Publish on 02/04/2018

On 27th March 2018, during an official visit to France by the General Secretary of Vietnam’s Communist Party, Nguyen Phu Trong, the Vietnamese Minister of Industry and Trade, Tran Tuan Anh, confirmed the Vietnamese government’s decision to appoint the EDF Group as leader of the international consortium in charge of a gas-fired plant construction project at Son My in Vietnam.

With an installed capacity of 2000 MW, the Son My 1 project, which uses Combined Cycle Gas Turbine technology, is due to be commissioned by 2023/2024, with a view to meeting the strong and growing demand for electrical power in the south of Vietnam.

The Group (37.5%) is leading the consortium in charge of the project’s studies, together with one Vietnamese partner (Pacific Corporation, 25%) and two Japanese partners (Sojitz 18.75% and Kyushu 18.75%).

EDF is already active in Vietnam via its Mekong Energy Company subsidiary (56.25%). The company operates the Phu My 2.2 facility, which comprises two combined-cycle plants with a total capacity of 715 MW.

Marianne Laigneau, Senior Executive Vice-President in charge of the International Division: "The Vietnamese government’s decision marks a decisive step in the development of plans to build a gas power plant at Son My in Vietnam. It boosts our confidence in the subsequent stages of this project, which is essential to meeting the country’s growing energy needs. The project is fully aligned with Vietnam’s energy transition. Our involvement in this country, which is already significant in the gas-fired power sector, is in line with our CAP 2030 strategy, which seeks to multiply the Group’s international business by three come 2030".

EDF and TATA signed agreement on Smart Grid & mobility

Publish on 08/03/2018



A Memorandum of Understanding (MoU) has been signed between TATA Power Delhi Distribution (TPDDL) and EDF on Feb 27, 2018 in New Delhi. Marianne LAIGNEAU, EDF Group Senior Executive Vice President in charge of the International division, signed this MoU with Praveer SINHA, CEO of TPDDL. The agreement is an intent and willingness of both companies to jointly work on the areas of (i) smart lighting management, (ii) smart poles, electric vehicle charging infrastructure and other innovative smart grid solutions. As next step, teams from both companies will meet to define a possible business model to jointly work on the coming business tenders on Smart grid in India. The discussions would also define the responsibility matrix and scope of each company to respond to the tenders. Some pilot projects could be jointly executed in innovative & smart grid technologies.
Back to top