Business model

1. The Group, its strategy and activities

Business model

Assets and resources 2019

Customer proximity

  • 33.6 million customers in electricity and 5.3 million customers in gas(1)
  • Leading brands : EDF, Edison, Luminus, Dalkia
  • 47 million customer visits on digital consumption monitoring platforms(2)

A human ambition

  • 165,000 employees(3)
  • 80 % of employees attended a training during the year(3)

An ambitious innovative ecosystem

  • EDF Pulse Croissance, a structure dedicated to incubation and support for start-ups, with financing capacity of some €60M in 2019
  • More than 2,700 R&D employees(4)
  • R&D consolidated budget of €713 in 2019

Major industrial assets

  • 122.3GW of electricity generation capacity(3)
  • An integrated nuclear industry
  • EPR technology
  • A 33GW pipeline of renewable wind and solar projects(3)
  • 1.4 million km of distribution network(5)
  • 26 million smart meters installed(3)
  • 340 heating and cooling networks operated by Dalkia


A solid financial base

  • Total consolidated balance sheet :
     ~ €300 billion
  • No. 1 investor among European utilities (€14bn in 2019)

A strong CSR commitment

  • A rating CDP Climate Change
  • No. 2
  • Nearly €10bn of green & sustainable funding

(1) Consolidated scope. Counted per site.
(2) EDF SA scope excluding French overseas departments and Corsica.
(3) Group scope.
(4) FTEs (full-time equivalent) at Group level.
(5) Enedis distribution network under concession.


Business model

« Raison d’être » of EDF(1)

To build a net zero energy future with electricity and innovative solutions and services, to help save the plate and drive wellbeing and economic development.


CAP 2030

Three strategic priorities :

Customer proximity

Creating new decentralised competitive solutions, new customised energy services and smart grids

International development

Expanding into new territories by developing our low-carbon solutions in growing countries, while strengthening our position in Europe

Low-carbon production

Rebalancing the production mix by accelerating the development of renewable energies and guaranteeing the safety and performance of existing and new nuclear power

Supported by :

A programme of TRANSFORMATION and industrial, financial and human Performances 

And the implementation of 3 plans:

SOLAR PLAN

30% market share in the French solar photovoltaic market by 2035

ELECTRICITY STORAGE 
PLAN

+ 10GW of capacity 
worldwide by 2035

ELECTRIC 
MOBILITY PLAN

30 % market share(2) on the supply of electric vehicles and a major operator of recharging infrastructures


CSR performance at the heart of our businesses, with 6 targets:

Climate Change

Human Development

Energy precariousness

Energy effciency  

Dialogue and consultation

Biodiversity

(1) Subject to shareholder approval at the General Meeting of 7 May 2020.
(2) in France, the United Kingdom, Italy and Belgium.