See section 3.2.4.3.3 “Optimisation of internal consumption”.
See section 3.1.4.3.6 “Decarbonisation solutions for transport”.
See section 3.2.4.3.3 “Optimisation of internal consumption”.
To achieve the low-carbon power production goals it has set itself (see section 3.1.1.1 “Group commitments and policy”), the EDF group is implementing an action plan in with line its CAP 2030 strategy (1). This action plan is coordinated by the EDF group Carbon Neutrality Strategy project (see the description of climate governance in section 3.1.3.1 “Governance bodies”).
| EDF, Europe’s biggest investor in low-carbon energy |
|
The EDF group is investing massively to prepare for the future and build a CO2-neutral energy future. The Group’s electricity generation mix in 2021 was 78.2% nuclear, 8.8% hydro, 4.0% other renewable energies, 7.3% gas, 1.0% fuel oil and 0.7% coal (2) (see section 1.1 “Key figures”) |
By 2030, and in line with the CAP 2030 projects, the main actions enabling the EDF group to achieve its targets relating to decarbonised generation are as follows:
| ROADMAP FOR INCREASING THE EDF GROUP’S LOW-CARBON POWER PRODUCTION | ||
|---|---|---|
| Topics | Actions | URD Sections |
| Grand carénage programme | Grand Carénage programme to extend operation of the French nuclear fleet beyond 40 years | 3.1.1.4.2 |
| EPR | Commissioning of 5 EPRs by 2030 (FA3, HPC and TSH), commitment to new EPR2 and SMR reactors | 3.1.1.4.3 |
| Development of renewable energies | Doubling installed renewable energy capacity (including hydropower) between 2015 and 2030 to achieve 60GW net by 2030 | 3.1.1.4.4 |
| Management of intermittence and flexibility | Development of electricity storage to improve system flexibility and manage the intermittence of non-controllable renewable energies | 3.1.4.1.5 |
The Group is by far the biggest investor in the energy transition in Europe, accounting on its own for more than 25% of industrial investments in the electrical sector (3).
In 2021, nearly 94% of Group investments were in line with the Group’s net-zero trajectory (94% in 2020), with 50% of investments concerning the nuclear sector (51% in 2020). 40% of the Group's investments are aligned with the European sustainable taxonomy in effect since 31 December 2021 (43% at 31 December 2020 applying the method based on the March 2020 TEG). This notably covered investments in networks, renewable energy production (hydropower, solar power, wind power) and certain energy services (see note 20.4 to the 2021 consolidated statements and section 3.8.3 “Details on the taxonomy”).
See section 1.4.1.1.2.1 “EDF’s nuclear fleet in France and its operation”.
See section 1.4.1.1.3 “New Nuclear projects”.
The EDF group is today the biggest renewable energy producer in Europe (4), with global production in 2021 of 67.1TWh of electricity and 7.3TWh of renewable heat through hydroelectricity, wind turbines, photovoltaic solar power and other renewable energies.
In accordance with its CAP 2030 strategy, it set itself the goal of more than doubling its installed net renewable capacity between 2014 and 2030, increasing it to 60GWe by 2030. In 2021, the Group’s net installed renewable capacity was 34.8GWe.
| 2030 Targets | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Net installed renewable capacity (in GWe) |
Net installed renewable capacity (in GWe)2030 Targets60 |
Net installed renewable capacity (in GWe)2019 32 |
Net installed renewable capacity (in GWe)2020 33 |
Net installed renewable capacity (in GWe)2021 35 |
The EDF group was ranked as one of the top 10 “green” companies in the world and one of the five most dynamic European companies in terms of renewable energy development (5) (see in particular section 1.4.1.3.3 “EDF Renewables activities”).
(1) See section 1.3. “Group strategy”.
(2) In consolidated data.
(3) 7th European energy company financial ratings “Watt’s Next Conseil”, June 2021 (wattsnext.fr/).
(4) Climate Change and Electricity, European carbon factor, Benchmarking of CO2 emissions by Europe’s largest electricity utilities, PWC, October 2021.
(5) Energy Intelligence, Green utilities report, 2019 (www.energyintel.com/|).
