IZI by EDF was launched in February 2019. It is EDF’s brand that provides services other than energy in France for residential customers and very small businesses, irrespective of whether they are EDF customers, to support their facilities and energy transition.
In 2020, IZI by EDF released a full-service offering for sustainable homes and electric mobility:
In 2021, IZI by EDF continued to expand its range of solutions by offering exterior wall insulation, air-to-air heat pumps, services to bring electric installations up to standard and the complete exterior refurbishment of housing. This expanded range of solutions led to IZI by EDF doubling its turnover compared to 2020 and generated a threefold increase of its sales of air-to-water heat pumps and domestic charging points for electric vehicles.
Through IZI by EDF, EDF can act as a general and lead contractor for its customers. It assumes liability, guarantees successful services and issues the ten-year warranty itself. It thus makes serious commitments to the quality of work and customer relations, with the support of carefully selected and qualified contractors.
IZI by EDF also provides services from EDF group’s specialist subsidiaries (Cham and IZIVIA) and certain other strategic partners (1).
In the summer of 2019, EDF group created the Local Energy Management (LEM) entity to speed up the development of innovative offers relating to decentralised energy management. LEM provides coordination for companies that are expanding through intrapreneurship or acquisition-based growth, including Agregio, Dreev, e2m, PowerShift, and Store & Forecast, in a range of business lines:
A wholly-owned subsidiary of EDF, Agregio is an aggregator directed at three types of customer: producers of renewable electricity (wind and solar power, etc.), electricity consumers (industries, companies, etc.) and managers of storage facilities. For electricity producers, Agregio offers tailored solutions to optimise and sell/deliver their production, capacity and origin guarantees, on the electricity markets or to consumers, thereby securing their long-term revenues. Agregio is also aimed at industrial and tertiary consumers who are willing to load shed or modulate their consumption in exchange for compensation, according to the needs of the electricity system. Agregio also optimises storage systems.
Energy2market (e2m), is a company specialising in the aggregation of renewable production and local flexibilities. It manages and operates over 5,000 smart, decentralised energy production and flexibility sites (wind farms, solar farms, cogeneration sites, biomass plants, storage batteries, etc.), which represent a total installed capacity of over 4GW.
At the end of 2021, EDF group was one of the European leaders on these new markets, with a portfolio of 9GW of decentralised assets.
In Europe, the EDF group uses approximately 270TWh of gas. Its gas strategy aims to ensure the security of gas supply for its more than 5.99 million customers (2), its cogeneration plants and its gas power plants.
Thus, EDF group is present on the natural gas market in France and across Europe, mainly through Edison, EDF Energy, and Luminus. Since August 2017, Edison has become EDF group’s gas platform under a service agreement to manage assets and develop its upstream business (see section 1.4.5.2.2 “Edison strategy”).
It also relies on EDF Trading for its short-term operations relating to transactions on the continental and United Kingdom wholesale markets, and on Dalkia (for cogeneration plants).
The optimisation of EDF’s LNG asset portfolio flexibility is managed by JERA Global Markets, a joint venture between EDF Trading Limited (33.33%) and JERA Trading International Pte (66.67%).
Lastly, the Group is present outside Europe, especially in the United States, where EDF Energy Services is an important natural gas supplier of major industrial customers and distributors.
In Europe, on 31 December 2021, the downstream customer portfolios were as follows:
In Europe, the Group’s gas and LNG supply comes from short- and medium-term gas markets and from a diversified portfolio of short-term and long-term contracts, originating from Qatar, Russia, the United States, the North Sea, North Africa and Azerbaijan.
In the United States, the majority of the supplies originate from the gas markets.
In the rest of the world, specific contracts have been signed to ensure the supply of the Group’s gas power plants.
With the aim of maintaining its position on the end market, the Group optimises and diversifies its portfolio of medium and long-term sources of gas. For LNG, EDF has entered into medium and long-term contracts, primarily with the goal of enhancing the regasification capacity of the Dunkirk LNG terminal.
Furthermore, in 2021, Edison started importing one billion cubic metres of gas per year from Azerbaijan under a long-term contract (see section 1.4.5.2.3.2 “Gas business”).
(1) Arval, AXA and Homiris.
(2) Customers are broken down by number of delivery points at end 2021.
(3) Excluding Northern Ireland.
