Universal Registration Document 2022

Introduction

Luminus also operates in renewable energy. The company operates seven hydropower plants. At year-end 2022, Luminus owned 92 onshore wind farms with a total of 270 turbines across Wallonia and Flanders. Since the end of 2015, the company has been the leader in onshore wind farms in Belgium and had an installed capacity of 705MW at the end of 2022. In 2022, Luminus erected 15 wind turbines for a total capacity of 47MW.

Under its “Luminus” brand, EDF supplies electricity and gas to around 2.2 million residential and business customers(1) in Belgium. In May 2021, Essent Belgium was acquired by Luminus to increase the size of the portfolio, a key investment that enables Luminus to strengthen its number two position in the electricity and gas supply business.

The company is involved in the energy services segment for residential customers through its subsidiaries Rami Services, Dauvister, and Insaver, mainly by providing boiler installation and maintenance, installing solar panels, and providing “Home Assistance” services in the event of unexpected damage at home. At the end of 2022, the B2C portfolio for these last three services exceeded 170,000 contracts thanks to bundle sales(2) through the Luminus website.

Luminus, together with its partners(3), offers comprehensive integrated electricity and heating solutions to its industrial customers. Its subsidiary Luminus Solutions (in which Luminus and Dalkia own a 51% and 49% stake respectively) provides energy efficiency services for administrative buildings, hospitals, schools, sports facilities, swimming pools and apartment complexes on the basis of an energy performance contract.

In 2022, Luminus maintained its expansion strategy around two axes:

  • on the one hand, electric mobility, through the acquisition in 2021 of a stake in Powerdale;
  • the strengthening of regional units centred on its subsidiaries ATS (for the north of the country) and Luminus Services (for the south of the country).

In addition, following the restructuring of the Citelum Group, Luminus took over the activities of Citelum Belgium under the name Luminus Cities. The company continued the renovation work on the LED lights on Wallonia’s motorway network, which began in 2020. Luminus also reorganised its subsidiaries, transferring the management of Aralt (acquired at the same time as Essent) to Insaver (the photovoltaic subsidiary of ATS).

The 20-year PPP agreement for the design, modernisation, funding, management, and maintenance of 100,000 lights was awarded to the LuWa consortium (comprising Citelum (lead contractor), Luminus, CFE, and DIF) in 2019. It is expected to achieve energy savings of 76% by the end of the construction period (September 2023). In total, the operation will avoid the equivalent of 166,000 tonnes of CO2 emissions between 2020 and 2040.

The Netherlands

Thanks to its strong technical performance and first in Europe to receive the “big five” certifications, the 870MW Sloe CCGT plant in the southwest of the Netherlands was included in the Group’s asset disposal programme. On 25 January 2023, EDF announced the sale of its stake(4) in the plant to EPH, the Czech power producer and electric grid operator.

Germany

EDF has had operations in Germany for over 25  years. With around 3,800 employees and over 100 researchers, the EDF group engages in a large number of activities in Germany. It is active, in particular, in the fields of renewable energy, low-carbon hydrogen, batteries and energy services. EDF offers sustainable business models and innovative energy solutions, calling on the expertise and knowhow of its subsidiaries. EDF supports and contributes to the energy transition in Germany, which draws extensively on decarbonisation solutions, sector coupling, flexibility and energy efficiency.

EDF group entities operating in Germany
  • EDF Deutschland GmbH, a wholly-owned subsidiary of EDF International SAS based in Berlin, is in charge of the Group’s activities in Germany. It focuses on the promotion and development of the Group’s business, in particular new business models for energy and innovative solutions to support energy transition in Germany (Energiewende). EDF Deutschland also represents the Group in leading German political and economic circles.
  • In 2020 Hynamics, a subsidiary in the Group in charge of putting forward an effective low-carbon hydrogen offering for industry and mobility, set up its German subsidiary, Hynamics Deutschland GmbH. It is involved, in particular, in the Westküste100  project. This consists in hydrogen production from renewable energy using the installation of a 30MW electrolyser for the Heide refinery. A proposal for a 500MW extension to decarbonise several industries in the region has been selected for funding by the German government, subject to approval by the European Commission. In addition, Hynamics Deutschland is developing a number of industrial hydrogen use projects, with a total of over 1GW of electrolysis capacity in the future.
  • EDF Renewables had 176MW of gross installed onshore wind power capacity as of 31 December 2022, and operated 329MW of onshore wind power capacity. EDF Renewables offers battery storage and solar electricity sales (onsite PPAs) for industrial and commercial sites in Germany only. This subsidiary owns and operates 2,000kW of electricity storage systems, divided between three industrial sites. It has five new sites under construction with a total capacity of 5,100kW.
  • The EDF group owns 100% of the share capital of the German company Energy2market (e2m), specialising in the aggregation of renewable production and local flexibility (see section 1.4.6.1.4 “Other service activities of the EDF group”).
  • EDF Energiewende & Neue Ressourcen GmbH is a wholly owned subsidiary of the EDF group with headquarters in Berlin and operations throughout Germany. Its business model is the supply, maintenance and supervision of energy management and optimisation products and services for commercial and industrial companies, public services and renewable energy development companies.
  • Based in Erlangen (Bavaria), Framatome Gmbh has 3,000 employees, making the subsidiary Framatome’s second largest engineering concern. Its main business is maintaining, prolonging and upgrading nuclear plants all over the world (especially Instrumentation & Control systems). It is also involved in the building of EPRs in France, Finland, China and the United Kingdom. Framatome is active in electricity and hydrogen storage in Germany. Framatome’s other German subsidiary, Advanced Nuclear Fuels  GmbH (ANF), makes fuel assemblies for PWRs (pressurised water reactors) and BWRs (boiling water reactors) in Germany and Western Europe and has 440 employees in Lingen (head office) and Karlstein.
  • Metroscope, a subsidiary of EDF Pulse Holding develops AI for industrial asset MOC. Based in Berlin, the company seeks to improve the performance of German electricity generation plants. It has equipped 67 nuclear and gas power plants in five countries.
  • EDF Trading is the wholesale trading branch for the entire EDF group. It operates in Germany in the electricity, gas, CO2 and green certificate markets. It is also active in the green energy markets for short-, medium- and long-term products and PPAs.
  • EIFER (Europäisches Institut für Energieforschung EDF-KIT EWIV), a Franco-German energy research institute, was founded by EDF and KIT in 2002. It aims to strengthen collaboration through joint projects focusing on industrial issues. EIFER offers innovative low-carbon energy solutions to support the sustainable development of cities, local communities and industries. EIFER, a research centre which reports to EDF’s R&D Department, is based in Karlsruhe and has more than 100 employees.
Main interests
  • EDF Deutschland holds a 25% stake in Hypion  GmbH, a company that originates and develops hydrogen-related projects in the north of Germany.
  • EDF Pulse Holding has a minority stake in McPhy, manufacturer and integrator of hydrogen-based energy storage equipment.
  • The Group owns 50% of a run-of-river hydropower plant located in Iffezheim on the Rhine River (148MW, 5 turbines).
  • The EDF group also has storage for natural gas in salt cavities located in Etzel in Lower Saxony. The aboveground facilities are operated through a 50/50 joint venture with EnBW (see section 1.4.6.2.2 “Gas assets and projects”). Through its subsidiary EDF Gas Deutschland, EDF also holds a 16% stake in BEP gas pipeline (Bunde-Etzel-Pipelinegesellschaft).

(1) In delivery points.

(2) Bundled offers.

(3) With ATS, Vanparijs, Dauvister and Newelec.

(4) See the EDF press release of 27 January 2023 “EDF announces the completion of the sale of its interest in the 870MW Sloe CCGT in the Netherlands”