2020 Group Half-Year Results
Group Half-Year Results presentation - 30 july 2020
2019 was marked by the development and achievement of major international hydraulic projects.
Motivated by the fact that electricity is essential for sustainable economic development and progress, wherever it operates, the EDF group is developing innovative solutions, which make the production of clean energy possible and guarantee access to electricity for all.
In response to the demographic challenges of urbanization and global warming, EDF is taking action as a leader in the energy transition by exporting its know-how in nuclear, renewable energies and energy services. By 2030, the Group aims to triple its global activity. Overview of emblematic projects.
Today, 75% of the African continent’s population still does not have access to energy. In Africa, the EDF Group markets innovative decentralised electricity generation solutions (known as ‘off-grid’ solutions), enabling isolated rural populations to have access to electricity. Thanks to these solutions, several thousand people in South Africa, Ivory Coast, Ghana, Senegal and Togo now have light and can power energy-efficient domestic appliances, such as televisions or radios included in the offer, and recharge their mobile phones. In Kenya, our customers can buy agricultural solar pumps to significantly improve crop yields.
With an installed capacity of 420 MW, Nachtigal will be the largest hydroelectric dam in Cameroon. Construction, which began in February 2019, is under way. When commissioned in 2023, it will supply 30% of the country's energy needs. The cornerstone of the energy transition process in Cameroon, Nachtigal will also have significant local economic benefits and meet the highest standards in terms of social and environmental responsibility. By signing an exclusivity agreement in November 2019 for the development of a new hydroelectric dam located on the Kikot site, EDF entered into a long-term partnership with Cameroon.Discover the Nachtigal dam
In 2018, the world's first EPR reactor was commissioned in Taishan and was joined just nine months later by reactor number 2. The Taishan nuclear power station, comprising two 1,750 MW EPR reactors, is the largest Sino-French cooperation project in the energy sector. It is able to supply the Chinese power grid with up to 24 TWh of carbon-free electricity, equivalent to the annual consumption of five million people in China, while avoiding the emission of around 21 million tonnes of CO2 per year.
In September 2019, the Abu Dhabi Future Energy Company (Masdar) and EDF signed an agreement with a view to create a joint venture dedicated to energy services. Its purpose is to explore development opportunities in non-utility scale renewables and energy-efficient investments. This agreement strengthens ties between Masdar and EDF, which are already partners in phase three of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai [hypertext link to the new page ‘Tomorrow’s solar energy’, the last strate before the bounces], in the Dumat Al Jandal wind farm in Saudi Arabia and in the Noor Midelt 1 solar plant in Morocco.