ANNUAL RESULTS 2020
Strategy and
investments
ESG
Renewables
Regulated
France - Generation and
supply
Consolidated sales
Operational data and markets
ISLAND ACTIVITIES (1): SPECIFIC REGULATION AND OPERATIONAL
PERFORMANCE SUPPORTING STABLE REVENUES
MAJOR ASSETS
AT THE HEART OF THE
TERRITORIES
c.3,500
employees
1.2 million
customers
38,234 km
of grid
5,659 GWh
of generation
REGULATED ASSETS,
OPERATED
EFFICIENTLY,
GENERATING A STABLE
EBITDA
Generation assets: 11% remuneration for assets commissioned
between 2006 and April 2020 (7.25% before) / between 7% and
12% thereafter (decision expected in Q2 2021)
Networks: (FPE (3))
6.4% return on regulated equity (€0.7bn)
-
2.5% remuneration on the RAB (€2.5bn)
EDF PEI availability rate as a %
Normalised EBITDA *
96.3
95.2
96.2
96.3
Range of €780M / year
**
A CONTRIBUTION TO
THE ENERGY
TRANSITION IN ZNI (2)
2017
2018
2019
2020
* Restated for the effect of the regularisation
account (4)
** o/w about a third related to grid activity, and
excluding regularisation account
Smart meter programme: install and operate 1.2 million smart meters by end 2024. Around 400k smart meters were already installed and
operated by the end of 2020: roll-out on schedule.
Energy efficiency: sustainable energy-saving measures (insulation, solar water heaters, etc.) with a 2% reduction in consumption in 2019, for
example.
Decarbonation: integration of renewable energy sources, development and operation of ~30 smart grids, electrification programme in isolated
areas. Conversion to liquid biomass of the power plants operating in Port Est, Pointe Jarry and Bellefontaine, as well as the future Larivot
plant.
(1) French island electrical activities include Corsica, Martinique, Guadeloupe, French
Guiana, Réunion and Saint Pierre and Miquelon
EDF
ANNUAL RESULTS 2020
(2) ZNI = non-interconnected zones
(3) FPE: Electricity Equalization Fund [Fonds de Péréquation de l'Electricité], current
four-year period from the beginning of 2018 to the end of 2021
(4) CRCP of the FPE
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