E D F : EDF's Board of Directors considered the strategic plan related to the first period of the French multiannual energy program (PPE)
April 06, 2017 at 02:00 pm EDT
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EDF's Board of Directors, meeting today, considered the draft strategic plan, set out in the Energy Code, which presents the actions that the company undertakes to implement in order to comply with security of supply and diversification of electricity production targets set in the first period of the multiannual energy program (PPE: Programmation Pluriannuelle de l'Energie) covering 2016-2018 period. In accordance with the Energy Code, the Board of Directors approved its submission to the Minister for Energy.
In this plan, EDF explains the main actions it is deploying in France over the 2016-2018 period. The group's low-carbon strategy, which is based on three pillars of nuclear energy, renewable energies and energy efficiency services, is in line with the PPE expectations. These actions concern:
nuclear: during this period, the French nuclear fleet will evolve with the commissioning of Flamanville 3 and the concomitant closure of Fessenheim; the investment program of the Grand Carénage will continue to be deployed progressively on the existing fleet and EDF will prepare the necessary actions for future nuclear competitiveness;
fossil-fired plants, which play an essential role in security of supply: the period is marked by the shutdown of plants operating on fuel oil;
renewable energies: some of the existing hydro assets will be modernized; regarding new renewable energies, EDF will accelerate its development and expand its range of solutions deployed, from on-shore wind to off-shore wind, from tidal turbines to biomass cogeneration and geothermal energy;
finally, on energy efficiency services: a specific effort will be made to deploy digital services to all customer segments and on solutions offered to territories and local authorities.
EDF - Électricité de France SA published this content on 06 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 April 2017 17:59:14 UTC.
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Electricite de France SA (EDF SA) is a France-based electricity producer, marketer and distributor. The Company generates energy using nuclear technology, as well as thermal, hydroelectric and other renewable sources. It is involved in energy generation and energy sales to industries, local authorities and residential consumers. In addition, EDF SA manages low and medium-voltage public distribution network and involves in electricity transmission network. It also provides energy services, such as district heating and thermal energy services. The group is present in France, Belgium, the United States, Poland, Italy, China, Vietnam and other countries worldwide. The Company has such subsidiaries Dalkia (including Citelum), under Dalkia's brand and SINOP Energy Company, among others.
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