20
Mon, May

| Source: Terrestrial Energy Inc.

OAKVILLE, Ontario, May 15, 2019 (GLOBE NEWSWIRE) -- Terrestrial Energy today announced the addition of Ontario Power Generation to its Nuclear Innovation Working Group. The working group is advising Terrestrial Energy during Phase 2 of its Vendor Design Review program, which is currently in progress, and on the development and deployment of its Integral Molten Salt Reactor (IMSR) power plant. The group consists of many leading members of the Canadian and international nuclear supply chain and industry.

The expanded group now consists of the following companies and their representatives:

  • Ontario Power Generation, Dominique Minière, President of Nuclear
  • Bruce Power, Michael Rencheck, President and CEO
  • Burns & McDonnell, Glenn Neises, Nuclear Director
  • SNC-Lavalin, EVP and Candu Energy, President and CEO, William (Bill) A. Fox III
  • Corporate Risk Associates Limited, Jasbir Sidhu, CEO
  • Kinectrics, David Harris, President and CEO
  • Laker Energy Products, Christopher Hughes, President and CEO
  • Promation, Mark Zimny, President and CEO
  • Sargent & Lundy, Michael J. Knaszak, Senior Vice President and Project Director

“We are pleased to welcome Dominique Minière and Ontario Power Generation to the Nuclear Innovation Working Group. Ontario Power Generation has decades of experience of safe and efficient nuclear power plant operation. It is an industry pioneer and is focused today on the future of nuclear power provision,” said Simon Irish, CEO of Terrestrial Energy. “Their expertise brings market-proven capabilities to our engineering, regulatory and testing programs.”

“OPG is looking to the future of nuclear generation including the transformative capabilities of Generation IV reactor systems, designed to provide reliable, carbon-free electricity,” said Dominique Minière, President of Nuclear at OPG. “We are pleased to be working with Terrestrial Energy, an industry leader in Generation IV technology, to share our experience and expertise with engineering and regulatory programs, as they work towards bringing the company’s IMSR power plant technology to Canadian markets.”

About OPG

Ontario Power Generation (OPG) operates a diversified generation portfolio with an installed capacity of 16,295 MW, comprised of nuclear, hydroelectric, thermal, and solar power. Through our facilities, OPG generates clean, reliable and low-cost energy, delivering about 50 per cent of Ontario’s electricity. More than 90 per cent of this power is free of smog and carbon emissions.

About Terrestrial Energy

Terrestrial Energy is a developer of Generation IV advanced nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology. IMSR technology represents true innovation in cost reduction, versatility and functionality of nuclear power plants. IMSR power plants will provide zero-carbon, reliable, dispatchable, cost-competitive electric power and high grade industrial heat for use in many industrial applications, such as chemical synthesis and desalination, and in so doing extend the application of nuclear energy far beyond electric power markets. They have the potential to make important contributions to industrial competitiveness, energy security, and economic growth. Their deployment will support rapid global decarbonization of the primary energy system by displacing fossil fuel combustion across a broad spectrum. Using an innovative design, and proven and demonstrated molten salt reactor technology, Terrestrial Energy is engaged with regulators and industrial partners to complete IMSR engineering and to commission first IMSR power plants in the late 2020s.

Contact:
Jarret Adams
Terrestrial Energy
Phone: (202) 815-9234
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact:
Brian Smith
Terrestrial Energy
Phone: (416) 822-3130
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.terrestrialenergy.com
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Social Media
Facebook:        TerrestrialMSR
Twitter:             TerrestrialMSR
YouTube:          Terrestrial Energy
LinkedIn:          TerrestrialEnergy

Read more: Ontario Power Generation joins Terrestrial...

Details

Document Date: 2019/05/01 10:18:01
Document Type: Working Paper
Report Number: 136895
Volume No: 1
Country: Africa ; 
Disclosure Date: 2019/05/14 10:16:15
Doc Name: The Power of Dung : Lessons Learned from On-Farm Biodigester Programs in Africa
Keywords: biogas; Savings and Credit Cooperative; energy sector management assistance; Chronic Obstructive Pulmonary Disease; combustion of biomass fuel; country case study
Language: English
Rel. Proj ID: 3A-Integrating Biodigesters For Cooking Into Small Farm Activities -- P164656 ; 
Region: Africa ; 
Rep Title: The Power of Dung : Lessons Learned from On-Farm Biodigester Programs in Africa
Topics: Industry ; Agriculture ; Water Resources ; Energy
SubTopics: Energy Demand ; Energy and Mining ; Energy and Environment ; Health Care Services Industry ; Food Security ; Hydrology ; Energy Policies & Economics
TF No/Name: TF0A6168-Integrating Biodigesters for Cooking into Small Farm Activities
Unit Owning: AGRICULTURE GP LAC (GFA04)
Show More
 

Abstract

Over half the world’s population cooks primarily with wood, charcoal, coal, crop waste, or dung. This share is currently increasing or stagnant in most regions. Dependence on solid fuels is one of the world’s major public health challenges, causing more premature deaths than HIV/AIDS, malaria, and tuberculosis combined. The use of solid fuels and stoves also imposes significant economic costs on societies that can least afford them and contributes to adverse environmental and climate change effects. Traditionally the area of improving access to modern energy services has fallen in the realm of energy experts. However, a new study conducted by the World Bank between 2017-2019 asks the question: Does Agriculture have a role to plan in improving access to modern cooking services? The report: “The Power of Dung: Lessons Learned from On-Farm Biodigester Programs in Africa” examines on-farm biodigester programs in selected countries in Africa and examines the success factors of the programs. One of the report’s most important findings is that reframing the promotion of biodigesters from one providing clean cooking solutions (energy) to one providing improved fertilizers (agriculture) increases the attractiveness of the solutions among farmers.
 
 

Downloads

Complete Report

Official version of document (may contain signatures, etc)
Click here to see PDF filePDF  108 pages Official Version 1.94 (approx.)
Click here to see text fileText Text Version*
 

Related Links

  • See documents related to the project(s)
 
Read more: The Power of Dung Lessons Learned...

| Source: RGS Energy

DENVER, May 10, 2019 (GLOBE NEWSWIRE) -- RGS Energy (OTCQX: RGSE) , the exclusive worldwide manufacturer of the visually stunning POWERHOUSE™ Solar Shingle System, will hold a business update call on Wednesday, May 15, 2019 at 4:30 p.m. Eastern time to discuss POWERHOUSE™. Prior to the start of the call, the company will file its Quarterly Report on Form 10-Q and post a corporate presentation on the investor relations section of its website.

Date: Wednesday, May 15, 2019
Time: 4:30 p.m. Eastern time (2:30 p.m. Mountain time)
Toll-free dial-in number: 1-800-239-9838
International dial-in number: 1-323-794-2551
Conference ID: 4610808
Webcast: Click here

The conference call will be webcast live and available for replay via the investor relations section of the company's website at RGSEnergy.com.

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A replay of the call will be available after 7:30 p.m. Eastern time on the same day through May 22, 2019.

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 4610808

About RGS Energy
RGS Energy (OTCQX: RGSE) is America’s Original Solar Company and exclusive manufacturer of POWERHOUSE™, an innovative in-roof solar shingle using technology developed by The Dow Chemical Company.

For more information, visit RGSEnergy.com and RGSPOWERHOUSE.com, on Facebook at www.facebook.com/RGSEnergy and on Twitter at twitter.com/rgsenergy. Information on such websites and the websites referred to above in this press release is not incorporated by reference into this press release.

RGS Energy is the company’s registered trade name. RGS Energy files periodic and other reports with the SEC under its official name “Real Goods Solar, Inc.”

POWERHOUSE™ is a trademark of The Dow Chemical Company, used under license.

Investor Relations Contact
Ron Both
Managing Partner, CMA
Tel 1-949-432-7566
This email address is being protected from spambots. You need JavaScript enabled to view it.

Denver, Colorado, UNITED STATES

  http://www.rgsenergy.com

RGS_rethink_your_roof_logo_outlined.jpg
RGS_rethink_your_roof_logo_outlined.jpg

Formats available:

Read more: RGS Energy Sets Business Update Conference Call...

Abstract

Welcome to the Spring 2019 edition of the World Bank's Madagascar Economic Update, which presents recent economic developments and our medium-term outlook. The economy has continued to perform well, with growth in 2018 estimated at 5.2 percent, above ... See More + Welcome to the Spring 2019 edition of the World Bank's Madagascar Economic Update, which presents recent economic developments and our medium-term outlook. The economy has continued to perform well, with growth in 2018 estimated at 5.2 percent, above regional and global averages. External demand for Malagasy goods and services remains strong, with exports such as cash crops, metals and business process outsourcing performing well. A small but dynamic private sector is responding to this increased economic activity with banking, logistics and services to support companies all under expansion. This edition of economic update focuses on managing fuel pricing.  See Less -

Document also available in : English

Read more: Madagascar Economic Update...

| Source: EDF

multilang-release

        PRESS RELEASE
14 May 2019
 
 
 

Quarterly Financial Information at 31 March 2019
Sales up 1.7% ([1])
Confirmation of 2019 targets and 2019-2020 ambitions

  Group sales  €21.0bn
+1.7% org. (1)
 
     
    Highlights  
    New developments in renewable energies Record level of EDF Renewables' portfolio of projects under construction: 1.2GW gross put into construction in the first quarter, i.e. 3.5GW gross at the end of March (including 1.4GW in solar) Solar power: Acceleration of the Solar Power Plan in France: acquisition on 1 April 2019 of LUXEL Group, which holds a 1GWp portfolio (of which ~90MWp in operation) Acquisition in China of a majority stake in a 77MWp rooftop photovoltaic assets portfolio Award of a 20-year electricity purchase contract for a 60MWp solar plant near Athens Offshore China: agreements to build and operate two 500MW offshore wind farms with Chinese electricity company China Energy Investment Corporation (CEI) Innovation at the service of customers Launch of Hynamics, a subsidiary to produce and market low-carbon hydrogen for: industrial clients: installation, operation and maintenance of hydrogen production plants public and professional mobility providers: service stations to provide hydrogen to recharge fleets of commercial vehicles New nuclear Taishan 2: end of fuel loading on 16 April 2019 Financial structure  Agreement to sell EDF's 25% stake in Alpiq Signing of a €300 million sustainable revolving credit facility indexed on ESG criteria    
     
    Operational data    
  Electricity generation 
Nuclear France   111.8TWh
Nuclear United Kingdom   12.6TWh
Group Renewables   15.7TWh
  of which Hydropower France ([2])   9.9TWh
 

-1.0%
-16.4%
-23.7%
-32.2%

 
   

 

 

 

 

 
2019 targets ([3])
including
IFRS 16 impact
EBITDA ([4])   €16.0 - 16.7bn Reduction in operating expenses ([5])  ~ €1.1 bn vs. 2015 Cash flow ([6]) excluding HPC and Linky  >€600m  
2019-2020 ambitions (3)
including
IFRS 16 impact
Total net investments ([7]) excluding acquisitions and "Group 2019-2020 disposals"     ~ €15 bn/year Group 2019-2020 disposals  €2 to 3bn Net financial debt/EBITDA (4)  <= 2.7x Dividend: target payout ratio of Net income excluding non-recurring items ([8])  45 - 50%    With the French State committed to scrip for the balance of the 2018 dividend and dividends relating to 2019 and 2020 full year  

Change in EDF group sales

(in millions of Euros) Q1 2018 Q1 2019 % % organic
France - Generation and supply activities 7,956 8,145 +2.4 +2.2
France - Regulated activities 5,167 5,033 -2.6 -2.6
EDF Renewables 379 417 +10.0 +2.9
Dalkia 1,223 1,323 +8.2 +7.8
Framatome 721 706 -2.1 -4.0
United Kingdom 2,577 2,501 -2.9 -4.2
Italy 2,252 2,372 +5.3 +1.2
Other international 666 795 +19.4 +18.9
Other activities 751 882 +17.4 +18.5
Inter-segment eliminations (1,246) (1,208) -3.0 -3.0
Total Group 20,446 20,966 +2.5 +1.7

The Group's first quarter 2019 sales amounted to nearly €21.0 billion, up organically by 1.7% compared to the first quarter 2018.

This change was mainly driven by the France - Generation and supply activities segment in connection with favourable market conditions, the growth of the Group's energy services activities and strong performance by EDF Trading. Sales were also negatively impacted by activities in the United Kingdom due to the decrease in nuclear output in connection with the extension of plant outages and by the France - Regulated activities due to mild weather.

Change in Group sales ([1]) by segment

France - Generation and supply activities 

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 7,956 8,145 +2.2

Sales in France - Generation and supply activities in the first quarter of 2019 amounted to €8.1 billion, up 2.2% in organic terms compared to the first quarter of 2018.

Nuclear output amounted to 111.8TWh, down 1.1TWh compared to the first quarter of 2018, mainly due to a modulation of generation in a context of warmer temperatures and a higher volume of outages.

Hydropower output ([2]) stood at 9.9TWh, down 32.2% (-4.7TWh) compared to the first quarter of 2018 due to less favourable hydrological conditions and to resource optimisation under consideration of the price environment.

The mild temperatures, compared to the first quarter of 2018, led to a 3.7TWh drop in end customer consumption over the quarter. The financial impact was limited to -€11 million compared to the first quarter of 2018, which had been strongly affected by mild weather in January leading to resales on low-priced markets.

The changes of regulated sale tariffs for electricity ([3]) (for the part excluding the delivery component) had a negative impact of around €54 million due to the end of the tariff adjustment, in the absence of the tariff increase originally scheduled for 1 February 2019.

Downstream market conditions ([4]) had a favourable effect of an estimated €331 million thanks to positive price effects correlated in particular to price trends on the wholesale forward markets.

The balance of purchases and sales on the wholesale market, including the energy component to end customers, had a negative impact on sales, estimated at €290 million, due to a lower sales volume.

Sales benefited from a positive spot price effect in January for the resale of the purchase obligations in the amount
of €101 million (neutral effect on EBITDA as the CSPE mechanism offsets expenses linked to purchase obligations).

France - Regulated activities ([5])

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 5,167 5,033 -2.6

Sales in the France - Regulated activities segment in the first quarter 2019 amounted to €5.0 billion, down 2.6% in organic terms compared to the first quarter 2018.

The drop in volumes delivered in connection with mild weather, particularly in March, had an estimated negative impact of €170 million compared to the first quarter of 2018.

Sales benefited from the positive move in distribution tariffs ([6]) for an estimated €19 million.

Moreover, price effects linked in particular to changes in the portfolio structure had an estimated favourable impact
of €17 million.

Renewable Energies

EDF Renewables

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 379 417 +2.9

Sales for EDF Renewables amounted to €417 million, up 2.9% in organic terms compared to the first quarter of 2018.

This trend was driven by more favourable price effects and wind conditions, while the volumes produced were generally stable (4TWh or -0.1TWh compared to the first quarter of 2018) due to the disposals made at the end of 2018 and the beginning of 2019.

Total installed net capacity was broadly stable compared to the end of December 2018 and stood at 8.3GW.

On the other hand, the gross portfolio of projects under construction stood at a record level of 3.5GW gross (including 1.4GW in solar) at the end of the first quarter of 2019, i.e. +1.1GW compared to the end of December 2018.

Group Renewables ([7])

(in millions of Euros) Q1 2018 Q1 2019 % % organic
Sales ([8]) 1,307 1,252 -4 -5

Sales for all Group Renewables activities amounted to €1.3 billion in the first quarter of 2019, down 5% from the first quarter of 2018 mainly due to lower hydropower generation in France, partially offset by the positive price effects of the commissioned wind power capacity.

Energy Services

Dalkia

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 1,223 1,323 +7.8

Dalkia's sales amounted to €1.3 billion, up 7.8% in organic terms compared to the first quarter of 2018.

This improvement reflects the favourable trends in service contracts review indexes, the rise in fuel prices and sales development. The commercial dynamic continued with the creation of a new district heating network in
Charleville-Mézières in collaboration with the foundries of a PSA plant.

Group Energy Services ([9])

(in millions of Euros) Q1 2018 Q1 2019 % % organic
Sales 1,516 1,689 +11 +8

Sales in Group Energy Services amounted to €1.7 billion, up 8% in organic terms compared to the first quarter of 2018. They benefited in particular from the organic growth of Dalkia and Imtech.

The acquisition of Zephyro, an Italian operator active in the energy efficiency sector and in the supply of integrated energy management solutions, contributed to the development of energy services.

Framatome 

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales  721 706 -4.0

Framatome's sales amounted to €0.7 billion in the first quarter of 2019, down 4.0% organically.

This change is mainly due to timing effects on the first quarter of 2019 related to the year-on-year distribution of fuel assembly deliveries.

On the "large projects business", sales experienced a drop in activity with Taishan, whereas Hinkley Point C is ramping up its activities.

The "Installed base business" was down slightly in comparison with its strong performance in the first quarter of 2018 in France.

United Kingdom 

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 2,577 2,501 -4.2

In the United Kingdom, sales of €2.5 billion were down by 4.2% in organic terms compared to the first quarter 2018.

The decrease in sales was mainly due to the decline in nuclear generation and to a lesser extent to the suspension of the capacity market and the SVT (Standard Variable Tariff) price cap.

Nuclear output amounted to 12.6TWh, down 2.5TWh from the first quarter of 2018 due to the Hunterston B inspection and to the extension of Dungeness B outage.

Supply activity benefited from the good resilience of the residential customer portfolio, which is stabilising in a still very competitive environment, and from increasing sales volumes in the business customer segment.

Italy

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 2,252 2,372 +1.2

In Italy, sales amounted to €2.4 billion, up 1.2% in organic terms compared to the first quarter 2018.

Sales from the electricity business (+€122 million in organic terms) grew thanks to higher sales volumes in the industrial customers segment and positive price effects.

In gas activities, sales were down (-€109 million in organic terms) due to a decrease in volumes sold on wholesale markets which was partially offset by an increase in volumes sold to industrial customers and a positive price effect.

Exploration-production activity was up (+€15 million in organic terms) in connection with the positive Brent price effect in Euros.

Other international

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 666 795 +18.9

Sales in Other international amounted to nearly €0.8 billion, up 18.9% in organic terms compared to the first quarter of 2018.

In Belgium, sales increased by €59 million organically, reflecting in particular a rise in electricity and gas prices across all segments, partially offset by a slight decrease in volumes sold to residential customers due to mild weather. Wind capacity increased to 448MW, or +1.6% compared to the end of December 2018.

In Brazil, sales increased by €57 million in organic terms due to the positive effect of the annual review of EDF Norte Fluminense's power purchase agreement tariff that occurred at the end of 2018 and due to the impact of the change (without impact on EBITDA) of the ICMS([10]) tax.

Other activities 

(in millions of Euros) Q1 2018 Q1 2019 % organic
Sales 751 882 +18.5

Sales in Other activities amounted to nearly €0.9 billion, up 18.5% in organic terms compared to the first quarter of 2018.

Sales at EDF Trading were up €48 million organically. EDT Trading continues to benefit from positive volatility and took advantage of price conditions in European electricity and gas markets. The activities related to LNG (Liquefied Natural Gas) and LPG (Liquefied Petroleum Gas) also contributed to this performance in the first quarter of 2019.

Sales in the gas business increased by more than €176 million in organic terms in a favourable context for the LNG activity and in relation to better use of the Group's capacities.

Main events ([11]) since the press release of 15 February 2019

Major Events

  • Flamanville EPR update: a detailed update of the schedule and construction cost of the Flamanville EPR will be given after the ASN ruling has been published (see press release of 11 April 2019).
  • EDF, EBM and EOS agreed on the disposal by EDF of its 25% stake in Alpiq to EBM and EOS (see press release of 5 April 2019).
  • Notice of the Combined Shareholders Meeting on 16 May 2019 and appointments to EDF's Board of Directors (see press release of 5 April 2019).
  • EDF launched Hynamics, a subsidiary to produce and market low-carbon hydrogen (see press release of
    2 April 2019).
  • EDF and BBVA signed a €300 million sustainable revolving credit facility (see press release of 22 march 2019).

New investments, partnerships and investment projects

Development of renewable energies, EDF Renewables ([12])

  • EDF Renewables secured a 20-year Power Purchase Agreement following auctions in Greece for a future 60 MWp solar plant located near Athens (see press release of 6 May 2019).
  • EDF Renewables and WiSEED launched a participatory financing for the Toucan 2 solar power project with storage in Guyana (see press release of 6 May 2019).
  • Eolien Maritime France selected Siemens Gamesa Renewable Energy to provide turbines for two French offshore wind energy projects (see press release of 16 April 2019).
  • EDF Renewables completed the acquisition of LUXEL Group, a French utility that develops and operates solar projects (see press release of 1 April 2019).
  • EDF boosted its activities in China with agreements to build and operate two offshore wind farms and to optimize heating and air-conditioning networks in the city of Wuhan (see press release of 25 March 2019).
  • EDF Renewables strengthened its presence in distributed solar power in China with its partner Asia Clean Capital (see press release of 21 March 2019).
  • EDF Renewables pursues its expansion in wind and solar energy in the United States (see press release of 12 March 2019).

Framatome ([13])

  • United States: Framatome won a multimillion-dollar contract to perform cutting-edge maintenance operations at Wolf Creek (see press release of 20 February 2019).

Other significant events

  • The EDF group and Logis Cévenols inaugurated the largest collective self-consumption operation in France (see press release of 7 May 2019).
  • Tomorrow's Connected Community: BBOXX unveiled its vision for the "community of the future" for the developing world (see press release of 24 April 2019).
  • EDF Group launched the 2019 employee reserved offer "ERO 2019" (see press release of 17 April 2019).
  • The EDF group and METRO France signed a new contract for the supply of wind energy (see press release of 25 March 2019).
  • EDF welcomed the fact that consumers' interests were defended against unfair competition practices (see press release of 14 March 2019).

A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 39.8 million customers (1), 29.7 million of which are in France. It generated consolidated sales of €69 billion in 2018. EDF is listed on the Paris Stock Exchange.

  1. The customers were counted at the end of 2018 per delivery site; a customer can have two delivery points: one for electricity and another for gas.

Disclaimer

This presentation does not constitute an offer to sell securities in the United States or any other jurisdiction.
No reliance should be placed on the accuracy, completeness or correctness of the information or opinions contained in this presentation, and none of EDF representatives shall bear any liability for any loss arising from any use of this presentation or its contents. The quarterly financial information is not subject to an auditor's report. 
The present document may contain forward-looking statements and targets concerning the Group's strategy, financial position or results. EDF considers that these forward-looking statements and targets are based on reasonable assumptions as of the present document publication, which can be however inaccurate and are subject to numerous risks and uncertainties. There is no assurance that expected events will occur and that expected results will actually be achieved. Important factors that could cause actual results, performance or achievements of the Group to differ materially from those contemplated in this document include in particular the successful implementation of EDF strategic, financial and operational initiatives based on its current business model as an integrated operator, changes in the competitive and regulatory framework of the energy markets, as well as risk and uncertainties relating to the Group's activities, its international scope, the climatic environment, the volatility of raw materials prices and currency exchange rates, technological changes, and changes in the economy.
Detailed information regarding these uncertainties and potential risks are available in the reference document (Document de référence) of EDF filed with the Autorité des marchés financiers on 15 March 2019, which is available on the AMF's website at www.amf-france.org and on EDF's website at www.edf.fr.
EDF does not undertake nor does it have any obligation to update forward-look

This press release is certified. You can check that it's genuine at medias.edf.com

 
Only print what you need.

EDF SA
22-30, avenue de Wagram
75382 Paris cedex 08
Share capital of 1,505,133,838 euros
552 081 317 R.C.S. Paris

www.edf.fr

   

CONTACTS

 

Press: +33 (0) 1 40 42 46 37

 

Analysts and investors: +33 (0) 1 40 42 40 38

([1]) Breakdown of sales across the segments, before inter-segment eliminations.

([2]) Hydropower, excluding island activities before deduction of pumped volumes. For information, after deduction of pumped-storage hydropower volumes: 12.8TWh in Q1 2018 and 8.3TWh in Q1 2019.

([3]) Price effects on customers at regulated sales tariffs, excluding the Energy Savings Certificates (EEC) component in the tariff "stacking". Change in tariffs on 1 August 2018 of -0.5% for blue residential and +1.1% for non-residential.

([4]) Excluding the EEC component in the market offering.

([5]) Regulated activities including Enedis, Électricité de Strasbourg and island activities.

([6]) Upward adjustment of the tariffs of the low voltage customers domain <= 36kVA of 1.16% and indexation of TURPE 5 distribution of -0.21% at 1 August 2018.

([7]) Group Renewables includes EDF Renewables and the Group hydraulic generation, as well as the renewable activities of EDF Luminus and Edison.

([8]) For the renewable energy generation optimized within a larger portfolio of generation assets, in particular relating to the French hydro fleet after deduction of pumped volumes, sales are estimated, by convention, as the valuation of the output generated at spot market prices (or at purchase obligation tariff) without taking into account hedging effects, and include the valuation of the capacity, if applicable.

([9]) Group Energy Services include Dalkia, Citelum, CHAM and service activities of EDF Energy, Edison, EDF Luminus and EDF SA. They consist in particular of street lighting, heating networks, decentralised low-carbon generation based on local resources, energy consumption management and electric mobility.

([10]) Tax on the Movement of Goods and Services in Brazil

([11]) The complete list of press releases is available on the EDF website: www.edf.fr

([12]) The complete list of EDF Renewables' press releases is available on the website www.edf-renouvelables.com

([13]) The complete list of Framatome press releases is available on the website: www.framatome.com

Footnotes to the first page

([1]) Organic change at comparable scope and exchange rates.

([2]) Hydropower, excluding island activities before deduction of pumped volumes. For information, after deduction of pumped-storage hydropower volumes: 12.8TWh in Q1 2018 and 8.3TWh in Q1 2019.

([3]) At constant legal and regulatory framework in France.

([4]) On the basis of the scope and exchange rates at 1 January 2019 and of an assumption of a 395TWh France nuclear output. At prevailing price conditions beginning of February 2019 (around €50/MWh) for the unhedged 2020 France volumes.

([5]) Sum of personnel expenses and other external expenses. At comparable scope and exchange rates. At constant pension discount rates. Excluding change in operating expenses of the service activities.

([6]) The impact of IFRS 16 on cash-flow is derived from the increase in EBITDA, decreased by financial interests on the IFRS 16 net financial debt

([7]) In accordance with the Group's anticipations regarding the Flamanville 3 project completion costs and schedule. A detailed update of the schedule and construction cost of the Flamanville EPR will be given after the ASN ruling has been published.

([8]) Adjusted for the remuneration of hybrid bonds accounted for in equity.

Read more: EDF :Quarterly Financial Information at 31 March...

| Source: Savosolar Oyj

multilang-release

Savosolar Plc
Company Announcement            10 May 2019 at 1.40 p.m. (CEST)

Savosolar delivered World's 1st solar thermal plant with flat-plate collectors on tracker for NewHeat in Condat, France

Started-up in in January 2019 and following a successful operational test period, the 3.3 MW solar thermal plant in Condat-sur-Vézère, France, has been handed-over to NewHeat SAS.

This solar thermal plant, the largest in Europe for industrial process, will deliver on average 4,000 MWh/year of heat. It will cover 32% of the heated water need for the steam generation in the local paper mill. With the very high solar yield - more than 1,000 kWh/m2 -  this solar thermal field is the first of its kind in the world due to Savosolar high efficiency solar collectors installed on a single-axis tracking system. 66 tilting structures, each carrying four 16 m2 collectors, follow the sun from morning to evening and maximize the heat production.

Jari Varjotie, CEO of Savosolar: "We are extremely proud of this significant delivery. It is at the same time the largest solar thermal system in France and the largest solar thermal industrial process heat system in Europe. It highlights how valuable utility scale solar heat is in both district heating and industrial process heat. This project is also an excellent example of the Savosolar partnering strategy. The project was developed and financed by NewHeat and Savosolar acted as the EPC contractor. Meaning, we designed the whole system, delivered the solar collectors, and realized the installation with local French companies. With our experience and network we are ready to address the huge growing market of heat-as-a-service for industrial clients in France and world-wide."

SAVOSOLAR PLC

For more information:

Savosolar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Savosolar Plc discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, "MAR"). The information was submitted for publication by the aforementioned person on 10 May 2019 at 1.40 p.m. (CEST).

About Savosolar

Savosolar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company's collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savosolar helps its customers to produce competitive clean energy. Savosolar's vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems - market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners. Savosolar is known as the most innovative company in the business and aims to stay as such. The company has sold and delivered its products to 17 countries on four continents. Savosolar's shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North Finland with the ticker SAVOH. www.savosolar.com.

The company's Certified Adviser is Augment Partners AB, This email address is being protected from spambots. You need JavaScript enabled to view it., phone: +46 8-505 65 172.

Read more: Savosolar's hand-over of Condat, world's first...

Abstract

Welcome to the Spring 2019 edition of the World Bank's Madagascar Economic Update, which presents recent economic developments and our medium-term outlook. The economy has continued to perform well, with growth in 2018 estimated at 5.2 percent, above ... See More + Welcome to the Spring 2019 edition of the World Bank's Madagascar Economic Update, which presents recent economic developments and our medium-term outlook. The economy has continued to perform well, with growth in 2018 estimated at 5.2 percent, above regional and global averages. External demand for Malagasy goods and services remains strong, with exports such as cash crops, metals and business process outsourcing performing well. A small but dynamic private sector is responding to this increased economic activity with banking, logistics and services to support companies all under expansion. This edition of economic update focuses on managing fuel pricing.  See Less -

Document also available in : French

Read more: Madagascar Economic Update...

Abstract

The Philippines power sector underwent a substantial and largely complete reform process. Following a severe shortage of supply in the late 1980s and the Asian Financial crisis of 1997, which made the dollar-denominated debt of the National Power Corporation... See More + The Philippines power sector underwent a substantial and largely complete reform process. Following a severe shortage of supply in the late 1980s and the Asian Financial crisis of 1997, which made the dollar-denominated debt of the National Power Corporation extremely burdensome, the Electric Power Industry Reform Act was passed in 2001. This was intended to improve the quality of service and reduce power tariffs via the introduction of private participation and competition at the wholesale and retail levels. Although the implementation of the full reform program took longer than originally expected, the unwavering support given to the reform agenda by successive presidents of the country ensured that the planned steps had all been completed by 2013. At that time, retail competition and open access for consumers in Luzon and Visayas of more than one megawatt were introduced. The reform process was not impeded by complications that would have arisen if consumer subsidies had been endemic, but retail prices are even higher than might have been expected in the absence of subsidies, due to domestic taxation and the presence of some inefficiencies that have not yet been eliminated by the onset of competition.  See Less -

Read more: Learning from Power Sector Reform...

| Source: Statkraft AS

multilang-release

Solid earnings

(Oslo, 9 May 2019) Statkraft recorded an underlying EBIT amounting to NOK 6430 million in the first quarter of 2019. This was an increase of NOK 469 million from the same period last year. The increase was mainly driven by higher contribution from market activities and wind power generation.

The average Nordic system price in the quarter was 46.8 EUR/MWh, an increase of 21 per cent from the price level in the first quarter in 2018. Total generation was 16.1 TWh, a reduction of 4.9 TWh compared with the record high production in the corresponding quarter last year.

The quarterly net profit ended at a solid NOK 4752 million. This was a decrease of NOK 5.5 billion compared with the first quarter of 2018 which included gains from divestments of almost NOK 6.8 billion.

Cash flow from operating activities reached NOK 3891 million in the quarter.

- We are pleased with a solid result, reflecting strong operations and a significant contribution from Norwegian and international market activities, says CEO Christian Rynning-Tønnesen.

Statkraft combines flexible hydropower with intermittent wind- and solar power to deliver reliable and renewable energy to the customers. Maintenance and refurbishment of existing hydropower plants in the Nordics remain a key priority.

In April, Statkraft decided to build the Vesle Kjela hydropower plant in Norway. The installed capacity will be 8.5 MW and the investment will increase the annual generation with approximately 40 GWh. The powerplant is included as a new section in an already existing regulation.

Electrification of the transport sector will have a significant impact on the European energy market. This is the reason for Statkraft's acquisition of 61 per cent of the electrical vehicles charging company eeMobility in Germany.

For further information, please contact:

Debt Capital Markets:
Funding manager Stephan Skaane, tel: +47 905 13 652, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Senior Financial Advisor Arild Ratikainen, tel: +47 971 74 132, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Media:
Press spokesperson Knut Fjerdingstad, tel: +47 901 86 310, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

or www.statkraft.com

Statkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 3600 employees in 16 countries.


This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Read more: Statkraft AS: Result for the first quarter 2019

Abstract

Petroleum discovery in a country presents its policy makers with a challenging and complex task: formulating and agreeing on policies that will shape the country’s petroleum sector and guide the translation of the newly discovered resources into equitable... See More + Petroleum discovery in a country presents its policy makers with a challenging and complex task: formulating and agreeing on policies that will shape the country’s petroleum sector and guide the translation of the newly discovered resources into equitable and sustainable economic and social growth for the nation over the long term. Balancing Petroleum Policy provides policy makers and other stakeholders with the basic sector-related knowledge they need to embark on this task. It introduces a number of topics: the petroleum value chain and pivotal factors affecting value creation, a consultative process for developing a nation’s common vision on key petroleum development objectives, design of a legislative and contractual framework, petroleum fiscal regimes and their administration, prudent fiscal management, transparency and governance, environmental and social safeguards, and economic diversification through industrial linkages. Although much of the material is relevant to designing policies for the development of the petroleum sector in general, the book gives special focus to developing countries, countries in a federal or devolved setting, and countries that have experienced or are still experiencing civil conflict. With this focus in mind, the book examines three questions—ownership, management, and revenue sharing of petroleum resources—that are central to petroleum policy in any federal or devolved state. It also offers important perspectives on how to prevent violent conflicts related to such resources. Petroleum policies tend to vary significantly from country to country, as do the objectives that such policies aim to achieve in the specific context of each particular country. Although there is no one-size-fits-all policy and there are no clear-cut answers to the many potential policy dilemmas associated with the discovery of petroleum resources, this publication may help policy makers find the right balance among the chosen objectives—and the right policy choices to achieve these objectives.  See Less -

Read more: Balancing Petroleum Policy Toward...

| Source: Scatec Solar ASA

Scatec Solar and partners have grid connected its second solar power plant in Malaysia, the 65 MW (DC) Jasin plant. This plant is the second of three 65 MW solar plants under completion by Scatec Solar in Malaysia.

“We are pleased to have reach commercial operation for the Jasin solar plant, doubling our assets in operation to 130 MW in Malaysia. South East Asia continues to be a key market for us, and we expect that the Government of Malaysia will maintain high ambitions for the deployment of renewable energy in the country”, says Raymond Carlsen, CEO of Scatec Solar.

The plant, located in the south-west of Peninsular Malaysia is expected to provide about 94,000 MWh of electricity per year, providing energy for more than 31,000 households. The clean energy produced by the Jasin plant will contribute to avoid about 70,000 tonnes of carbon emissions per year.

In December 2016, Scatec Solar entered the Malaysian large-scale solar energy market by joining forces with a local ITRAMAS-led consortium that had signed three 21-year Power Purchase Agreements (PPAs) with the country's largest electricity utility, Tenaga Nasional Berhad (TNB). The partnership covers realisation of three solar plants totaling 197 MW with a total investment of about MYR 1,235 million (USD 293 million).

With grid connection of this power plant, Scatec Solar currently has 714 MW in operation and another 941 MW under construction.

For further information, please contact: 

Mikkel Tørud, CFO
Mobile: +47 976 99 144
This email address is being protected from spambots. You need JavaScript enabled to view it.

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1 GW. The company has a total of 1.7 GW in operation and under construction in Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa and Ukraine.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SSO’. To learn more, visit www.scatecsolar.com.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Read more: Scatec Solar has reached commercial operation...

Abstract

Pakistan's power sector underwent a substantial, if protracted, reform process. Beginning with an independent power producer program in 1994, the full unbundling of the national vertically integrated power and water utility, the Water and Power Development... See More + Pakistan's power sector underwent a substantial, if protracted, reform process. Beginning with an independent power producer program in 1994, the full unbundling of the national vertically integrated power and water utility, the Water and Power Development Authority, and the establishment of a regulatory entity, the National Electric Power Regulatory Authority, followed in 1997, paving the way for the eventual privatization of one major distribution utility, Karachi Electric, in 2005. Plans to privatize the remaining distribution utilities were shelved following the controversy surrounding the Karachi Electric transaction. A single buyer model has been in operation since the sector restructuring, with the Central Power Purchasing Agency fully separated from transmission and dispatch (the National Transmission and Dispatch Company) in June 2015. Despite these major steps, Pakistan has continued to suffer from inadequate capacity and other constraints, leading to large and frequent blackouts. At the heart of the impasse is the so-called "circular debt" crisis, whereby distribution utilities struggling to collect revenues and meet regulatory targets for transmission and distribution losses default on their payments to generators, and the sector is periodically bailed out by the government once losses accumulate to intolerable levels, at high cost to the exchequer. This dynamic has undermined incentives for utilities to improve their efficiency, while discouraging generators from investing in new capacity to address supply shortages. In the meantime, little has been done to accelerate access to electricity to the significant share of unserved population in rural areas.  See Less -

Read more: Learning from Power Sector Reform...

Abstract

The green economy entails an approach by nations to adopt economic policies designed to develop climate-sensitive industrial sectors that can drive long-run sustainable economic growth. Any meaningful transition to a new green economy will require the... See More + The green economy entails an approach by nations to adopt economic policies designed to develop climate-sensitive industrial sectors that can drive long-run sustainable economic growth. Any meaningful transition to a new green economy will require the mining sector as a central stakeholder. This is in part due to the significance of the minerals sector to the overall global economy. Minerals make up and will continue to make up the fundamental building blocks of the global economy. This report provides an overview of the policies of countries leading the shift toward a green economy, and the implications of those policies for the mining sector in those countries.  See Less -

Details

  • Sekar, Sri; Lundin, Kyle; Tucker, Christopher; Figueiredo, Joe; Tordo, Silvana; Aguilar, Javier;
  • 2019/04/29 15:51:03
  • 136499
  • 1
  • 1
  • World; 
  • The World Region; 
  • 2019/04/30 15:50:07
  • Disclosed
  • Policy Approaches to Climate Change in Mineral Rich Countries
  • Mining; general agreement on tariffs and trade; Industrial Policies; Industrial Policy; mining companies; mining company; carbon capture and storage; carbon pricing; ...  See More + reen growth; impact of climate change; water quality and quantity; global greenhouse gas emission; carbon tax; climate model; personal income tax rate; exposure to climate change; trim trade; cap and trade; management of water resource; Carbon Cap and Trade; large volumes of water; nationally determine contribution; mining industry; carbon tax revenue; fossil fuel subsidy; industrial revolution; carbon taxation; Local Economic Development; energy and water; local value; Oil & Gas; Oil and Gas; cost of energy; global trade rule; gold mining industry; carbon dioxide emission; Consider Policy Option; global climate change; equality of opportunity; future climate change; renewable portfolio standard; climate change projections; future climate scenarios; liquefied natural gas; gross domestic product; domestic food security; international trade agreement; rare earth metal; clean energy technology; resource-rich developing country; internet of things; risk management procedure; electric vehicle; long term investment; wind power technology; effective water management; sea level rise; amount of emissions; private sector company; heavy fuel oil; climate change mitigation; carbon trading scheme; water user group; corporate income tax; growth and development; mitigating climate change; mining equipment; emission reduction technology; extreme weather event; climate change challenge; national energy policy; cost of electricity; waste water treatment; privileges and immunity; renewable energy development; national climate change; production of energy; Water Resource Management; global economy; export tax; raw material; local content; mining waste; carbon price; supply chain; gross value; export restrictions; Climate Risk; sole responsibility; mining operation; industrial process; Mineral Sector; base metal; export quota; technological innovation; environmental challenge; sustainable infrastructure; water scarcity; water issue; academic research; government support; domestic industry; mineral deposit; artificial intelligence; cement production  See Less -

  • English
  • Mining Policy, Laws, and Regulations;  Mining Services;  Climate Change;  Water;  Energy and Extractives; 
  • Science and Technology Development;  Health, Nutrition and Population;  Industry;  Environment;  Water Resources;  Energy; 
  • Mining & Extractive Industry (Non-Energy);  Science of Climate Change;  Climate Change and Environment;  Climate Change and Health;  Hydrology;  Energy and Mining;  Energy and Environment;  Energy Demand; 
  • Energy & Extractives - GP (GEEDR)
  • International Development in Focus
  • Final
See More + See Less -

Downloads

Complete Report in English

Official version of document (may contain signatures, etc)

*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

**Download statistics measured since January 1st, 2014

SUBSCRIBE TO EMAIL ALERTS

Sekar, Sri; Lundin, Kyle; Tucker, Christopher; Figueiredo, Joe; Tordo, Silvana; Aguilar, Javier. 2019. Policy Approaches to Climate Change in Mineral Rich Countries (English). International Development in Focus. Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/226311556653899691/Policy-Approaches-to-Climate-Change-in-Mineral-Rich-Countries

You are here

/

/

Policy Approaches to Climate Change in Mineral Rich Countries (English ...

Read more: Policy Approaches to Climate Change...

More Articles ...

Advertisement

Translator

Advertisement
Advertisement

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Gujarat Largest Rooftop Solar Event is Back in Ahmedabad - https://t.co/hvfKU8siIr
About 12 hours ago
SolarQuarter How did India solar tenders perform in 2018-19? Here's a snapshot! solarenergy solarnews energy… https://t.co/rEDOp84n27
Wednesday, 15 May 2019 20:12
SolarQuarter Who was awarded the maximum tenders in India in 2018-19? Here's a glimpse @SolarQuarter SolarQuarter… https://t.co/jUdsZVJ5VU
Wednesday, 15 May 2019 00:29

Advertisement