L R AS Published on Tuesday 3 April 2018 - n° 227 - Categories:French companies, lithium batteries

With storage, EDF is targeting three markets

The €8bn investment (largely financed by debt) will enable the company to install 10 GW of storage by 2035, in addition to the 5 GW currently held in its six pumped energy transfer stations (Step) located in France.

This interest stems both from the fall in the average cost of batteries, which has fallen to €209 per kWh in 2017, and from the need to regulate intermittent RE electricity.

EDF is targeting three markets: service to large electrical systems: it expects to have 6 GW in 2035 with pumping and batteries. It has two facilities, one in the United States, the other on Reunion Island, and soon one in Great Britain.

The second market is self-consumption + storage (with 4 GW planned in 2035) in France, the United Kingdom, Italy and Belgium.

The third niche will be off-grid, in Africa, the Ivory Coast and Ghana to start with. Agreements have already been signed, notably with Off Grid Electric.

GreenUnivers of March 27th

Subscribe to the newsletter "Le Fil de l'Actu"...

Most read articles in the last 10 days

Most read articles in the last month