OPEN INNOVATION

IN EDF

BERLIN - ECOSUMMIT

May 2015

EDF – the Third Largest Utility in the

World

• Active in more than 30 countries;

• Supplies more than 20% of EU’s electricity;

• Covers the entire electricity supply chain:

from generation to transmission, distribution

and supply;

• Has strong presence in Western Europe:

France, UK, Germany, Italy, etc.;

• Has industrial operations in Asia and United

States

~160,000 employees

worldwide

~37 million customers

worldwide

~630 TWh of energy generated

worldwide

~€65bn of sales, 44%

outside France

EDF office Location in a country Fact sheets

company

First Rate R&D Capabilities

• Over 2,000 people dedicated to R&D;

370 doctors

220 doctoral students

200 research fellows

• Close to €500 M annual budget, a quarter of

which is dedicated to projects with

environmental components

• 500 major projects per year

• 7 Research Centers

3 in France

1 in Germany,

1 in UK

1 in Poland

1 in China

EDF: A GLOBAL ENERGY PLAYER

2

• They can think « out of the box » (new technologies, new services, new business models)

• They can push to create new opportunities or new threats, notably through a convergence between IT, telecom and energy

• They can go fast, ..faster than big players….

• And they do it : roughly b7$ have been invested yearly in cleantech

startups between 2012 and 2014

3

CLEANTECH STARTUPS : A KEY

VECTOR FOR ENERGY TRANSITION

Try to keep the world as it is now ?.........Or help them change it ?

Helping startups will boost the entire energy ecosystem

…and then help EDF keep its leadership

How can we help startups ?

Cleantech is very challenging : very long development cycle and capex intensive !

Need for money

Need for industrials partners to share the risks of development

EDF set up in mid 2012 an important open innovation scheme :

Dedicated R&D / business teams and …Electranova Capital

4

AS A BIG PLAYER, WHAT SHOULD WE

DO ?

OPEN INNOVATION IN EDF R&D

Managing relations to

investment funds

External sourcing of

innovatives startup

Introducing innovative

methodologies

Impulsing internal

innovation

BEFORE AFTER

• €90+m investment capacity

• Partnership with a leading private equity firm in Europe

• key investor, with BPI France and as other LPs

• Focus on Europe, but US ans Israel are also our playing fields

• Promotes industrial and commercial partnerships with EDF business units (and others too !), on a win-win position. Full support of EDF R&D

• Leverage on best of both Idinvest and EDF (networks, geographical footprints, expertise..)

• Support cross border development (US to Europe, Europe to Asia)

• 7 investments as end of March 2015

6

ELECTRANOVA CAPITAL IN A NUTSHELL

A CLEANTECH FUND SPONSORED BY EDF

7 INVESTMENTS

ALL HAVE ON GOING PARTNERSHIP

WITH EDF

7

Digital /

Internet of

things

New

Services

New

technologies

Smart Grids

grid Infrastructure

Storage: Batteries and Hydrogen, etc.

Energy generation

Solar / Wind

Marine Energy / hydro, etc.

Energy efficiency

Lighting / Heating / Cooling…

« Green » Houses/ buildings :

factories, etc.

Sustainable Cities

Electric Mobility

Smart City , etc

EXEMPLE 1 SEATOWER

FROM CONCEPT TO INDUSTRIAL REALITY

8

Feb 2015 : Launching…. Summer 2012 :

a concept

Summer 2014 :

built in Le Havre

EXEMPLE 2 SUNFIRE :

SUPPORT THE EMERGENCE OF A

BREACKTHROUGH TECHNOLOGY

9

R&D collaboration

Investment by Electranova Capital

Demonstration projects (Germany)

2013

2009

2015

New businesses > 2016

EXTERNAL SOURCING

Implantations :

San Francisco

Chatou

Londres

Pékin

~ 1000 start-ups

analysed

30 cooperations

made in 2014

Objective :

> 40 cooperations

in 2015

AN INTERNATIONAL NETWORK

FOR SOURCING STARTUPS

EDF OPEN INNOVATION TEAM SOURCING , ASSESSMENT & PROMOTION OF INNOVATIVE

START-UPS WITHIN EDF GROUP

1. Sourcing of innovative start-ups to find

new technologies, services and business

models for EDF Business Units

2. Assessment of technologies leveraging

EDF R&D expertise and EDF business unit

operational departments

3. Promotion of and support to the best

start-ups towards EDF business units and

within the Group

Qualisteo DCO PACA et Qualisteo lancent une offre d’efficacité énergétique pour les PME Pro

The solution Qualisteo : Desagregation of consumptions for each area, for use

and for each equipment from a unique mesurement.

The Lynx box is quick installed, don’t need to modify

the installation and mesure current and tension for 128

feeders.

New offer for EDF

A new audit service for energy in PACA

for the professional customers

Win for the customer:

-An analysis of consumption

-A state of art of the electric equipment

- recommandations and propositions on consumptions

-10 to 30% gain

Une success story

Détection & présentation to Netseenergy

Tests in Paca on tertiary buildings

Tests on 5 buidings with chamber of

commerce

Collaboration EDF-Qualisteo

20 sites instrumented in Alpes

Maritimes at July 2014

building of an offer for professional

customers

OPEN INNOVATION

KEY FIGURES

What we have done A network of 2000 start-ups identified in the last 4 years

30 experiments launched in 2014…more than 70 since the beginning

Since 2012, 7 investments of Electranova Capital, leading to partnership wih EDF

More than 10 operations with innovative methodology in 2014

More than 30 innovations on the way to valorisation

What we have to do Try more, get out of our comfort !

Train more people on innovative solutions

Open more the R&D division to the world of incubators, startups, ….

Facilitate the relations between startups and big companies

Make each employee an ambassador for innovation