This document discusses France's progress toward developing green and sustainable businesses and technologies. It provides several examples of French companies that have made strides in areas like renewable energy, clean transportation, and sustainable agriculture. It also discusses how hosting the COP21 climate conference in Paris raised awareness of sustainability issues and increased pressure on companies to develop more environmentally-friendly solutions. Overall the document presents France as a leader in developing a green economy and highlights innovative French companies that are capitalizing on the country's focus on sustainability.
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
First Edition of the French Flair, spring 2016
1. FRENCH
FLAIR
SPOTLIGHT
Harnessing the
power of the sea
T
he COP 21 Paris
Climate conference
and the historic Paris
Agreement made
in December 2015
shone a spotlight
on France and
gave its firms a chance to showcase
their progress towards creating
a truly green economy.
French companies have made great
strides in recent years, helped by a
stringent regulatory environment
– France was one of the first countries
to set a long-term commitment to
cut greenhouse gases – combined
with cutting-edge technology in
everything from clean energy to
zero-emission vehicles, as well as
initiatives such as innovation clusters,
designed to promote research, skills
and competitiveness in strategic
sectors. Strong consumer interest
in sustainability and the sharing
economy has also been helping
drive companies to go green.
France accounted for only 0.9% of
global emissions in 2013-14, despite
generating 2.4% of global GDP. And
it is ahead on its greenhouse gas
emissions target under the Kyoto
Protocol, reducing emissions by
more than 10% since 1990.
Publisher: Business France • Contributing Editor: Helen Massy Beresford • Editor: David Williams • Design and layout: Sphère Publique • Illustrations: Carine Brancowitz • Printed on recycled paper • Circulation: 5,000 copies in English
03
NEED TO KNOW
How French cities
are going green
04
10%
FRANCE IS AHEAD – CUTTING
EMISSIONS BY MORE THAN
SINCE 1990
SUSTAINABLE
GROWTHMEANS
WEHAVETO
THINKBIG
Can we improve quality of
life, generate renewable
energy for all, feed the world
and have a cleaner planet?
Yes we can, but only if firms,
investors and citizens invest heavily in
science, research and development
with ambitious goals, rather than
indulge in PR campaigns; and only
if ecosystems take shape between
academic research, creative start-ups
and big business.
These vital ecosystems are not yet
up and running in energy, food, or
waste. The healthcare industry has
paved the way, generating mind-
blowing drugs, devices and vaccines
that help prolong life. Initially
expensive, they become cheaper
through generic competition.
Pharmaceutical companies invest
aggressively in R&D. Biotechs attract
investors and partnerships. Sanofi’s
R&D budget is 13% of revenues; 350
listed biotechs have raised US$30
billion since 2010.
By contrast, Total, Engie, EDF and
Veolia’s R&D budgets of 0.2 to 1%
of revenues are minuscule! Both
they and their foreign competitors
tend to focus on short-term,
marginal innovations because they
enjoy growing revenue with little
competitive pressure, so start-ups
and investors shy away. How can we
generate breakthrough energies,
feed 9 billion people in 2030
and clean up the planet without
investing in science and technology?
We cannot.
Once energy and utility firms realize
that R&D drives revenue-boosting
and highly profitable breakthrough
innovation, and governments put
effective pressure and introduce tax
incentives in these critical areas, we
might then enjoy renewable energy
and adequate food supplies on a clean
planet, as well as improved healthcare.
by PHILIPPE POULETTY
M.D., MANAGING PARTNER,
TRUFFLE CAPITAL (WWW.TRUFFLE.COM)
viewpoint
But the businesses holding the keys
to future progress know there is much
still to be done – and that growing
sustainably is the only way to grow.
From energy efficiency, smart data
applications and innovative renewable
technologies, French companies are
finding new ways to be sustainable.
Jeremy Fain, Co-founder and Chief
Executive Officer of Paris-based
software company Verteego, which
specializes in helping companies
analyze non-financial environmental,
energy and social data to help boost
their sustainability, says: “The
challenge of sustainable development
is integral to future business: in
today’s world, a company that would
increase its non-recyclable rubbish,
or its carbon footprint, accident rate
or absenteeism for an extra euro of
turnover could not be considered
sustainable. In our fast-changing
world, a company that found itself
in that situation would be forced
to change its growth strategy.”
Jérôme Michaud-Larivière, Founder
and Chief Executive Officer of
NewWind (see Portfolio), pioneer of
the Arbre à Vent wind turbine, believes
hosting the COP 21 conference may
have helped convince politicians
to look more closely at small-scale
solutions that, once added together,
can make a big difference.
GROWING
SUSTAINABLY
à la française
PORTFOLIO
A day with
NewWind
PORTFOLIO
Paris: sustainable
city of light
0605
PUBLISHED IN PARIS - SPRING 2016
#1
3. French Flair 03
#1 - Spring 2016
SPOTLIGHT
FROM WINDS TO TIDES
HOW FRANCE IS CAPITALISING
ON ITS COASTLINE
W
ith over
3,400 km
(2,100 miles)
of coastline,
taking in the
English
Channel, the
North Sea, the Mediterranean, and the
Atlantic – nearly 5,000 km (3,000 miles)
if you count its overseas territories – it
makes sense for France to examine the
power of this vast natural resource when
it comes to sustainable energy.
The French government has a goal of
using installed marine energy to cover
3.5% of France’s electricity consumption
– or 6GWe of power – by 2020.
Sabella (see case study) is blazing a trail
when it comes to tidal turbines, but
others are stepping up to the challenge
too, with a variety of technologies.
Floating wind turbines, mounted on
platforms, are used in areas where the
depth of the sea means fixed foundations
cannot be installed, allowing operators to
take advantage of better wind conditions
offshore, while also limiting the visual
impact from the coast.
Below the surface, tidal energy projects
involve giant underwater structures
that can harness the power of the waves
and tides. These will become more
competitive as technologies develop
and economies of scale bring the costs
down.
Meanwhile, ocean thermal energy
conversion (OTEC) capitalizes on the
difference in temperature between
cooler, deeper water and warmer
shallower water to generate electricity.
“With over 70% of the planet covered
with oceans and two-thirds of the
world’s population living less than
200km (125 miles) from the sea, marine
renewable energies harbor significant
potential, through power generated by
waves, tides, offshore wind or ocean
thermal energy conversion,” says
Thierry Kalanquin, Energy and Marine
Infrastructures Director at DCNS.
The group, which started life as a
naval shipyard and until recently was
better known for submarines and the
systems and infrastructure needed for
naval bases, is now capitalizing on its
in-depth marine knowledge to make a
Companies are waking up to
the enormous potential of the
sea – and with thousands of
kilometres of coastline, not
to mention highly developed
engineering skills, France is
ahead of the pack.
name for itself in renewable energy.
“DCNS decided in 2008 to expand into
marine renewable energy. Indeed, while
examining this new sector, we discovered
that there were significant synergies with
naval defense, especially regarding the
key technologies and industrial practices
being used,” Mr. Kalanquin says.
The group now plans to make between
15 and 20% of its turnover in marine
renewable energies by 2024.
As part of this plan, DCNS is installing
two experimental tidal arrays in
France and Canada – the precursor to
commercial deployment.
It has also teamed up with another
French giant, Alstom, to develop a
6MW integrated floating wind-turbine
system by 2019.
“Globally, the market opportunities for
floating wind turbines are immense, three
times greater than the traditional offshore
wind turbine,” says Mr. Kalanquin.
“In the medium-term, global electricity
output from floating offshore wind
turbines could reach as much as 50GW
per year, the equivalent of 40 nuclear
reactors. France has the second-largest
potential in Europe, with possible
operations on the Atlantic and
Mediterranean coasts.”
DCNS is also exploring ocean thermal
energy conversion. “This might be an
interesting resource, but there are still
important technological challenges to be
met,” Mr. Kalanquin says.
DCNS’s Irish subsidiary OpenHydro,
which already has commercial projects
underway in Scotland, the Channel
Islands, Canada, Northern Ireland and
France, plans to tap into the potential
of tidal energy, which uses the strength
and speed of marine currents, is
regular and predictable, and has
minimal impact on seascape and the
environment.
“There are numerous high energy
sites globally where development of
tidal energy is most likely,
predominantly in the waters of the
UK, Canada, France and areas such
as Chile and North America,” Mr.
Kalanquin adds. DCNS companies have
almost a gigawatt of projects under
development. “We plan full delivery of
two of the world’s first grid-connected
tidal arrays in the coming months, in
France (Paimpol-Bréhat) and Canada
(Bay of Fundy), which will showcase
our technology on a commercial scale,”
Mr. Kalanquin says.
“W
e’re very happy with all the
agreements made during the
COP21,”saysJean-Christophe
Allo, Business Development Manager of
Sabella. “Now we’ll just need to wait and see
if all these agreements become reality.”
Sabella, meanwhile, is not hanging around.
The company is one of a number of French
businesses harnessing the power of the sea
to generate electricity.
After securing the funding it needs to expand
through a share issue in 2014, it installed its
innovative D10 turbine system off the coast of
Ushant in the English Channel and connected
it to the island’s grid in 2015.
Mr. Allo says that in contrast with its
competitors, the company drew on offshore
oil and gas expertise, including that of its
chairman Jean-François Daviau, to develop
an offshore, underwater system that would
produce energy, rather than modifying an
energy-producing technology to operate
underwater and offshore. The next step is to
install two further turbines at the Ushant site.
But that’s not all. France is now leading the
way with tidal turbine technology and Sabella
is making sure this French savoir-faire gets the
attention it deserves throughout the world.
Next on Sabella’s to-do list are two small
farms, producing around 5MW each, off the
coast of the Philippines and Indonesia.
“We’re quite happy with our philosophy
of focusing on remote grids and small
islands, because this is what we need to
convince investors,” says Mr. Allo. Because
of the specific conditions needed for it to
operate, tidal turbine power is never going to
account for a sizeable proportion of any large
country’s power – Mr. Allo estimates there is
the potential for about 100GW worldwide,
and in France, tidal turbines could eventually
generate from two to four percent of the
country’s energy needs. But for remote island
communities that are not connected to a
traditional electricity grid, the technology can
be a perfect solution. “We already cover from
10 to 15% of Ushant’s energy consumption.
That will increase to 50% with the next project.
On a national or continental scale it is not that
significant, but tidal turbines can bring a lot
of energy on a local scale.”
As for Sabella, as more orders roll in, the cost
of installing tidal turbines will come down, says
Mr. Allo. The company is hoping to open a
manufacturing plant in around 10 years’ time,
provided that it can first win a commercial
contract large enough to support production.
CASE STUDY
Brittany-based Sabellahas built on expertise in the oil and gas industry to become a pioneer in tidal turbine
technology that could transform how remote islands around the world generate their power. Now, with its first full-
scale turbine up and running off the Breton island of Ushant, the company is gearing up to make waves.
DID YOU KNOW ?
70%
OF THE PLANET IS
COVERED WITH OCEANS
AND TWO-THIRDS OF
THE WORLD’S POPULATION
LIVES LESS THAN 200 KM
(125 MILES) FROM THE SEA
6. French Flair06
#1 - Spring 2016 - Portfolio
ECO-QUARTIER
CLICHY-BATIGNOLLES/
QUINTESSENCE
Solar panels on the Quintessence
building are part of an ambitious
plan to install 35,000 sq. m. of solar
panels in the new Clichy-Batignolles
eco-district. They will produce nearly
3,500 kWh of electricity, enough to
cover about 40% of the electricity
needs of the Clichy-Batignolles
buildings.
RATP
Paris region public transport
operator RATP is switching
over to energy-efficient LED
lighting to save energy, improve
lighting quality and cut waste.
Montparnasse-Bienvenüe station,
the 150th to make the transition,
boasts colored LED lights on the
line 4 and line 12 platforms.
7. LA DEFENSE
The Grande Arche, which
dominates Paris’s western
skyline, is getting a makeover
as part of ambitious plans to
revamp La Défense, Paris’s
business district – alongside
new skyscrapers, developers
are also adding more green
spaces.
VELIB’
JCDecaux launched its first
bike-sharing scheme in Lyon in
2005 with the highly successful
Parisian version, Vélib’,
following two years later.
Vélib’ says 23,600 bicycles
are now available in Paris and
the surrounding suburbs, and
between 100,000 and 170,000
rentals take place every day.
AUTOLIB’
Electric car-sharing club
Autolib’ aims to cut pollution
and congestion, allowing
members to rent a zero-
emission vehicle from one of
hundreds of stations in Paris
and the wider Ile de France
region, and cutting down
the need for individual car
ownership.
#1 - Spring 2016 - Portfolio
French Flair 07