Électricité de France

French multinational electric utility company

Electricite de France S.A. (EDF; "Electricity of France") is a French power company. It is mostly owned by the government of France. Its headquarters are in Paris. It earned €71.2 billion in revenues in 2016. EDF produces 120+ gigawatts of electricity in Europe, South America, North America, Asia, the Middle East and Africa.

Electricite de France S.A.
Company typeS.A.
EuronextEDF
CAC Next 20 Component
IndustryElectric utility
PredecessorCompagnie d'Électricité de l'Ouest Parisien Edit this on Wikidata
Founded1946; 78 years ago (1946)
FounderMarcel Paul
Headquarters,
Area served
Worldwide
Key people
Jean-Bernard Lévy (Chairman and CEO)
ProductsElectricity generation, transmission and distribution; energy trading
RevenueDecrease € 71.203 billion (2016)[1]
Decrease €16.414 billion (2016)[1]
Increase €3.011 billion (2016)[1]
Total assetsIncrease €281.640 billion (2016)[1]
Total equity€40.610 billion (end 2014)[1]
OwnerFrench State : (84.5%)[2][3]
Number of employees
158,161 (FTE, average 2014)[1]
SubsidiariesEDF Energy, EDF Luminus
Websitewww.edf.com

In 2009, EDF produced more electricity than any other power company in the world.[4] In 2011, it produced 22% of the European Union's electricity, most of it from nuclear power:

  • nuclear: 64.3%;
  • renewable energy: 12.3% (includes 4.6% from dams);
  • gas: 8.6%;
  • coal: 14.5%;
  • other: 0.3%.[5]

Its 58 active nuclear reactors (in France) are spread out over 20 sites (nuclear power plants). There are 34 reactors with 900 MWe, 20 reactors with 1300 MWe, and 4 reactors with 1450 MWe, all PWRs.

In 2017, EDF was scheduled to take over most of the power business of Areva, in a French government sponsored restructuring following financial and technical problems at Areva. In July 2017, France's Environmental Minister Nicolas Hulot said that up to 17 of France's nuclear power reactors — all of which are operated by EDF — could be closed by 2025 because of a new law about using less nuclear power.[6]

References change

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Annual Results 2016" (PDF). Électricité de France. Retrieved 27 November 2016.
  2. "Shareholding structure | EDF France". Edf.fr. 2016-12-31. Retrieved 2017-03-30.
  3. "Les participations publiques" (in French). Agence des participations de l'État. 30 April 2015. Retrieved 21 February 2016.
  4. AFP (August 2010)
  5. "Fuel Mix". EDF website. Retrieved 21 September 2016.
  6. "France could close a third of its nuclear reactors, says minister". 2017-07-10. Retrieved 2017-07-13.

Other websites change