Électricité de France

Electricite de France S.A.
Company typeS.A.
Euronext: EDF
CAC Next 20 Component
IndustryElectric utility
PredecessorCompagnie d'Électricité de l'Ouest Parisien Edit this on Wikidata
Founded1946 (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

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.

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

  1. 1 2 3 4 5 6 "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.

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