Électricité de France

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 type	S.A.
Traded as	Euronext: EDF CAC Next 20 Component
Industry	Electric utility
Predecessor	Compagnie d'Électricité de l'Ouest Parisien
Founded	1946; 79 years ago (1946)
Founder	Marcel Paul
Headquarters	Paris , France
Area served	Worldwide
Key people	Jean-Bernard Lévy (Chairman and CEO)
Products	Electricity generation, transmission and distribution; energy trading
Revenue	€ 71.203 billion (2016)[1]
Operating income	€16.414 billion (2016)[1]
Net income	€3.011 billion (2016)[1]
Total assets	€281.640 billion (2016)[1]
Total equity	€40.610 billion (end 2014)[1]
Owner	French State : (84.5%)[2][3]
Number of employees	158,161 (FTE, average 2014)[1]
Subsidiaries	EDF Energy, EDF Luminus
Website	www.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 MW_e, 20 reactors with 1300 MW_e, and 4 reactors with 1450 MW_e, 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]