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; 78 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]

References

1. "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

• Official website Archived 2008-09-08 at the Wayback Machine