kids encyclopedia robot

EDF facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Electricite de France S.A.
S.A.
Traded as EuronextEDF
CAC Next 20 Component
Industry Electric utility
Founded 1946; 75 years ago (1946)
Founder Marcel Paul
Headquarters ,
Area served
Worldwide
Key people
Jean-Bernard Lévy (Chairman and CEO)
Products Electricity generation, transmission and distribution; energy trading
Revenue Decrease € 71.203 billion (2016)
Operating income
Decrease €16.414 billion (2016)
Increase €3.011 billion (2016)
Total assets Increase €281.640 billion (2016)
Total equity €40.610 billion (end 2014)
Owner French State : (84.5%)
Number of employees
158,161 (FTE, average 2014)
Subsidiaries EDF Energy, EDF Luminus

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. 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%.

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.

kids search engine
EDF Facts for Kids. Kiddle Encyclopedia.