EDF facts for kids
|Traded as||Euronext: EDF
CAC Next 20 Component
|Jean-Bernard Lévy (Chairman and CEO)|
|Products||Electricity generation, transmission and distribution; energy trading|
|Revenue||€ 71.203 billion (2016)|
|€16.414 billion (2016)|
|€3.011 billion (2016)|
|Total assets||€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.
- nuclear: 64.3%;
- renewable energy: 12.3% (includes 4.6% from dams);
- gas: 8.6%;
- coal: 14.5%;
- other: 0.3%.
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.
EDF Facts for Kids. Kiddle Encyclopedia.