Electricite de France

From Wikicompany

Électricité de France (or EDF) is the main electricity generation and distribution company in France.

EDF is present in Europe, South America, Africa and China.

EDF is one of the world's largest producers of electricity. In 2003, it produced 22% of the European Union's electricity. It was primarily nuclear power and here is a rundown of the other power sources:

• nuclear: 74.5% (See also: Superphoenix nuclear power plant)
• hydro-electric: 16.2%
• thermal: 9.2%
• wind power and other renewable sources: 0.1%

Its 58 active nuclear reactors (in 2004) are spread out over 20 sites. They are comprised of 34 900MW reactors, 20 1300MW reactors, and 4 1450MW reactors.

EDF owns the British electricity company EDF Energy - a merger of London Energy, SWEB Energy and Seeboard Energy - which distributes 22% of Britain's electricity. Its call centres are based in London, Sunderland, Hove and Exeter.

Holdings

• In Europe EDF owns parts or all of the following companies:
  • Austria: 100 % ASA Holding, 100 % Vero, 20 % Groupe Estag
  • Belgium: 100 % Semobis
  • France: 100 % C2, 100 % C3, 100 % EDF (Capital Invest., Dév. Env., Intern.), 100 % Immob. Wagram Étoile, 100 % Richemont, 100 % Sapar, 100 % Sofilo, 99,86 % Gérance Générale Foncière, 80 % Sté Invest, ??based in Austria??, 74,86 % Électricité de Strasbourg, 67 % Dalkia Invest., 51 % TIRU, 50 % Cerga, 50 % Edenkia, 50 % Dalkia Intern., 50 % Immob. PB6, 50 % SIIF Énergies, 34 % Dalkia Hdg,
  • Germany: 45,81 % of EnBW in 2002 (35,38 % in 2001), 100 % EDF Ostalbkreiss, 100 % EDF Weinsberg, 50 % RKI.
  • Netherlands: 100 % Finelex, 50 % Cinergy Holding
  • Hungary: 95,56 % Bert, 60,91 % Demasz
  • Italy:
    • 15 % Italenergiabis (holding de contrôle d' Edison)
    • 100 % EDF Energia Italia which sells directly 2,2 TWh to Italy.
    • 100 % Fenice, 40 % Finei, 30 % ISE
  • Poland: 76,63 % Rybnik, 66,08 % Eck, 49,19 % ECW, 35,42 % Kogeneracja, 24,61 % Zielona Gora
  • Slovakia: 49 % SSE
  • Spain: 100 % Hispaelec
  • Sweden: 100 % Skandrenkraft, 36,32 % Groupe Graninge
  • Switzerland: 50 % Chatelot, 50 % Emosson, 14,25 % Groupe ATEL, 26,26 % Motor Colombus
  • United Kingdom: 100 % EDF Energy, created after the acquisition of Seeboard by London Electricity Group in July 2002, 100 % EDF Trading, 100 % EDF UK.
• In Africa:
  • Côte d'Ivoire: 50 % Azito O&M, 32,85 % Azito Energie
  • Egypt: 100 % Port Saïd, 100 % Port Suez
• In the Americas:
  • Argentina: 100 % EASA, 90 % Edenor, 45 % Sodemsa, 22,95 % Edemsa
  • Brazil: 100 % Lidil, 94,79 % Light (Light Energy, Light Overseas Investment) (35,29 % in 2001), 90 % Norte Fluminense
  • USA: 50 % EnXco
  • Mexico: 100 % Central Anahuac, 100 % Central Lomas del Rey, 100 % Central Saltillo, 100 % Controladora del Golfo, 100 % Rio Bravo 4, 51 % Altamira
• In Asia :
  • China: 85 % Synergie, 60 % Figlec, 19,6 % Shandong Zhonghua Power Cy
  • Vietnam: 56,25 % Mecco

History

The company was founded on April 8, 1946 as a result of the nationalization of a number of electricity producers, transporters and distributors by the Communist Minister of Industrial Production Marcel Paul.

EDF held a monopoly in the distribution, but not the production, of electricity in France until 1999, when the first European Commission directive to harmonize regulation of electricity markets was implemented.

Until November 19, 2004 it was a government corporation, but it is now a limited-liability corporation under private law (societe anonyme). The government plans to float 30% of its shares on the stock market by the end of 2005, and retain 70% government ownership.