Italy-based Enel is among the leading European electric utilities based on power sales. In 2022, it sold more than 321 terawatt-hours of electricity. German utility Uniper sold around 289 terawatt-hours’ worth of electricity that year, while E.ON’s electricity sales amounted to 261.7 terawatt-hours.
Industry’s merges and acquisitions
Since 2016, electricity sales of Uniper, E.ON, and RWE varied greatly due to several separations and merges among these companies. E.ON separated its fossil fuels’ power generation and energy trading operations into Uniper, with operations starting on January 1, 2016. The same year, RWE split its renewables, network, and retail businesses, creating Innogy SE. As part of an assets swap deal between E.ON and RWE, E.ON acquired Innogy SE in September 2019.
Global comparisons
Headquartered in Rome, Enel has operations worldwide, and as of May 2023 was one of the world’s largest electric utilities based on sales, at more than 132 billion U.S. dollars. It was only surpassed by French EDF, with sales of 150.8 billion U.S. dollars. Of the 10 largest electric utilities in the world based on sales, more than half were based in Europe. Enel was the largest European utility based on market capitalization in 2021.
Power sales of selected European electric utilities in 2022
(in terawatt-hours)
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Power sales in terawatt-hours
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Statista. (September 7, 2023). Power sales of selected European electric utilities in 2022 (in terawatt-hours) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/267066/largest-european-electric-utilities-based-on-power-sales/
Statista. "Power sales of selected European electric utilities in 2022 (in terawatt-hours)." Chart. September 7, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/267066/largest-european-electric-utilities-based-on-power-sales/
Statista. (2023). Power sales of selected European electric utilities in 2022 (in terawatt-hours). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/267066/largest-european-electric-utilities-based-on-power-sales/
Statista. "Power Sales of Selected European Electric Utilities in 2022 (in Terawatt-hours)." Statista, Statista Inc., 7 Sep 2023, https://www.statista.com/statistics/267066/largest-european-electric-utilities-based-on-power-sales/
Statista, Power sales of selected European electric utilities in 2022 (in terawatt-hours) Statista, https://www.statista.com/statistics/267066/largest-european-electric-utilities-based-on-power-sales/ (last visited September 01, 2024)
Power sales of selected European electric utilities in 2022 (in terawatt-hours) [Graph], Statista, September 7, 2023. [Online]. Available: https://www.statista.com/statistics/267066/largest-european-electric-utilities-based-on-power-sales/