EDF Group's revenue 2007-2022

Électricité de France (EDF) generated 143.5 billion euros in revenue in 2022, an increase of nearly 70 percent in comparison to the previous year. However, EDF’s net debt increased as well, peaking at 64.5 billion euros in 2022.

A multinational company

The French utility is one of the largest worldwide, and it was the biggest electric utility for sales revenue in the world in 2022. Since February 2023, the French government owns over 95 percent of the company, which is headquartered in Paris, France. Although this company contributes to generation capacity all over the world, most of its revenue is generated in Europe and most notably in France.

EDF, France, and nuclear power

The main source of EDF’s electricity generation is nuclear power, but this company also generates and distributes renewable energy. France has always been one of the largest consumers of nuclear energy in the world. Still, because of a technical revision, only 30 of its 56 nuclear reactors were active in November 2022 and only 43 in February 2023. The decrease in electricity production combined with the regulations set by the French government to protect energy costumers during the 2022 energy crisis caused EDF to report record losses in 2022.