EDF Group's revenue 2007-2020

Électricité de France (EDF) generated nearly 70 billion euros in revenues in 2020. The French utility is one of the largest in the world and is counted among the Big Six energy suppliers in the United Kingdom. The French government owns over 80 percent of the company, which is headquartered in Paris, France. It contributes to generation capacity all over the world, although, most of its revenue was generated in Europe, most notably in France. The number of people employed by EDF has also remained fairly steady over the last decade.

EDF, France, and nuclear power

The EDF Group is mostly reliant on nuclear power as an energy sources, however it also generates and distributes hydropower, wind power, and other renewables. In 2017, EDF acquired most of Areva’s reactor business operations. Areva was previously a public French company specializing in nuclear power and renewable energy. France has always been one of the largest consumers of nuclear energy in the world and has almost 60 operable nuclear reactors as of 2020. The country remains active in developing nuclear technology and exports reactors, fuel products, and services. The French government has declared that 17 EDF-run nuclear plants need to be closed by 2025 in line with EU targets. As a result, EDF Group is heavily invested in increasing the share of renewables in its energy mix, with a particular focus on hydroelectric power, solar, and wind energy.