EDF Energy - statistics & facts
EDF Energy is one of the main gas and electricity providers in the United Kingdom. In 2023, the energy company accounted for almost 20 percent of the wholesale electricity generation market in Great Britain, the largest share in the territory. Being one of the Big Six energy companies in the UK, EDF Energy followed British Gas, E.ON, and OVO Energy as the leading domestic electricity supplier in the country that year.
After 2022, the UK has launched a new program for the expansion of nuclear energy, to ensure reliable power supply to the country and decarbonize the economy. With its clean electricity mix, EDF Energy will likely maintain its leading position in the UK’s energy generation and supply sector in the years to come.
Financial performance of EDF Energy
EDF Energy is a branch of the multinational electric utility company Électricité de France (EDF), headquartered in Paris. EDF Energy accounts for approximately a sixth of its parent company’s annual revenue. In 2023, the revenue of the UK subsidiary surpassed 20 billion euros. The nuclear power sector represented more than 95 percent of EDF Energy’s revenue from electricity generation in 2022. Over the past few years, the company has faced difficulties stemming from the COVID-19 pandemic, rising gas prices, and outages at nuclear facilities. In terms of complaints received from its energy customers, EDF Energy was the large energy supplier with the highest number of complaints in 2023.Helping Britain achieve net-zero
In line with the UK government’s commitment to achieving net-zero greenhouse gas emissions by 2050, EDF Energy is taking steps to decarbonize its business activities. Historically, EDF’s fuel mix has been dominated by nuclear power. The company operates the main nuclear power plants in the country (Heysham, Torness, Hartlepool, and Sizewell) and was building two reactors in 2024, namely Hinkley Point C and Sizewell C. While EDF’S electricity supply assets also include coal and gas, the company decommissioned its last fossil fuel-fired power plants in 2023. In addition, it is investing in the expansion of its wind, solar, and power storage portfolio. In 2023, EDF Energy was the company with the largest zero-carbon electricity generation in the country –excluding nuclear power-, at over 30 terawatt-hours.After 2022, the UK has launched a new program for the expansion of nuclear energy, to ensure reliable power supply to the country and decarbonize the economy. With its clean electricity mix, EDF Energy will likely maintain its leading position in the UK’s energy generation and supply sector in the years to come.
