Banks| Policies| Dodgy Deals| Campaigns
About us| Blog| Publications| Successes| Contact us| Donate
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2022-06-02 00:00:00
GFANZ must tighten the screw on fossil fuel expansion
2022-05-19 00:00:00
BNP Paribas and Société Générale: stop financing climate destruction and human rights abuses
2022-05-04 00:00:00
Barclays is big on beef and burning
2022-05-04 00:00:00
Standard Chartered’s 2022 AGM dominated by shareholder alarm over fossil financing
2022-05-20 15:14:47
Seven financiers abandon TotalEnergies' EACOP pipeline in a week
2021-12-16 13:33:02
Cambo oil field "paused" following pressure on Shell & banks
2021-12-16 13:04:42
Equator Principles improve transparency after BankTrack shows the way
2021-11-02 11:03:26
ANZ launches human rights grievance mechanism in a first for the global banking sector
Connect
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
2022-03-08 00:00:00
BankTrack Annual Report 2021
2022-03-03 00:00:00
Locked out of a Just Transition: fossil fuel financing in Africa
2021-12-14 00:00:00
Actions speak louder: Assessing bank responses to human rights violations
2021-10-26 00:00:00
Equator Compliant Climate Destruction: How banks finance fossil fuels under the Equator Principles
See all publications
Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Home › Companies
EDFFrance
About
Financiers
Projects
Impacts
Documents
News
Links
About
Financiers
Projects
Impacts
Documents
News
Links

On record

This profile is no longer actively maintained, with the information now possibly out of date

Send feedback on this profile
Download as PDF
By: BankTrack
Created before Nov 2016
Last update: 2020-12-22 00:00:00

Share this page:

EDF Nuclear Power Station. Photo: EDF
Sector Nuclear Electric Power Generation, Biomass Electric Power Generation, Hydroelectric Power Generation, Solar Electric Power Generation, Wind Electric Power Generation
Headquarters
Ownership

Shareholders

Subsidiaries
Website https://www.edf.fr/

About EDF

Like its rival and fellow French multinational AREVA, Électricité de France (EDF) is one of the biggest players in the global energy game. In fact, with more than 158,000 employees, a 2009 profit of 3.9 billion euros, and electricity generation operations in Europe, Asia, the Middle-East, Latin America, and Africa, they don't come any bigger: EdF is the world's largest utility and the French state owns 85% of it.

Three quarters of the 22% of Europe's electricity generated by EdF comes from the company's nuclear reactors. It operates 58 reactors in France alone. EdF has however, struggled to maintain some of its reactors. The hot summer of 2009 meant that inland reactors reliant on river water could not be cooled properly and therefore not operate. A third of France's nuclear generating capacity was out of action and EdF was forced to import electricity from the UK.

In the following winter 15 reactors were closed for various reasons meaning electricity again had to be imported - the equivalent of four nuclear reactors' production. In 2008, the French Nuclear Safety Authority (ASN) refused or suspended the accreditation of EdF's laboratories responsible for monitoring radioactivity around the company's sites because of shortcomings in their radiation monitoring methods.

EdF doesn't seem to be doing any better with its new reactors. Documents leaked by an EdF insider show that the over-budget and behind schedule so-called state of the art EPR reactor being built for EdF at Flamanville in France has defects in its control systems that could cause an ‘a Chernobyl-type accident'. EdF, in partnership with AREVA, is proposing to build four EPRs in the UK.

Impacts

Governance

Financiers

EDF has raised €2.4 billion ($2.8bn) in green bonds to fund the financing and refinancing of renewable energy projects to grow its portfolio to 50GW by 2030. Bond arrangers include JPMorgan, Barclays, BNP Paribas, Citigroup, Commerzbank, Credit Suisse, Deutsche Bank, Natixis, and Societe Generale. 

Related projects

Projects

active

Tapajós Hydroelectric Complex and Tapajós Waterway Brazil

Hydroelectric Power Generation
There are no projects active for EDF now.
on record

Grand Inga dam Congo, the Democratic Republic of the

Hydroelectric Power Generation
on record

São Luiz do Tapajós dam Brazil

Hydroelectric Power Generation

News

| |
Type:
Year:
blog
external news
our news

Fear of change could precipitate demise of Europe’s energy giants

New report illustrates failure to adapt to changing market conditions
2014-02-27 | Brussels | Greenpeace

Documents

Type:
Year:
ngo documents
2018-11-20 00:00:00

Last Gasp - The coal companies making Europe sick

2018-11-20 00:00:00 | Climate Action Network Europe
company documents
2009-05-17 00:00:00

EDF Group 2007 Sustainable Development Report

2009-05-17 00:00:00 | EDF Group
annual reports
2009-05-17 00:00:00

EDF Group 2007 Annual Report

2009-05-17 00:00:00 | EDF Group
company documents
2009-05-17 00:00:00

The Inspector General’s report on Nuclear Safety and Radiation Protection 2008

2009-05-17 00:00:00 | EDF Group
company documents
2009-05-17 00:00:00

Nuclear Map

2009-05-17 00:00:00 | EDF Group

Links

Activists demand nuclear plant closed

Garoña is an obsolete plant with serious safety problems. Its licence is due to end in July 2009. However, in its zeal to obtain more benefits, the owner company, Nuclenor (50 percent Endesa-50 percent Iberdrola), has asked for a 10 year extension.
http://www.greenpeace.org/international/news/activists-demand-promise-to-cl201109
Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Vismarkt 15
6511 VJ Nijmegen
The Netherlands

Tel: +31 24 324 9220
Contact@banktrack.org
©2016 BankTrack                Webdesign by BankTrack and EASYmind
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted