EDF | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

EDF is an energy provider in the UK, supplying electricity and gas to homes and businesses. The company is committed to achieving...


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EDF is an energy provider in the UK, supplying electricity and gas to homes and businesses. The company is committed to achieving Net Zero by investing in low-carbon technologies, including wind, nuclear, and solar energy. With over 40 years of experience in providing low-carbon electricity, EDF is also focused on helping customers decarbonise their energy usage through innovative solutions such as heat pumps and electric vehicles.

Website
Headquarters
London, England
Size
10,001+ employees
Industry
Utilities
Specialities
Low carbon electricity, Nuclear generation, Energy efficiency, Sustainability, Dual fuel, Research & Development, Engineering, Apprenticeships, Renewables, Digital, Finance, Supply Chain, Project Management, STEM, Graduates, Sales & Marketing, Product Development, IT, Energy Services, Legal

🛍️ EDF Product and Pricing News →

👔 EDF CEO, Management and Leadership Team →

⚔️ EDF Alternatives and Competitors →

💼 EDF Hiring and Layoffs →

🤖 EDF Developer, Integration and Automation News →

📈 EDF Financials, Fundraising and Valuation News →

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🛍️ EDF Product and Pricing News

  • EDF has updated its B2B offerings with new tariff and supply prices effective from November 1, 2024, and released its Consolidated Segmental Statement for the year ended December 31, 2023.
  • EDF introduces Wholesale Market Services to optimize energy assets and facilitate market access, supporting the UK's low-carbon goals.
  • On October 31, the Czech anti-monopoly office preliminarily rejected EDF's appeal against ČEZ's decision to negotiate exclusively with KHNP for new nuclear plants at Dukovany.
  • EDF now offers Power Purchase Agreements for renewable generation over 0.5GWh per year, down from the previous threshold of 1GWh.
  • EDF won Gujarat Urja Vikas Nigam's auction to supply power from 200 MW wind projects in India.

  • EDF Renewables UK and ESB's Neart na Gaoithe offshore wind farm, located off the coast of Fife, has generated its first power and will eventually power around 375,000 homes.
  • EDF is considering a lifetime extension for the Heysham 2 nuclear power plant, with Station Director Martin Cheetham discussing future prospects including small modular reactors.
  • EDF is offering a £50 cashback to new customers who sign up for their electric vehicle tariffs in November.

👔 EDF CEO, Management and Leadership Team


⚔️ EDF Alternatives and Competitors

  • National Grid
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  • CGN Power
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  • CEZ
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  • npower
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  • Vestas Deutschland
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  • Axpo
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  • Engie Portugal
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  • Centrica
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  • Saudi Power Procurement Company
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  • EDP
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  • RWE
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  • E.ON UK
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  • Enel
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  • Octopus
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  • Bulb
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  • Good Energy
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  • British Gas
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  • SSE
  • |
  • Ecotricity
  • |
  • Scottish Power
  • |
  • Apex Clean Energy
  • |
  • Terra-Gen
  • |
  • Invenergy

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💼 EDF Hiring and Layoffs

  • EDF is currently hiring a Data and Digital Manager (SPM) for Sizewell C in the United Kingdom.
  • Ryan Wood has started a new position as Project Manager at EDF (UK).
  • EDF is hiring an HR Business Partner for Early Careers at Sizewell C, based in Leiston, with travel to London and other sites required.
  • EDF is currently seeking a Volume Forecasting Systems Senior Analyst in the United Kingdom.
  • EDF (UK) is hiring a PPA Originator to join their market-leading PPA team, as announced by Tom Abbott, Director of PPA.

  • EDF is actively recruiting as part of their nuclear family campaign to encourage more women to join the nuclear industry.

🤖 EDF Developer, Integration and Automation News

  • EDF Renewables Australia has partnered with Swinburne University of Technology to launch a program supporting startups in energy transition innovation.
  • Kazakhstan plans to collaborate with EDF and Orano to build its first nuclear power plant, as agreed during the Macron-Tokayev summit.
  • EDF Renewables UK, in partnership with Roxburghe Estates and Federated Hermes, has contributed over £2 million through the Fallago Environment Fund to support various community projects in the Scottish Borders.
  • EDF partnered with Tata Consultancy Services to modernize its IT with Oracle C2M on AWS Cloud, optimizing billing by over 50% and increasing sales by 50%, saving over £3 million.
  • EDF Renewables North America secured a 20-year Energy Storage Power Purchase Agreement with Arizona Public Service for the 250 MW Beehive Battery Energy Storage System in Peoria, Arizona, expected to be operational in 2026.

  • EDF signed a contract with Eiffage for civil engineering at the Penly EPR2 site, with construction starting mid-2024 if permits are approved.
  • EDF is welcoming a large majority of Opus Energy customers to join them.
  • Red Sea Global signed a 25-year agreement with EDF and Masdar to develop and manage power and water infrastructure for the Amaala resort in Saudi Arabia.

📈 EDF Financials, Fundraising and Valuation News

  • EDF has published the 2023 Ofgem segmental report and is required to release a Consolidated Segmental Statement for its supply business.
  • On October 31, 2024, EDF successfully issued £500 million in senior bonds with a 40-year maturity and a 6.5% fixed coupon.
  • EDF has raised $4 billion to accelerate investments in renewable energy technologies and expand services for energy efficiency and carbon reduction.
  • EDF acquired CB Heating in 2023, now operating as EDF Heat Pumps, to advance the UK's transition to low-carbon living.
  • EDF received €4 billion in green bonds and around €7 billion in green loans between 2022 and 2024 for nuclear power projects.

  • On October 18, 2024, EDF successfully raised ¥35.8 billion through a 'Samourai' senior multi-tranche bond issue to finance its low carbon power strategy and refinance upcoming maturities.

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