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

πŸ›οΈ EDF Product and Pricing News β†’

πŸ‘” EDF CEO, Management and Leadership Team β†’

βš”οΈ EDF Alternatives and Competitors β†’

πŸ’Ό EDF Hiring and Layoffs β†’

πŸ€– EDF Developer, Integration and Automation News β†’

πŸ“ˆ EDF Financials, Fundraising and Valuation News β†’

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πŸ›οΈ 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's Women's Network won the Outstanding Women’s Network of the Year award at the European Diversity Awards.
  • 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.

πŸ‘” EDF CEO, Management and Leadership Team


βš”οΈ 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
  • |
  • Saudi Power Procurement Company
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  • EDP
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  • RWE
  • |
  • 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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πŸ’Ό EDF Hiring and Layoffs

  • EDF is currently hiring a Data and Digital Manager (SPM) for Sizewell C in the United Kingdom.
  • EDF is currently hiring a Senior Originator in the United Kingdom.
  • Melissa Hiney has started a new position as Capability Lead at EDF (UK).
  • 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.

πŸ€– EDF Developer, Integration and Automation News

  • EDF Renewables, in partnership with Skyborn, EIH S.Γ .r.l, and CPP Investments, successfully commissioned the 500 MW FΓ©camp wind farm in France earlier in 2024.
  • EDF International, in partnership with Mulilo, Gibb-Crede, Pele Green Energy, and a community trust, is developing two large-scale Battery Energy Storage Systems in Northern Cape with a combined capacity of 360 MW/1440 MWh to stabilize the grid and integrate renewable energy.
  • EDF and Abraxas Power Corp. announced a strategic partnership to develop the Exploits Valley Renewable Energy Corporation's green hydrogen and ammonia project in Newfoundland, aiming for a final investment decision in 2026.
  • 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 Β£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 Β£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.

πŸ“ˆ 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 Β£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 Β₯35.8 billion through a 'Samourai' senior multi-tranche bond issue to finance its low carbon power strategy and refinance upcoming maturities.
  • EDF plans to invest over Β£50 billion in the UK by 2035 to develop 15GW of zero carbon electricity, covering about 25% of the country's current energy needs.
  • EDF, in collaboration with Mulilo, Pele Green Energy, and Gibb Crede, achieved financial close for the Oasis 1 battery energy storage systems projects on November 15 and 19, 2024, as part of South Africa's Battery Energy Storage Independent Power Producer Procurement Programme.

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