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Electric Company, Electricity Companies

By: EconomyWatch Date: 17 July 2010

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Every region has a prominent electric company that dominates its electricity generation. The skewed contribution of different players in overall electricity production is also visible at the global level. The five leading electricity companies control 21% of the worldwide generation capacity. Among these, the contribution of Russia's RAO-UES is the highest, at 6.5%. The collective generation capacity of the world’s 200 prominent electricity companies accounts for more than 61% of the worldwide generation capacity. These main industry players are either large integrated units or organizations that are involved in electricity production alone.

Here’s a region-wise list of the prominent electricity companies that are involved in the supply and generation of electricity.

European Union

Electricité De France (EDF): In terms of supply, Electricité De France (EDF) controls 18.3% of the European electricity market.

Enel: Italy's largest electricity company ranks second in Europe in terms of installed capacity. With a total generation capacity of 94,300 MW, it caters to 61 million electricity and gas consumers spread across 22 countries.

ENI: In 2007, this Italian energy giant sold 33.19 TWh (terawatt hours) of electricity. By launching an integrated scheme of gas and power supply, the company expanded its presence in the domestic segment and acquired 120,000 customers.

RWE AG: This utility company offers electricity solutions to over 20 million customers.

Vattenfall: This Swedish energy conglomerate is a prominent player in the Northern European power market. In 2008, its annual revenues stood at €15 billion.

Iberdrola: This utility company is the world’s largest renewable energy producer and Spain’s largest nuclear power generator.

Asia Pacific

Huaneng Power International: China’s biggest independent electricity generator produced an impressive output of 41.824 billion kWh in the first quarter of 2009.

CLP Power Hong Kong Limited: This firm’s modern network responsible for the production, transmission and distribution of electricity caters to more than 2.2 million customers, which includes over 80% of Hong Kong’s population

Tenaga Nasional Berhad: Malaysia’s biggest electricity utility company and the largest power company in Southeast Asia generated 11,296 MW in 2007.

USA

The electricity market of the United States is dominated by Dominion Resources, American Electric Power and Northeast Utilities. PG&E Enersis, Comphania Sanea ADS, E.ON and ONEOk also have a significant share in total electricity generation and supply.

Australia

AGL Energy is Australia’s biggest electricity retailer. It has a total generation capacity of 1,700 MW. The company’s market capitalization stands at $4.8 billion and it caters to over six million consumers.

Russia