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Top 15 Transmission And Distribution Companies In The World

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Top 15 Transmission And Distribution Companies In The World

The following is a list of the top 15 transmission & distribution companies in the world.

15. Duke Energy

Duke Energy, located in Charlotte, N.C., is valued at $49.3 billion. It is the largest electric power holding corporation in the United States, with roughly 7.2 million consumers served. In the Carolinas, the Midwest, and Florida, Duke has about 57,700 megawatts of electric producing capacity, as well as natural gas distribution services in Ohio and Kentucky. In North America and Latin America, Duke’s commercial and international companies own and manage a broad portfolio of power production assets, including a portfolio of renewable energy assets.

14. GDF Suez, France

GDF Suez, headquartered in Paris, is a global electric corporation with a market capitalization of $45 billion. The firm, which was created in July 2008 when Gaz de France and Suez merged, can trace its roots back to the Universal Suez Canal Co., which was founded in 1858 to build the Suez Canal. Suez Environment, the water treatment, and waste management company split out from Suez at the time of the merger, is also owned by the corporation.

13. Southern Co.

The market capitalization of Atlanta-based Southern Co. is $39.6 billion. Alabama Power, Georgia Power, Gulf Power, and Mississippi Power are four of the company’s electric utilities that serve the Southeast. It has about 46,000 megawatts of generating capacity and 4.4 million consumers. Generation plants, high-voltage transmission lines, and low-voltage distribution lines are all part of the operations. Its competitive generation company also builds, buys, and operates generation assets, as well as selling energy on the wholesale market.

12. Iberdrola

Iberdrola, located in Bilbao, operates in almost 40 countries, with nearly 32 million consumers, and a market capitalization of $33.6 billion. Scottish Power (Scotland), Iberdrola USA, and Elektro (Brazil) are just a few of the subsidiaries. Over the previous ten years, the firm has experienced a significant change, allowing it to rise through the ranks to become the number one Spanish energy group, the world leader in wind energy, and one of the world’s top power corporations. The firm has established the groundwork for future expansion after more than 150 years of progress.

11. Dominion Resources

Dominion Resources, located in Richmond, Virginia, is one of the country’s major energy producers and transporters, with a portfolio of around 23,500 megawatts of generation and a market value of $32.7 billion. Dominion owns and operates natural gas transportation, gathering, and storage pipelines totaling 11,000 miles, as well as electric transmission lines totaling 6,400 kilometers. The company maintains one of the nation’s largest natural gas storage networks, with a capacity of 947 billion cubic feet, and serves retail energy customers in 15 states.

10. E. ON

E. ON, based in Düsseldorf, is one of the world’s largest investor-owned electric utility service providers, with a market value of $32.5 billion. It has over 26 million members and is available in more than 30 countries. E. ON inherited the Central and Eastern European subsidiaries of VEBA, VIAG, and Ruhr gas because of mergers. It also has a presence in Russia, where it has a 6.4 percent interest in Gazprom and controls the OGK-4 generating business, as well as throughout much of Scandinavia.

09. Enel, Italy

Enel, located in Rome, is the country’s largest utility, with a market capitalization of $32.2 billion. It has a total installed capacity of 39,979 MW, produces 79 TWh per year, and serves over 31.3 million consumers. With 4.3 million consumers, the business has become Italy’s second-largest gas provider since 2006. Enel Green Power oversees 3,068 MW of renewable energy facilities.

08. NextEra Energy

With a market value of $31.6 billion, NextEra Energy, located in Juno Beach, Fla., is the largest wind and solar power generator in North America. The firm operates around 125 plants in 24 states and Canada, with a total capacity of 17,771 megawatts. Nearly all of NextEra’s power is generated from clean or renewable sources.

07. Exelon, U.S.

Exelon Corp., located in Chicago, has operations and commercial activities in 47 states, the District of Columbia, and Canada, with a market value of $28.5 billion. The firm has about 34,700 megawatts of capacity, making it one of the cleanest and most cost-effective power generating fleets in the country. Exelon’s utilities serve more than 6.6 million consumers in central Maryland (BGE), northern Illinois (ComEd), and southeastern Pennsylvania with electricity and natural gas (PECO).

06. General Electric

In 2019, General Electric (GE) recorded total sales of $95.2 billion, down 2% from the prior year. Renewable energy and power industries brought approximately $33.96 billion in sales. Revenues in the renewable energy sector grew by 7.8% in 2019, while revenues in the electricity segment decreased by 15.9% year over year owing to reduced unit sales and services revenues. Higher sales of equipment and services drove growth in the renewable energy industry.

05. The Kansai Electric Power Co

Revenues of Kansai Electric Power Co (KEPCO) fell by 4.9 percent year over year. As part of its international investment aspirations, the firm purchased 17.67 percent of Electricity Northwest in the United Kingdom in 2019. In accordance with the Electricity Operations Act of Japan, KEPCO also announced the transfer of its power transmission and distribution business to Kansai Transmission and Distribution, a new 100 percent-owned subsidiary company. In April 2020, the split was accomplished.

04. Chubu Electric Power Co

Due to a fuel cost adjustment charge, Chubu Electric Power Co’s (Chubu) revenues grew by 1% year over year in 2019. The customer services and sales category had a 3.2 percent rise in revenue, while the electricity network services segment saw a 0.6 percent increase. In addition to nuclear power, Chubu plans to build 2GW of renewable energy sources by 2030. The company’s thermal power business was integrated into its subsidiary JERA Co in April 2019, which was the first move in this approach. The corporation also intends to split up its transmission, distribution, and sales operations into distinct entities.

03. Southern Company

Due to the sale of Gulf Power and other assets, Southern Company’s operational revenues fell 8.8% year over year. In 2019, the company’s primary emphasis was on decreasing non-renewable assets. Its coal-fired generating capacity has shrunk by 2 GW, and renewable energy sources currently contribute for 17% of total producing capacity. The 100MW Wildhorse Mountain wind farm in Oklahoma was finished in 2019, and significant construction goals for Plant Vogtle units three and four were met. Construction on the 136MW Skookumchuck wind farm and the 200MW Reading wind farm has also continued.

02. Engie

Engie’s income grew by 5.4 percent year over year in 2019, thanks to the nuclear and renewable energy sectors. The nuclear branch of the firm benefited from the increased availability of Belgian production units. It intends to concentrate on growing its business by narrowing its geographic focus and focusing on areas with growth prospects. Engie also plans to stick to a fixed operating budget while investing strategically in company expansion.

01. Electricite de France

Revenues at Electricite de France (EDF) grew by 4% in 2019, thanks to the renewable energy sector, as well as power, generating, and distribution businesses in the United Kingdom and Italy. In 2019, the firm increased its investments in renewable energy, such as wind and solar. During the year, work on roughly 4.4 gigawatts of renewable energy projects began, including 2 gigawatts of offshore wind. The 400MW Sinop dam in Brazil and unit two of China’s Taishan nuclear power plant were among the major energy projects completed in 2019. During the year, work on the 420MW Nachtigal dam in Cameroon got underway.

During the year, EDF carried out three major plans: a solar plan involving the purchase of 2,000 hectares of land, a storage development plan involving the acquisition of Pivot Power in the United Kingdom, and an electric mobility plan aimed at marketing the company’s electric mobility solutions in four of its target countries. As part of the electric mobility strategy, the firm recently purchased Pod Point, a UK-based charging station operator.

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