EDF Energy Holdings Ltd - Company Profile
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Business Description
EDF Energy's business portfolio includes nuclear power generation, thermal generation, gas storage, and customer supply services. The company owns eight nuclear power stations, seven of which are Advanced Gas-cooled Reactors (AGR) and one is a Pressurised Water Reactor (PWR). EDF Energy supplies electricity and gas to residential and business customers, with a focus on energy efficiency and smart meter installations. The company is involved in the development of electric vehicle charging infrastructure through Pod Point and has acquired CB Heating for heat pump installations. EDF Energy is also engaged in nuclear new build projects, such as Hinkley Point C and Sizewell C. The company provides wholesale market services and has a significant presence in the renewable power offtake market.
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R&D Overview
EDF Energy undertakes R&D initiatives that combine advances in science and engineering with digital innovations. The company focuses on improving performance in current activities and preparing for the future by exploring breakthrough technologies and business opportunities. Key areas include supporting the safety, performance, and life extension of the existing nuclear fleet, developing new nuclear projects like Hinkley Point C and Sizewell C, and researching cutting-edge digital technologies to enhance operational safety and efficiency. The company also prioritizes zero carbon applications, systems, and energy hubs, with research in smart grids, system flexibility, energy storage, decarbonization, and hydrogen production. The Innovation team focuses on innovations that accelerate the UK's journey to net zero, incubating ideas and building relationships with startups. The R&D Nuclear team manages and delivers programs supporting the safety, performance, and life extension of the nuclear fleet, prepares decommissioning plans, and develops new build projects. The team acts as an internal center of expertise in areas such as structural integrity, materials modeling, chemistry, corrosion, reactor physics, fuel, natural hazards, and climate science. Additionally, the Innovation team explores and drives the development of innovations adjacent to the core business, focusing on net zero goals.
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