Top 10 Power Producers in the World in 2021 by Revenue
State Grid Corporation of China, Uniper SE, Fortum Corp, Electricite de France SA, and Enel SpA are the top 5 power producers in the world by revenue in 2021. Collectively, the top 10 power producers generated revenue of $1,257,578 million, with average revenue growth of 56%, where the highest revenue was registered by State Grid Corporation of China ($385,504 million), while the lowest revenue was registered by Tokyo Electric Power Co Holdings Inc ($55,340 million). The highest revenue growth increase was registered by Fortum Corp (137.9%), followed by Uniper SE (234%), and the lowest revenue growth was registered by Siemens AG (14.8%). In terms of the geographic split, 7 out of 10 of the world’s largest power producers are headquartered in Europe, while the rest are based in the Asia-Pacific. They employed a total of 2,410,527 people in 2021. The China-based State Grid Corporation of China is the leading power producer in the world (by revenue). The company reported revenues of $385,504 million for the fiscal year ending June 2021 (FY2021). The company is a state-owned power utility. The company’s core business includes the construction and operation of power grids. It focuses on research and development of ultra-high voltage (UHV) transmission and smart grid technologies. SGCC owns proprietary intellectual property rights and promotes the export of technology and related equipment. It also operates large-scale commercial UHV projects. The company employs 1,520,000 people. Uniper SE (Uniper), a subsidiary of Fortum Corp, is one of the leading power producers in the world (by revenue), it generates, trades, and markets energy; and procures, stores, transports, and supplies commodities such as natural gas, coal, LNG, and energy-related products. It also produces steam and compressed air and delivers them to industry customers, and heat to households. It has power generation facilities in the UK, Czech Republic, Germany, Russia, Sweden, France, the Netherlands and Hungary. Uniper employed 11,249 people in 2021.