EDP - Energias de Portugal, S.A. · Lisbon Portugal ·(Pink Sheets: EDPFY)(Euronext Lisbon: EDP)
Company Description
Phone: +351-21-001-2500
Fax: +351-21-002-1403
Rankings
- #394 in FT Global 500
- Euronext 100
View EDP - Energias de Portugal, S.A. Locations On A US Map
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This link will open in a new window If you're from Portugal, you plug into EDP - Energias de Portugal, the state-controlled holding company for utilities that generate, transmit, and distribute electricity. EDP's distribution unit serves customers across Portugal and has stakes in Brazilian power distributors. In total, EDP serves 9.9 million electric customers. Other operations include a majority stake in Spanish utility HC Energía , gas distribution (790,000 customers), utility metering and billing, engineering, and water and wastewater projects. EDP's combined generating capacity of more than 15,600 MW from its domestic hydroelectric, fossil-fueled, and wind-driven plants. The Portuguese government controls about 20% of EDP. To read the full description, subscribe now.
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EDP - Energias de Portugal, S.A. Executives
42 executives listed for EDP - Energias de Portugal, S.A.'s Lisbon, location.
| Title | Name & Bio | Contact |
| Chairman, Supervisory Board | António de Almeida | Network |
| Vice Chairman | Alberto de Castro | Network |
| CEO | António Mexia | Network |
Competition
Competitive Landscape for EDP - Energias de Portugal, S.A.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top EDP - Energias de Portugal, S.A. Competitors
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