Many electricity companies in the world are switching to renewable forms of energy in order to increase their efficiency while leaving minimal impact on the environment. New entrants in the field can take hints from these companies on how to run their business in a greener way. Accordingly, here are five of the most efficient utilities companies around the world which can act as role models for others.
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Duke Energy, U.S.
Located in Charlotte, North Carolina, Duke Energy is a $49.3 billion worth electric power holding company that supplies and delivers energy to nearly 7.2 million customers in the U.S. The company has an electric generating capacity of over 57000 megawatts in Carolina, Florida and the Midwest in addition to having natural gas distribution services in Kentucky and Ohio.
Duke Energy also has an impressive portfolio pertaining to renewable energy assets.
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GDF Suez, France
Located in Paris, GDF Suez is a $4.5 billion worth multinational electric company, which was opened in July 2008. GDF holds over 35% stake in the Suez environment, a waste management and water treatment company dedicated to maintaining the cleanliness of the Suez Canal.
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Southern Co., U.S.
Located in Atlanta, Ga., Southern Co. is a $3.9 billion worth electric company that serves the southeastern region of the country in addition to having four electric utilities named Alabama Power, Gulf Power, Mississippi Power and Georgia Power in their respective states. The company can generate over 46000 megawatts of energy, which is used for its generation plants, low voltage distribution lines and high voltage transmission lines.
EDF, France
Considered to be one of the foremost leaders in Europeโs energy market, EDF is located in Paris and is worth a cool $35.5 billion. The company follows an integrated approach to electric utilities business and so is active in all areas, including generation, distribution, transmission, trading, energy supply, etc. The firm currently supplies energy to over 28.6 million customers throughout France.
Iberdola, Spain
Located in Bilbao, Iberdola is a $33.6 billion worth multinational electric company with branches in over 40 countries and more than 32 million customers worldwide. Some of the firmโs subsidiaries include Iberdola USA, Scottish Power in Scotland and Elekto in Brazil. Iberdola is now considered as Spainโs best energy group and is clearly a world leader in wind energy. It is also one of the top power countries in the entire world.
Summary
Here are some of the best electric utilities companies in the world. They are multibillion dollar worth companies and aim to improve the efficiency of their operations while minimizing carbon footprint. In doing so, these companies can act as effective role models for newer entrants.
