In this article we are going to list the 10 largest power companies in the world. For a detailed coverage of this topic and a more comprehensive coverage please take a look at the 15 largest power companies in the world.
10. Korea Electric Power (NYSE:KEP)
Total market cap of the company (in billions of dollars): 13
Total revenue of the company in 2019 (in billions of dollars): 50.7
Total assets of the company in 2019 (in billions of dollars): 170.9
Total net income of the company in 2019 (in millions of dollars): -2,000
Korea Electric Power is one of the few companies in our list to have made heavy losses, which you would not expect from a company owned by the government of South Korea.
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9. Tokyo Electric Power
Total market cap of the company (in billions of dollars): 5
Total revenue of the company in 2019 (in billions of dollars): 58.9
Total assets of the company in 2019 (in billions of dollars): 110.8
Total net income of the company in 2019 (in millions of dollars): 5,200
Tokyo Electric Power is the biggest power company in Tokyo, and owned a nuclear power plant which was forced to shut down after an earthquake in 2007. After an earthquake and tsunami in 2011, another of its nuclear power plants was badly damaged, which is now popularly known as the Fukushima disaster, which is one of the worst nuclear disasters in the energy’s controversial history.
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8. Southern Co. (NYSE:SO)
Total market cap of the company (in billions of dollars): 64
Total revenue of the company in 2019 (in billions of dollars): 20.8
Total assets of the company in 2019 (in billions of dollars): 118.9
Total net income of the company in 2019 (in millions of dollars): 3,500
Southern Company is a gas and electricity company, and serves more than 9 million customers in just six states. The company has close to 30,000 employees.
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7. Exelon Corp. (NASDAQ:EXC)
Total market cap of the company (in billions of dollars): 42
Total revenue of the company in 2019 (in billions of dollars): 33.8
Total assets of the company in 2019 (in billions of dollars): 125
Total net income of the company in 2019 (in millions of dollars): 2,900
Exelon is one of the premier power companies in the United States, and employs around 34,000 people. It has more than 10 million customers across the United States and a fun fact that you may not know is, it is also the largest non-governmental operator of nuclear power plants in the world.
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6. NextEra Energy (NYSE:NEE)
Total market cap of the company (in billions of dollars): 146
Total revenue of the company in 2019 (in billions of dollars): 17.2
Total assets of the company in 2019 (in billions of dollars): 120.6
Total net income of the company in 2019 (in millions of dollars): 3,500
This American company has more than 46 gigawatts of operating capacity, and has more than 14,000 employees across the United States ans well as Canada. It is by far the biggest power company in the world if you only consider market capitalization, as NextEra’s market capitalization stands at $146 billion. It also owns many major subsidiaries which include Florida Power & Light, NextEra Energy Resources and Gulf Power Company among others.
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5. Engie
Total market cap of the company (in billions of dollars): 26
Total revenue of the company in 2019 (in billions of dollars): 67.2
Total assets of the company in 2019 (in billions of dollars): 179.4
Total net income of the company in 2019 (in millions of dollars): 1,100
The French power company is engaged in various fields which include electricity generation, electricity distribution, petroleum, renewable energy, and energy transition. The company has more than 171,000 employees and is one of the largest power companies in the world to majorly move away from fossil fuels and enter the renewable energy sector.
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4. Iberdrola
Total market cap of the company (in billions of dollars): 63
Total revenue of the company in 2019 (in billions of dollars): 39.7
Total assets of the company in 2019 (in billions of dollars): 136.6
Total net income of the company in 2019 (in millions of dollars): 4,100
The largest power company in Spain is also one of the largest in Europe, and operates not just in Spain but in dozens of countries across the world employing more than 34,000 people. It is the biggest wind power company in the world, which shows that it is one of the few top companies to actually use sustainable methods of power creation.
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3. Duke Energy (NYSE:DUK)
Total market cap of the company (in billions of dollars): 67
Total revenue of the company in 2019 (in billions of dollars): 25.1
Total assets of the company in 2019 (in billions of dollars): 163.6
Total net income of the company in 2019 (in millions of dollars): 3,700
Duke Energy is an American power holding company, which also has assets in Canada and is headquartered in Charlotte North Carolina. The company employs around 30,000 people.
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2. EDF
Total market cap of the company (in billions of dollars): 25
Total revenue of the company in 2019 (in billions of dollars): 79.8
Total assets of the company in 2019 (in billions of dollars): 340.4
Total net income of the company in 2019 (in millions of dollars): 5,100
EDF is a company in France, which is mostly owned by the government of France and is the second largest power company in the world, and in 2009, was actually the largest producer of electricity in the world.
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1. Enel
Total market cap of the company (in billions of dollars): 69
Total revenue of the company in 2019 (in billions of dollars): 86.6
Total assets of the company in 2019 (in billions of dollars): 192.4
Total net income of the company in 2019 (in millions of dollars): 2,400
Topping the list of the 10 largest power companies in the world is Enel, which is an Italian manufacturer as well as distributor of electricity as well as gas. The company is owned by the Italian government.
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