*** Welcome to piglix ***

Réseau de transport d'électricité

Réseau de Transport d'Électricité
Société anonyme
Industry Public utility
Founded July 2000 (July 2000)
Headquarters Paris, France
Services electricity transmission
Revenue 4,126 million (2007)
Number of employees
8,279 (2007)
Parent Électricité de France
Website www.rte-france.com

Réseau de Transport d'Électricité (Electricity Transmission Network), usually known as RTE, is the electricity transmission system operator of France. It is responsible for the operation, maintenance and development of the French high-voltage transmission system, which at approximately 100,000 kilometres (62,000 mi), is Europe's largest.

RTE is a wholly owned subsidiary of the partially public-owned French generator Électricité de France (EdF), headquartered in Paris. It is a limited liability corporation, known in France as a société anonyme.

RTE was formed as a result of European Directive No. 96/92/EC of December 1996, which directed that at least 26% of member countries' electricity sales be open to competition, and became law in France in February 2000. The directive required France to liberalise its electricity market by unbundling its generation and transmission activities, which until then had been fully controlled by EdF. RTE was established in July 2000 as a division of EdF, with a public charter to guarantee equitable access to its electricity market, and to secure the continuity and quality of electricity supply.

Further legal acts in July 2004 and August 2005 enforced the legal separation of RTE from EdF, transforming it into a limited liability subsidiary, and granted it trademark rights to its logo and the name Réseau de Transport d'Électricité.

RTE's activities are overseen by the Government regulatory body Commission de régulation de l'énergie (Commission for Energy Regulation) (CRE). CRE's duties in this regard include ensuring RTE facilitates access to its network, and to survey and regulate the electricity market while opening it up to competition.

RTE declared a turnover of 4,126 million in 2007, and yielding a profit of €466 million, both up slightly from the previous year, which RTE attributed to increases in network access payments and revenue derived from interconnector capacity auctions. The workforce in the same year was 8,279.


...
Wikipedia

...