Our Group
Chart of the CTE group of companies as at March 1, 2023
RTE Réseau de Transport d’Electricité
RTE Réseau de Transport d’Electricité is the operator of the French electrical power transmission network which it also owns, maintains and develops. As such, it principally performs the following three functions:
- manages power flows: RTE Réseau de Transport d’Electricité is responsible for the supply/demand balance and makes adjustments, manages electricity flows and manages access rights to international interconnections, in collaboration with neighbouring network operators. It mobilizes reserves and compensates for losses. It makes the necessary accounting adjustments and resolves imbalances;
- manages the transmission infrastructure: RTE Réseau de Transport d’Electricité operates and maintains the public transmission network and is responsible for its development, for minimizing costs for the community and for ensuring the safety of the system, people and property; and
- guarantees access to the transmission network: RTE Réseau de Transport d’Electricité enters into contracts with transmission network users on the basis of network access tariffs and in accordance with rules of non‑discrimination.
In addition, Article L111-46 of the French Energy Code authorises RTE Réseau de Transport d’Electricité to participate in the identification and the analysis of any action proposed to be taken to control electricity supply, to the extent that such action may encourage a balance of supply and / or demand.
Shareholders
CTE is owned as follows:
owned by EDF
owned by Caisse des Dépôts
et consignations
owned by CNP Assurances (including CNP Retraite)
Below is a diagram describing the shareholding of CTE:
About EDF
As a major player in energy transition, the EDF Group is an integrated energy company active in all businesses: generation, transmission, distribution, energy trading, energy sales and energy services. EDF group is a world leader in low-carbon energy, having developed a diverse production mix based mainly on nuclear and renewable energy (including hydropower). It is also investing in new technologies to support energy transition. EDF’s raison d’être is to build a net zero energy future with electricity and innovative solutions and services, to help save the planet and drive well-being and economic development. The Group is involved in supplying energy and services to approximately 40.3 million customers (1), of whom 30.3 million in France (2), It generated consolidated sales of €143.5 billion in 2022.
(1) Customers are counted per delivery site. A customer can have two delivery points: one for electricity and another one for gas.
(2) Including ÉS (Électricité de Strasbourg) and SEI.
About Caisse des Dépôts et Consignations
Caisse des Dépôts and its subsidiaries are a public group, a long-term investor serving the general interest and the economic development of the territories. It brings together five areas of expertise: social policies (retirement, disability, dependency and health), asset management, subsidiary and equity monitoring, corporate financing (with Bpifrance) and the Bank of Territories.
About CNP Assurances
Present in 19 countries around the world, the CNP Assurances group is a leading player in the insurance industry with more than 6,500 employees and net profit of €1,939 million in 2022 (IFRS 4). A subsidiary of La Banque Postale, CNP Assurances is a member of the major public financial group. In France, CNP Assurances is No. 1 in property loan insurance, No. 2 in life insurance and, in 2023, will have integrated the property insurance activities of La Banque Postale, making it a comprehensive insurer of property and persons. It is the fifth largest insurer in Europe, particularly in Italy, which is now its second largest market after that of France. In Brazil, the Group’s solid growth has enabled it to reach third place. Based on a multi-partnership or “open” model, its solutions are distributed through long-term strategic partnerships. In total, more than 32 million people worldwide are insured by CNP Assurances for personal risk/protection and 14 million for savings and pensions. CNP Assurances is a responsible insurer and investor (€400 billion invested in all sectors of the economy). It works to promote an inclusive and sustainable society by providing solutions that protect and facilitate all life journeys for as many people as possible.
Composition of the Board of Directors
The composition of the Board of Directors of the company as of October 26, 2023 is as follows
- Ms. Louise Vilain, Chairman and Chief Executive Officer
- M. Pierre Casano, Director
- Ms. Corinne Delaye, Director
- M. Alexandre Pieyre, Director
- Ms. Anne-Laure Schnabele, Director
- M. Dimitri Spoliansky, Director
- Ms. Virginie Tant, Director
- M. Grégory Trannoy, Director