Electricité de France (EDF) is a leading player in the European energy market. With a generation capacity of 130 GWe (of which 99 GWe is generated on French territory), it has the largest generation fleet in Europe. EDF operates in all sectors of the electricity industry. This includes both the deregulated activities of generation, supply and trading, and the regulated activities of transmission and distribution. The Group's primary market is France, but it has a solid presence in the United Kingdom, Germany and Italy, as well as subsidiaries in Spain, Poland, Hungary, Slovakia, Belgium, Austria and Switzerland.