While the State launched the energy process of the energy company, the latter announced that it had undergone one of the heaviest losses in its history. In question, in particular, the reduction in nuclear electricity production, linked to corrosion problems in certain reactors.
Le Monde with AFP
War in Ukraine, reactors at the stop … EDF combines setbacks this year. While the State launched the energy process of the energy of the energy company, the latter announced that it had lost 5.3 billion euros in the first half, Thursday, July 28. In question, the drop in nuclear electricity production, linked to corrosion problems in certain reactors, and its use by the State to contain the invoice of the French.
This historically low production is the consequence in particular of the end of 12 reactors out of 56 in France for corrosion problems, and 18 others for programmed maintenance operations.
Turnover is on the other hand in sharp increase (+ 67.2 %), at 66.262 billion euros, supported by the sharp increase in electricity and gas prices in Europe.
“The results of the first semester reflect the difficulties encountered in terms of nuclear production in France and to a lesser hydroelectric extent, as well as the effect of the price shield set up in France for 2022”, commented the president of EDF, Jean-Bernard Lévy.
The government has forced EDF to sell more inexpensive electricity to its competitors to protect the bills of households, summed up the energy company, 84 % owned by the French State, and whose government planned 100 % renationalization in the coming months.
“These events require the group to buy electricity in a high market price context,” summed up the energy company, 84 % owned by the French State, and whose government has planned renationalization 100 % in the coming months.
The group also indicated maintaining its “nuclear production forecast over the year in the range of 280 to 300 TWh”, a “reinforced” forecast by validation Wednesday by the nuclear security authority of its strategy for Control the corrosion problems encountered in its nuclear fleet.