A higher volume of reactor outages drove EDF’s nuclear output in France down by 3.8 terawatt-hours (TWh) in the first nine months of the year. Total electricity production from nuclear reactors in the country stood at 283.3 TWh in the period, which is 1.3% lower than a year ago. The output decline reflects the fact the Bugey 5 and Paluel 2 reactors were offline, along with Gravelines 5 and Fessenheim 2, in connection with the Creusot Forge plant. The unplanned outages at Flamanville 1 and Cattenom 1 also negatively impacted the nuclear power output, and after the temporary shutdown of the generation units at the Tricastin plant, EDF revised its nuclear output target for this year to 383-387 TWh.
Kallanish Energy 16t Nov 2017 read more »
[Machine Translation] Energy: can EDF disappear? While EDF is facing a large debt and an aging nuclear fleet, François Lenglet sheds light on the future of the company. For François Lenglet, the question of the disappearance of EDF “is a question that one would never have thought to ask because EDF, it was France, it was the energy independence of the country, it was its technological excellence during the Thirty Glorious and yet, this question arises today because the electrician accumulates the weaknesses: financial weakness because of a galloping debt and a declining profitability, commercial weakness because the competitors gain of the field, technological weakness because the central of the future, the famous EPR, accumulates delays and setbacks that will cost billions, “says the journalist.
France TV 14th Nov 2017 read more »
[Machine Translation] EDF, which announced the revision of its financial objectives, saw its stock dive 10% Monday on the stock market. Tuesday, the group announces the sale of its main Polish assets. And so tries to reassure himself. EDF blows hot and cold. Yesterday, the electrician suffered a cold shower on the stock market. After it revised its 2018 targets down, the stock plunged 10%, which represents a capitalization loss of about 4 billion euros. Today, EDF announces the finalization of the sale of its Polish subsidiary EDF Polska to the local PGE group. This transaction, which is worth PLN 4.7 billion (EUR 1 billion), involves eight thermal power stations, the Rybnik coal-fired power station in Silesia and nearly 400 kilometers of heating networks, which is good news for the group. It allows him to reduce his carbon footprint by 23%.
Challenge 14th Nov 2017 read more »
