EDF’s Board of Directors on 29 July approved the condensed consolidated financial statements for the six-month period ended 30 June. The report showed that the COVID-19 pandemic had caused a slowdown in construction and maintenance of NPPs in both France and the UK, with further delays expected to the schedules for completing both the Flamanville and Hinkley Point C projects. EDF Chairman and CEO Jean-Bernard Lévy said, however, that despite the economic slowdown, “the impact of the crisis on our main financial indicators remains contained”. He added: “This context requires us to adopt a savings and disposal plan that will allow us to continue deploying our CAP 2030 strategy and to keep our debt under control. Decarbonising the economy, combining the fight against global warming and sustainable growth, is a development opportunity for EDF.” Nuclear output in France amounted to 174.0TWh, down 29.7TWh compared with the first half of 2019, around 13TWh of which was attributed to the health crisis. In the UK, nuclear output was 22.7TWh, down 1.8TWh compared with the first half of 2019. This was due to the schedule of maintenance operations and planned outages. Output was still negatively impacted by the outages of Hunterston B and Dungeness B NPPs. In Belgium, both nuclear and wind output were up.
Nuclear Engineering International 3rd Aug 2020 read more »
France’s new energy minister has called a major French nuclear project “a mess” in public interviews. The European pressurized reactor (EPR) that was commissioned for the Flamanville nuclear power plant, where it joins two existing pressurized water reactors, has been delayed and plagued by problems. The latest extension takes the project timeline from 13 years to 17 at least. The goal with the EPR design was to continue to kit out the world’s highest-output nuclear plants, with individual reactors that were more powerful and safer. The EPR uses less uranium because its chemical design is more efficient. And it’s not any kind of major technological leap; instead, it’s an iteration on a previous design that’s just a little bit better.
Popular Mechanics 3rd Aug 2020 read more »