Nuclear output and price cap hits EDF. Big six supplier EDF Energy has posted a €76 million drop in revenue in the first quarter of 2019 compared to the same time last year. Nuclear output amounted to 12.6TWh, down 2.5TWh from the first quarter of 2018 due to the Hunterston B inspection and to the extension of Dungeness B outage. Posting a trading update yesterday British Gas owner Centrica also blamed reduced nuclear output as being likely to have an impact on its financial results.
Utility Week 14th May 2019 read more »
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