• CCPA – California Consumer Privacy Act
  • Contact Us
  • DMCA
  • Privacy Policy
  • Privacy Policy
  • Privacy Policy
  • Sample Page
  • Terms of Use
Yrt News
  • Home
  • Usa
  • Politics
  • Business
  • entertainment
  • World News
    • France
    • Europe News
    • Travel
    • Health
    • Tech
  • Sport News
  • Contact Us
  • Home
  • Usa
  • Politics
  • Business
  • entertainment
  • World News
    • France
    • Europe News
    • Travel
    • Health
    • Tech
  • Sport News
  • Contact Us
No Result
View All Result
Yrt News
No Result
View All Result

EDF: exceptional loss of 5.3 billion euros in the 1st half – Economy

by Patricia
July 28, 2022
EDF: exceptional loss of 5.3 billion euros in the 1st half – Economy


EDF suffered a historic loss in the first half of 5.3 billion euros, due to the drop in nuclear electricity production, linked to corrosion problems in certain reactors, and its contribution by the State to contain the French bill, he announced on Thursday.

This historically low production is the consequence in particular of the shutdown of 12 reactors out of 56 in France for corrosion problems, and 18 others for scheduled maintenance operations.

Strong growth in turnover

Turnover, on the other hand, rose sharply (+67.2%), to 66.262 billion euros, supported by the sharp rise in electricity and gas prices in Europe.

“The results for the first half reflect the difficulties encountered in terms of nuclear generation in France and to a lesser extent hydroelectricity, as well as the effect of the tariff shield put in place in France for 2022”, commented the CEO of EDF, Jean -Bernard Lévy, quoted in the press release.

The government has indeed forced EDF to sell more cheap electricity to its competitors to protect household bills.

The nuclear production forecast maintained

“These events force the group to buy electricity in a context of high market prices”, summed up the energy company, 84% owned by the French state, and whose government has planned 100% renationalization. in the coming months.

The group has also indicated that it is maintaining its “nuclear production forecast for the year in the range of 280 to 300 TWh”, a forecast “confirmed” by the validation on Wednesday by the Nuclear Safety Authority of its strategy to control the problems. corrosion encountered in its nuclear fleet.



letelegramme Fr Trans

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Previous Post

War in Ukraine: UK sanctions blogger for his videos

Next Post

Florida Democrats slam abortion rights groups for Fried snub

  • Home
  • Privacy Policy
  • CCPA – California Consumer Privacy Act
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms of Use

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Usa
  • Politics
  • Business
  • entertainment
  • World News
    • France
    • Europe News
    • Travel
    • Health
    • Tech
  • Sport News
  • Contact Us

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.