EDF.FR

EDF’s nuclear reactors normally export large amounts of electricity across Western Europe. Photo: STEPHANE MAHE/REUTERS…

PARIS— EDF SA EDF -0.08% warned of lower power generation this year across its nuclear reactors in France, dealing a setback to the country’s efforts to ride out Europe’s energy crisis amid a spell of unseasonably warm weather. EDF, the world’s largest owner of nuclear plants, said its French fleet of reactors are expected to produce between 275 and 285 terawatt-hours of energy in 2022, compared with a previous estimate of between 280…

PARIS— EDF SA, EDF -0.38% France’s state-controlled power company, said a rash of outages in its fleet of nuclear reactors is expected to wipe about $29 billion off its pretax earnings this year, a sign of the turmoil at one of Europe’s most important electricity producers as the continent confronts a cutoff of Russian natural-gas supplies. EDF has shut down 12 of its 56 nuclear reactors because of corrosion discovered on pipes that cool the reactor cores. The company,…

The West has begun to muster the money and political support to keep decades-old nuclear reactors from shutting down, aiming to maintain a crucial source of low-carbon electricity as many economies face an energy crunch.The U.S., France and a handful of other countries are planning to keep dozens of reactors running decades after their original operating licenses expire. Belgium is moving to allow two reactors that were set to close in 2025 to operate until 2036 to help Europe wean itself off Russian natural gas after the…

PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is about to cut off gas deliveries via its main artery to Europe.On Monday the Nord Stream pipeline, which runs 760 miles from northwest Russia under the Baltic Sea to Germany, will go into annual maintenance for 10 days, repairs that are routine in peaceful times. European officials say that Moscow, which has already cut gas deliveries to 40% of the pipeline’s capacity, might not…

PARIS—The French government said it would nationalize power company EDF saying the step is needed to manage the transition away from fossil fuels at a time of energy crisis and the war in Ukraine.Prime Minister Élisabeth Borne, addressing the National Assembly for the first time since President Emmanuel Macron appointed her to the role, said Wednesday that the government intended to hold 100% of EDF’s shares, compared with the 84% it owns currently. PARIS—The French government said it would nationalize power company …

PARIS—French prosecutors are investigating disclosure of safety issues at a nuclear-power plant run by EDF SA, EDF 6.32% the latest setback for the electricity giant as Europe struggles with high energy prices in the wake of Russia’s invasion of Ukraine. Prosecutors in Marseille opened the investigation last month, following a complaint from a former top official at the Tricastin power plant, located in the south of France, according to…