EDF

EDF reported underlying earnings of almost €40 billion in 2023 and forecast output targets, adding that 46 of its reactors were online by the beginning of January. EDF reported underlying earnings of almost €40 billion in 2023 and forecast output targets, adding that 46 of its reactors were online by the beginning of January. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

It was branded the most expensive way to boil water. Not so long ago, many dismissed nuclear power as…

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,…

Rolls Royce and EDF are among the winners of a total of 54 million pounds ($65 million) of funding the British government announced to help research technology to remove greenhouse gases from the atmosphere. Britain has said greenhouse gas removal technology will be essential to help it meet its climate change target of net zero emissions by 2050, but currently just a handful of small projects are in operation globally. EDF won 3 million pounds to fund a Direct Air Capture (DAC) plant which could be powered using excess…

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…