EDF’s 2017 core earnings fell 16.3 percent as the French utility struggled with nuclear reactor outages and lost a million customers, but its chief executive said he expected a rebound this year. Last year, EDF suffered extended unplanned outages as well as longer-than-expected maintenance outages at several of its 58 nuclear reactors in France, while the nuclear regulator ordered its four reactors in Tricastin, southern France, shut down for months for safety reasons. The outages led to a 21 percent drop in French electricity generation income to 4.8 billion euros, as nuclear power generation fell to 379 terawatthours (TWh), well below its initial target of 390-400 TWh. When all its reactors are up and running, EDF can produce up to 420 TWH per year. For this year, EDF forecasts output of at least 395 TWH. However, Levy warned that nuclear output would be lower again in 2019, when its Fessenheim nuclear plant will be permanently closed and its new reactor in Flamanville will still be ramping up to full production. Next year will also see several large-scale maintenance outages, he added.
Reuters 16th Feb 2018 read more »
Emmanuel Macron does not exclude the construction of new nuclear reactors in France.
L’usine Nouvelle 13th Feb 2018 read more »
What if Kipling lived in France in 2018? Not sure he would radiate confidence in the future … If you regret that we are hiding that wind and photovoltaic are now as competitive as nuclear … If you are ashamed to leave our children waste oozing death for thousands of years … If you consider it unbearable that the project landfill of Bure goes from 14 billion euros to 25 until we are told 32 … If you are panicked by the tide of billions it will take to dismantle these mountains of concrete evil waves … If you find in our army of reactors an old-fashioned air of East Germany … If you deplore that, everywhere in the world, the part of the nuclear power in the production decreases, except for us …If you curse François Hollande for not having, in this area as in others, nothing done in five years …
Paris Match 15th Feb 2018 read more »