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Newly appointed EDF CEO Luc Remont announced a record net loss of €17.9bn euros ($19bn) in 2022, but pledged to put the company back on track. Électricité de France (EDF) posted a loss before interest, tax, depreciation and amortisation (Ebitda) of €4.99bn, compared with positive Ebitda of €18bn in 2021. The company's net financial debt increased 50% in 2022 to €64.5bn up from €43bn the previous year. “The 2022 results were significantly affected by the decline in our electricity output, and also by exceptional regulatory measures introduced in France in difficult market conditions,” Rémont said.
- Source: NEI Magazine
- Date: Wednesday, 22 February 2023
- Original article: neimagazine.com/news/newsrecord-losses-for-edf-10612700
The International Atomic Energy Agenry (IAEA) has announced the release of the 2022 edition of Country Nuclear Power Profiles (CNPP), marking more than two decades since the initial launch of the Agency’s comprehensive guide on the status and development of national nuclear power programmes worldwide.
- Source: NEI Magazine
- Date: Saturday, 22 October 2022
- Original article: neimagazine.com/news/newsiaea-releases-annual-report-on-country-nuclear-power-profiles-10106867
The start of operations for the Flamanville 3 EPR reactor in France has been put back, with EDF saying the Covid-19 pandemic had made preparations "more difficult".
- Source: World Nuclear News
- Date: Thursday, 13 January 2022
- Original article: world-nuclear-news.org/Articles/Fresh-delay-to-Flamanville-blamed-on-impact-of-pan
After falling by about 1% in 2020 due to the impacts of the COVID-19 pandemic, global electricity demand will increase by 5% in 2021 and 4% in 2022, according to the International Energy Agency (IEA). However, almost half of this increase will be from fossil fuels - notably coal - threatening to push CO2 emissions from the power sector to record levels in 2022. Nuclear power generation is forecast to grow by around 1% in 2021 and by 2% in 2022.
- Source: World Nuclear News
- Date: Friday, 16 July 2021
- Original article: world-nuclear-news.org/Articles/Emissions-set-to-rise-with-growth-in-coal-use,-say