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Nuclear: seven questions about the industrial disaster that threatens EDF.

Nuclear: seven questions about the industrial disaster that threatens EDF.
While the electricity supply is at risk for this winter, EDF is still
revising its production forecast downwards. At the origin of its
difficulties, microcracks located in a sensitive area of the reactor.
Extensive work is needed on the park.

How low will EDF’s nuclear production
go? Given the number of reactors affected by corrosion and the scale of the
work in progress, the energy company has further revised its electricity
production forecast downwards in 2022. It is now counting on production of
between 280 and 300 TWh against 295 and 315 TWh expected so far. Unheard of
since the end of the construction of the French reactor fleet.

Consequently, EDF has also revised its revenue outlook downwards. In 2022,
it is counting on a fall in its gross operating surplus (EBITDA) linked to
the collapse of its nuclear production of 18.5 billion euros, against 14
billion estimated previously. Overview of the main questions raised by this
unprecedented industrial disaster.

 Les Echos 19th May 2022

May 21, 2022 - Posted by | Uncategorized

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