EDF raises to 29,000 million the negative impact on its accounts due to the stoppages of several nuclear power plants

MADRID, 15 Sep. (EUROPA PRESS) -

Électricité de France (EDF), a company that is undergoing a process of total nationalization by the French State, has published updated data on the impact that it will register in 2022 as a result of the different stoppages in several nuclear power plants that it has had to carry out due to a problem of corrosion in the pipes and due to the effect of the heat wave on the level of the rivers.

The French energy company has indicated that its 2022 accounts will collect a negative impact of 29,000 million euros. This represents an increase of 5,000 million compared to the impact expected in July, when it published its quarterly accounts. In May, the company had forecast a financial impact of 18.5 billion.

The financial impact is due to the fact that the production of its nuclear power plants will be lower than expected due to these stoppages. In May, it reported that it expected a nuclear production of between 280 and 300 terawatt hours (TWh). This Thursday has indicated that the production will finally be closer to 280 than 300. At the beginning of the year, EDF expects to produce a range between 295 and 315 TWh.

By 2023, the company expects to produce between 300 and 330 TWh worth of nuclear power, while forecasts for 2023 are between 315 and 345 TWh.

EDF currently has 32 of its 56 reactors in France down for maintenance. The company expects to restart 27 of them by December, while the other five are estimated to be operational again between January and mid-February 2023.