Electricite de France SA (EDF.PA)
LONDON The upward trajectory of already unseasonably high British wholesale gas prices is showing no sign of slowing, putting pressure on the energy regulator Ofgem to raise its price cap next year.
PARIS, Sept 19 The French government plans to reform the way independent power firms buy nuclear electricity from state-run EDF, but has drawn criticism from the smaller firms which say the draft proposals will reduce competition and increase their costs.
PARIS France's nuclear electricity production fell 4.5 percent year-on-year in August due to a higher volume of unplanned outages, French state-controlled utility EDF said on Monday.
PARIS The shock resignation of the French environment minister may mean that EDF can not only extend the lifespan of its ageing reactors but could even build new reactors in France, the world's most nuclear-reliant nation.
LONDON Centrica will raise its standard energy prices for British Gas customers for the second time this year, it said on Wednesday, blaming rising wholesale costs.
PARIS First-half core earnings at France's EDF jumped nearly 18 percent to 8.23 billion euros ($9.6 billion) on strong hydropower output and a rebound in nuclear energy production , and EDF also slightly increased its 2018 earnings guidance.
PARIS Problems with weldings have forced French utility EDF to delay the start-up date for its troubled Flamanville 3 nuclear reactor to the second quarter of 2020 and pushed its cost estimate up to three times the original budget.
* Flamanville circuit weldings will take one year to repair (Adds EDF executives' comments)
PARIS France's state-controlled power group EDF pushed back the timetable for its Flamanville nuclear reactor project by a year, after it found further flaws, and added the project would now cost more than previously forecast.
PARIS, July 25 France's state-controlled power group EDF said there would be new delays to its Flamanville nuclear reactor project, after it found further flaws, and added the project would now cost more than previously forecast.