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EDF Confirms Company Is Working On A Cost Cutting Plan
EDF Revises Upwards Its Annual Nuclear Output Estimate For 2020
Assystem Links With Hinkley Point C
Electricite de France SA (EDF SA) is a France-based electricity producer, marketer and distributor. The Company generates energy using nuclear technology, as well as thermal, hydroelectric and other renewable sources. It is involved in energy generation and energy sales to industries, local authorities and residential consumers. In addition, EDF SA manages low and medium-voltage public distribution network and involves in electricity transmission network. It also provides energy services, such as district heating and thermal energy services. The group is present in France, Belgium, the United States, Poland, Italy, China, Vietnam and other countries worldwide. The Company has such subsidiaries Dalkia (including Citelum), under Dalkia's brand and SINOP Energy Company, among others.
22-30, avenue de Wagram
Chairman of the Board, Chairman of the Executive Committee, Chief Executive Officer
Group Senior Executive Vice President, Group Finance, Member of the Executive Committee
Group Senior Executive Vice President, Human Resources, Member of the Executive Committee
Group Senior Executive Vice President, Group General Secretary, Member of the Executive Committee
Group Senior Executive Vice-President, Renewable Energies, Chairman and Chief Executive Officer of EDF, Renouvelables, Member of Executive Committee
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French utility EDF <EDF.PA> said on Thursday that nuclear power generation at its reactors in France plunged 25.1% to 21.3 terrawatt hours (TWh) year-on-year in June due to the effects of the coronavirus pandemic.
French state-controlled utility EDF <EDF.PA> has started preparing a cost-cutting plan worth between 2 and 3 billion euros ($1.13 billion), two sources told Reuters, confirming a report by French newspaper Le Monde.
State-controlled utility EDF <EDF.PA> overnight switched off the second reactor at Fessenheim, shutting down France's oldest nuclear power plant.
EDF Renewables UK has partnered with Welsh renewables company Octo Energy to identify and deliver 200 megawatts of hybrid solar and battery storage projects in England and Wales, the firm said on Monday.
EDF <EDF.PA> has agreed steps with unions to get parts of its business up and running again and will have to redouble its efforts to overcome the effects of the coronavirus crisis, CEO Jean-Bernard Lévy said in an electronic address to employees on Thursday.
French state-controlled power group EDF <EDF.PA> said on Tuesday it had agreed a joint venture partnership with China Energy Investment Corporation (CEI) to develop offshore wind farms in China.
French nuclear regulator ASN said on Thursday it was not aware of fresh delays in the construction of EDF's Flamanville 3 EPR nuclear reactor, despite the coronavirus outbreak disrupting works.
The Paris commercial court on Wednesday ordered French state-controlled utility EDF <EDF.PA> to accept the suspension of supply contracts with energy major Total <TOTF.PA>.
EDF <EDF.PA> on Thursday reported a 1% drop in first-quarter revenue to 20.7 billion euros ($22.4 billion) as nuclear power output at the French state-controlled utility fell on prolonged reactor outages.
Plummeting electricity demand and falling power prices during the coronavirus outbreak could leave EDF <EDF.PA> in need of a capital injection by the end of 2020 to avoid a spiralling debt crisis, a source close to the French firm and analysts said.
Electricity distributors in France cannot break contracts to buy nuclear power from EDF <EDF.PA> at pre-established prices, France's highest court has ruled, after some argued that the coronavirus outbreak materially altered the situation.
French utility EDF <EDF.PA> on Thursday extended outages at three nuclear reactors including the Flamanville 1 and 2 facilities by several months as it adjusts its maintenance schedule due to the coronavirus outbreak.
French state-controlled utility EDF <EDF.PA> said on Thursday it expected a sharp drop in its domestic nuclear power output to a record low in 2020 as a result of the fall in business activity caused by the coronavirus crisis, knocking its shares.
French state-controlled power group EDF said on Thursday it expected a sharp drop in its nuclear output as a result of the fall in business activity caused by the coronavirus crisis.
French state-controlled utility EDF <EDF.PA> withdrew its financial targets for 2020 and 2021 on Tuesday as the economic turmoil caused by the coronavirus pandemic impacted key areas of its business.
Energy major Total <TOTF.PA> is among several power suppliers that tried to declare force majeure on buying nuclear power from EDF, sources said, as the coronavirus outbreak has pushed prices in the French electricity market far below existing contracts.
Energy major Total is among several power suppliers that tried to declare force majeure on buying nuclear power from EDF, sources said, as the coronavirus outbreak has pushed prices in the French electricity market far below existing contracts.
Utility EDF <EDF.PA> said on Thursday it will apply for development consent later than planned to build its Sizewell C nuclear plant in Britain due to the coronavirus crisis.
French state-controlled power group EDF <EDF.PA> said on Monday it now expected its 2020 core earnings to be at the lower end of forecasts, as it deals with the impact of the coronavirus outbreak.
French state-controlled power group EDF has enough capacity to be able to keep the country supplied in the wake of the coronavirus crisis, EDF chairman and CEO Jean-Bernard Levy told Europe 1 radio on Friday.
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