France’s EDF Cuts Nuclear Output Outlook on Power Supply Risks
- The utility blames the new cut on its checks of its reactors
- Output cut may revive tension on power prices, EDF’s finances
This article is for subscribers only.
Electricite de France SA cut its 2022 forecast for French nuclear output for the second time in less than a month, adding pressure on power supplies as Europe already grapples with a gas crunch and high energy costs.
The forecast was cut to between 295 and 315 terawatt-hours, from a range of 300 and 330 terawatt-hours, Paris-based EDF said in a statement Monday, citing the ongoing “control program” of its 56 nuclear reactors tied to the recent discovery of cracks on pipes on an handful of units.