Subscribe free to our newsletters via your
  Energy News  




Subscribe free to our newsletters via your




















CIVIL NUCLEAR
Nuclear contaminates earnings of France's EDF
by Staff Writers
Paris (AFP) July 28, 2017


France's state-owned energy company EDF saw its profit slip in the first half of the year as two of its nuclear reactors were taken offline due to safety concerns.

Net profit slid 3.7 percent compared to the first half of last year to 2 billion euros ($2.3 billion), while operating profit tumbled 20.6 percent to 7.0 billion euros.

Production of electricity from its nuclear reactors fell 3.9 percent, with two reactors shut down due to concerns about equipment supplied by a contractor.

EDF operates 58 reactors and nuclear is the main source of electricity generation in France.

The company said negative market conditions and obligations to sell nuclear-generated electricity to competitors at a regulated price also hurt its earnings.

Meanwhile hydro power fell by 16.5 percent due to drought.

"In an unfavourable market context and in line with its forecasts, the Group is continuing to implement its performance plan and maintains its annual objectives," EDF's chief executive Jean-Bernard Levy said in a statement.

The firm is targeting a drop in operating profit to between 13.7 and 14.3 billion euros, from 16.4 billion euros last year.

Shares in EDF were flat in late morning trading, while the blue-chip Paris CAC 40 index was down 1.4 percent.

jmi/rl/jh

EDF - ELECTRICITE DE FRANCE

CIVIL NUCLEAR
Underwater robot probes inside Fukushima reactor
Tokyo (AFP) July 21, 2017
The operator of Japan's stricken Fukushima nuclear plant said Friday it is using an underwater robot in a renewed attempt to inspect damage suffered in a tsunami-induced meltdown. A massive undersea earthquake on March 11, 2011 sent a huge wave barrelling into Japan's northeast coast, killing more than 18,500 people, and sending three reactors into meltdown at the plant in the worst such acc ... read more

Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CIVIL NUCLEAR
Fungi that evolved to eat wood offer new biomass conversion tool

How enzymes produce hydrogen

New biofuel technology significantly cuts production time

Solving a sweet problem for renewable biofuels and chemicals

CIVIL NUCLEAR
UNIST hits new world efficiency record with perovskite solar cells

Measure adds Aerial Solar Plant Inspections to Drone Services Portfolio

Cubico completes acquisition of Andasol 1 and Andasol 2 concentrated solar power plants in Spain

India's ageing trains get green makeover with solar panels

CIVIL NUCLEAR
ABB wins $30 million order to support integration of offshore wind energy in the UK

GE's renewables not enough to boost overall revenue

Unbalanced wind farm planning exacerbates fluctuations

Algeria seen as African leader for renewable energy

CIVIL NUCLEAR
Sparkling springs aid quest for underground heat energy sources

Google's 'moonshot' factory spins off geothermal unit

Fighting global warming and climate change requires a broad energy portfolio

Low-carbon trajectory is the only option, European leaders say

CIVIL NUCLEAR
New chromium-based superconductor has an unusual electronic state

Molecular microscopy illuminates molecular motor motion

High-temperature superconductivity in B-doped Q-carbon

First direct observation and measurement of ultra-fast moving vortices in superconductors

CIVIL NUCLEAR
Cambodia bans overseas exports of coastal sand

Thousands protest call to curb incense burning in Taiwan

Soil filters out some emerging contaminants before reaching groundwater

Fewer 'good air' days in China despite official efforts

CIVIL NUCLEAR
Petronas drops massive natural gas project in Canada

Hess: Taxes mask improvements in the second quarter

After LNG project scrapped, TransCanada looks for more export options

Africa-focused Tullow Oil cuts costs, but keeps output steady

CIVIL NUCLEAR
For Moratorium on Sending Commands to Mars, Blame the Sun

Tributes to wetter times on Mars

Opportunity will spend three weeks at current location due to Solar Conjunction

Curiosity Mars Rover Begins Study of Ridge Destination




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement