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Keyword:EDF
Greece to Set Up Cross-Ministerial Group to Study Nuclear Energy Deployment, with Focus on Small Modular Reactors
Greek Prime Minister Kyriakos Mitsotakis announced that Greece will establish a cross-ministerial group to study the scientific basis and legal framework required for the potential deployment of nuclear energy. The Greek government has approved the establishment of the relevant cross-ministerial body, laying the institutional foundation for subsequent assessment work. At a cabinet meeting held on July 30, Mitsotakis stated that an increasing number of countries are considering generating electricity using small modular reactors, and Greece cannot ignore this trend. He said Greece should at least conduct research and obtain complete data before making any decisions. The effort aims to keep Greece abreast of international nuclear technology developments and build a professional...
2026-08-04
EDF's Performance Declines as Nuclear Plants Affected by High Temperatures
EDF faced pressure in its first-half results, with net profit down 4.4% year-on-year to €5.2 billion. Despite an increase of approximately 8 TWh in French nuclear output, revenue still fell 3.3% to €57.45 billion. The company's half-year EBIT stood at €14.1 billion, with total electricity generation of 262.1 TWh, of which French nuclear plants contributed 189.9 TWh. Meanwhile, EDF also bore an additional €500 million in taxes, mainly related to the contribution on excess profits. Weak market prices reduced the value of electricity sold by EDF, while the company, fully state-owned, needs to fund capital-intensive industrial projects. As of end-June, EDF's net debt reached €51.5 billion, flat compared to the level at end-2025...
2026-08-01
France's Golfech nuclear power plant shut down for third time this summer due to high temperatures
France's Golfech nuclear power plant has been shut down three times this summer. Located approximately 100 kilometers northwest of Toulouse, the plant is operated by Électricité de France (EDF). On the evening of July 29, one of its reactors was shut down again due to extreme heat. EDF had previously shut down the reactor twice, from June 23 to July 3 and from July 9 to 27, to prevent cooling water discharged into the Garonne River from exceeding the 28-degree Celsius limit set by a 2006 decree. The Golfech nuclear power plant is located in the Tarn-et-Garonne department, and its cooling water is discharged into the Garonne River. Currently, another reactor at the plant is also shut down for maintenance and refueling. France has experienced its fourth heatwave since the start of summer...
2026-07-31
EDF plans to bring in investors for Nuward small modular reactor project by end of 2026
French utility EDF said on July 30 that it plans to bring in investors for its Nuward small modular reactor project by the end of 2026. The company stated that the related financing arrangements will be centered around European customers and industrial partners to support the development of a batch of initial reactors better aligned with user needs. Small modular reactors have not yet entered large-scale commercial production, but multiple companies worldwide are advancing the deployment of related technologies. Supporters believe that compared with traditional large nuclear power units, small modular reactors offer greater flexibility in deployment methods, application scenarios, and low-carbon energy supply. EDF is a state-owned French power company operating 57...
2026-07-31
Serbia and France Sign Nuclear Energy Cooperation Partnership Agreement
Serbia and France are deepening cooperation in the nuclear energy field, with both sides signing a significant partnership agreement. Serbian Minister of Mining and Energy Dubravka Đedović-Handanović announced via social media that the agreement was signed jointly by the Republic of Serbia, French electricity company EDF, and the French Development Agency AFD, aiming to lay the foundation for Serbia's peaceful nuclear energy projects. This cooperation will focus on strengthening Serbia's expertise, talent pool, and organizational capacity in the nuclear energy sector, while providing a scientific basis for future energy decisions. This partnership follows the Serbian government's reception of an EDF delegation and French Ambassador to Serbia Florence Ferrari...
2026-07-30
Two UK nuclear power plants approved for life extension until March 2030
EDF Energy and Centrica announced on July 22 that the operational lives of the Heysham 1 and Hartlepool nuclear power stations in the UK will be extended by another two years, until March 2030.Located in northern England, the Heysham 1 and Hartlepool nucl
2026-07-23