The surge in energy prices continues to claim victims.
Even the giants of the sector can lose their feathers, such as EDF.
According to several sources familiar with the matter, the electrician's market activity subsidiary, EDF Trading (EDFT), suffered a loss of around 400 million euros in early October.
A historic “palm” in the sector, in an unprecedented market context, with prices four times higher than usual and sudden large-scale fluctuations.
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The soaring energy prices are not only unhappy
“The company never comments on its trading activities,”
says EDF spokesperson, while Bercy refuses to comment on the subject.
EDF, which publishes its third quarter results on November 10, should not have to spontaneously raise the issue.
And for good reason: this loss would have been offset by gains on the market.
Untenable position
The bet of an EDF trader has gone wrong.
He speculated on an upcoming drop in so-called
“winter peak France”
electricity
(produced and delivered between 8am and
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