The French electricity giant EDF said on Thursday that it had further revised the financial impact of the drop in its electricity production for 2022 to 32 billion euros, against 29 billion announced in September.
Weighed down by nuclear power plants shut down for maintenance or for corrosion problems, and by the obligation to sell a large part of its nuclear production at low prices, EDF is heading for a colossal loss this year;
it has already suffered a net loss of 5.3 billion euros in the first half.
“
Based on the estimate of nuclear production in France for 2022 at the bottom of the 280-300 TWh range and the 2022 forward prices as of October 7, 2022
”, the group assesses the impact of the drop in production on the EBITDA (gross operating surplus) at -€32 billion.
He has also experienced social movements in France since September, "
whose impact is being studied
", he said.
The EDF group, 84% owned by the State and soon to be 100% renationalized, also announced a turnover up 78% over 9 months to 101.5 billion euros against 57 billion compared to the same period in 2021.
Read alsoWhy the strike at EDF power plants risks increasing tensions on the electricity network this winter
It also announced a net gain of 939,000 customers over 12 months, thanks to the return of many customers attracted by its regulated tariffs.
But more customers and more electricity sold do not mean more profits for EDF.
The future CEO of EDF Luc Rémont, whose candidacy proposed by the Elysée Palace was validated by Parliament on Wednesday, must take the reins of the heavily indebted company from "
mid-November
", according to the wish expressed by the Economy Minister Bruno Le Maire on Thursday morning.