France rss

EDF ordered to check component records

Regulation and Safety

17 August 2017

Areva - Creusot Forge - 48France's nuclear safety regulator has opened a public consultation on a draft decision governing the review of manufacturing files at Areva NP's Le Creusot forge. This draft decision requires EDF to examine the manufacturing records of all components produced by the facility that are in use at its operating nuclear power plants.

EDF posts 3.7% fall in profit amid lower output

Corporate

31 July 2017

EDF recorded a 3.7% year-on-year fall in net income and a 2.6% dip in sales in the first half of this year - to €2 billion and €35.7 billion - with its nuclear power generation impacted by unplanned outages. The French state-owned group said the results were in line with expectations, despite the launch earlier this year of a €4 billion capital increase.

Areva implements capital increases

Corporate

13 July 2017

The restructuring of France's Areva group has taken a step forward with the implementation of a €2.0 billion ($2.3 billion) capital injection from the French state. NewCo - Areva's separated nuclear fuel cycle activities - is also to receive a €2.5 billion capital increase from the state by the end of this month.

MHI agrees to take 19.5% stake in New NP

Corporate

01 August 2017

Mitsubishi Heavy Industries (MHI) has formally decided to invest in Areva's reactor operations and signed investment agreements with both Areva Group and EDF to take a 19.5% stake in New NP.

Bugey 5 restarts following containment repairs

Regulation and Safety

27 July 2017

Bugey plant - 48French utility EDF has resumed operation of unit 5 at its Bugey nuclear power plant after receiving approval from the country's nuclear safety authority. The reactor had been offline for almost two years whilst tests and repairs were carried out on its containment.

EDF confirms Flamanville EPR start-up schedule

New Nuclear

12 July 2017

Flamanville_EPR - 48French utility EDF has said the EPR unit under construction at its Flamanville site in France will be connected to the grid in May 2019 and reach full power in November 2019. The dates are in line with the timetable for Flamanville 3 it gave in September 2015.