The Latest Breaking News from EDF

Operating profit increased by 7.4% to reach £785m, although the retail arm reported losses

TORY MP Andrew Bowie has been urged to ensure nuclear power is never brought to Scotland and focus on investing in renewable energy after being…

The plant’s developer, French energy giant EDF, updated investors amid rising prices for building materials and labour

The national electricity generator EDF has reported one of the worst years in French corporate history, losing €18 billion and seeing debt rise to an unprecedented €65 billion in 2022. The impact of the Ukraine war and idling nuclear reactors spelt financial disaster for the state-controlled entity.

The update comes a day after British Gas owner Centrica saw profits to triple to around £3.3 billion for the past year

French firm’s 2022 pre-tax figure of £1.1bn in Britain relates to nuclear operations and higher energy prices

Paris (AFP) - EDF reported one of the biggest losses in French corporate history Friday, as fallout from the Ukraine war and idling nuclear reactors spelt financial disaster for the state-controlled energy giant.

Despite this, the French state-backed firm - which is behind the Hinkley Point C nuclear power station in Somerset - said its British business recorded an overall operating loss

This is up massively compared with an underlying profit loss of £21million in 2021, due to the rising cost of energy - but the French company made huge losses as a whole

One in five Energy Bill Support Scheme vouchers sent to help families cope with rising winter bills remain unused

French trade unions are planning a new day of strikes and demonstrations on Thursday, Feb. 16 against planned pension changes, trade union sources said on Wednesday.