Connection

popular articles

Ghana launches a 20 MW solar power plant with Renergy Solar
Blackrod thermal project receives IPC approval
EDF faces government dispute over nuclear financing and industrial electricity prices
Goldman Sachs forecasts a Brent price drop to $76 in 2025
France: A look back at the NFP, RN and Renaissance proposals

EDF: Significant Increase in Nuclear and Hydropower Production in 2024

In 2024, EDF recorded a significant increase in nuclear and hydropower electricity production, marking a turning point due to better industrial management and favorable climatic conditions.

Please share:

EDF reported a strong increase in electricity production in 2024, driven by nuclear and hydropower energy. According to published data, nuclear production in France reached 361.7 terawatt-hours (TWh), representing a 12.9% increase compared to 2023. This improvement translates to an additional 41.3 TWh.

Hydropower production also surged by 30.3%, reaching 50.5 TWh. This exceptional performance is partly attributed to 2024 being one of the wettest years in recent history, according to Météo-France.

Improved Industrial Management and Fewer Disruptions

EDF attributes these results to several favorable factors. Reactor maintenance outages were optimized, and issues related to stress corrosion, which had significantly impacted production in 2022, were brought under control. The management of inspections and repair projects enabled the company to overcome these technical challenges.

Additionally, 2024 was free from major climatic events and social movements, which often disrupt the energy producer.

Stable Performance in the United Kingdom

Internationally, EDF maintained stable nuclear production levels in the United Kingdom, producing 37.3 TWh in 2024. This stability was achieved despite unplanned outages at two major sites, Heysham 1 and Hartlepool. EDF, the operator of the five nuclear power plants in the UK, continues to manage an aging fleet while optimizing planned outages.

Historic Electricity Export Records

The high-voltage grid operator RTE (Réseau de Transport d’Électricité) reported record net electricity exports from France in 2024, reaching 89 TWh. This achievement surpasses the previous record set in 2002, highlighting France’s strengthened role as an electricity provider for its European neighbors.

This rebound contrasts sharply with 2022, when nuclear production dropped to 279 TWh, the lowest level in 30 years. This situation had forced France to import electricity for nearly the entire year, an unprecedented event in four decades.

Register free of charge for uninterrupted access.

Publicite

Latest news

Cypress Creek launches 104MW solar project with $150mn funding in the United States
Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp
Utah Becomes the Regional Epicenter of American Small Modular Nuclear Reactors
SkyFire Energy reaches 10 MW installed with Jayman BUILT and targets new projects
Shell appoints Colette Hirstius as head of US operations

Recently published in

Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp

US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
Shell appoints Colette Hirstius as head of US operations
Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
en_1140290962540
Shell appoints Colette Hirstius as head of US operations
Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
en_1140290962540
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540
ExxonMobil reports 6% drop in quarterly profit despite increased synergies
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
en_1140290963540
ExxonMobil reports 6% drop in quarterly profit despite increased synergies
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
en_1140290963540

Innergex shareholders approve 99.86% vote for full acquisition by CDPQ

Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
Chevron sees net profit drop 36% in Q1 2025
Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
en_1140290969540-2
Chevron sees net profit drop 36% in Q1 2025
Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
en_1140290969540-2
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2
TC Energy invests CA$2.4bn in nuclear and natural gas
TC Energy is committing CA$2.4bn to two major projects in North America, targeting rising energy demand and the long-term value of regulated assets.
en_1140290965540
TC Energy invests CA$2.4bn in nuclear and natural gas
TC Energy is committing CA$2.4bn to two major projects in North America, targeting rising energy demand and the long-term value of regulated assets.
en_1140290965540

Air Products posts $1.7bn net loss and exits three US projects

Air Products reports a substantial loss in Q2 of fiscal 2025, driven by charges tied to a strategic review of its US project portfolio.
Prospera Energy increases revenue by 38% and strengthens financial positioning
Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
en_1140290964540
Prospera Energy increases revenue by 38% and strengthens financial positioning
Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
en_1140290964540
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540
Brookfield Infrastructure secures $1.6bn through targeted asset sales in 2025
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
en_1140290979540
Brookfield Infrastructure secures $1.6bn through targeted asset sales in 2025
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
en_1140290979540

Maxeon restructures operations after 55% annual revenue drop

Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.
Technip Energies raises forecast after 22% revenue surge
Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.
en_1140290959540-16
Technip Energies raises forecast after 22% revenue surge
Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.
en_1140290959540-16
Iberdrola posts 27% drop in quarterly profit following exceptional asset sale
Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
en_1140290961540-17
Iberdrola posts 27% drop in quarterly profit following exceptional asset sale
Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
en_1140290961540-17
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2

Atlantic Petroleum cuts DKK90mn in debt and returns to profit in 2024

Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
Neoenergia sells 50% of Itabapoana Transmission to GIC for $24.8mn
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
en_1140290956540-15
Neoenergia sells 50% of Itabapoana Transmission to GIC for $24.8mn
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
en_1140290956540-15
BP sees quarterly profit plunge 70% under pressure from Elliott Management
BP announces a sharp drop in quarterly profit, as Elliott Management intensifies its demands to improve the British oil group's financial performance.
en_1140290951540-16
BP sees quarterly profit plunge 70% under pressure from Elliott Management
BP announces a sharp drop in quarterly profit, as Elliott Management intensifies its demands to improve the British oil group's financial performance.
en_1140290951540-16
Galp invests €295mn in Namibia, Brazil and Portugal despite profit decline
Galp recorded a net profit of €192mn in the first quarter of 2025, down 41% year-on-year, while ramping up investments in oil exploration and renewable energy projects in Namibia, Brazil and Portugal.
en_1140290949540-16
Galp invests €295mn in Namibia, Brazil and Portugal despite profit decline
Galp recorded a net profit of €192mn in the first quarter of 2025, down 41% year-on-year, while ramping up investments in oil exploration and renewable energy projects in Namibia, Brazil and Portugal.
en_1140290949540-16

Spire appoints Scott Doyle as president and chief executive officer following Steve Lindsey’s resignation

Spire Inc. announced the immediate appointment of Scott Doyle as president and chief executive officer and member of the Board of Directors, succeeding Steve Lindsey.
Enedis strengthens internal procedures after new corruption allegations
Electricity network operator Enedis has initiated disciplinary proceedings against nine employees and filed a new complaint with the National Financial Prosecutor's Office amid an investigation into false invoicing.
en_1140290943540-11-2
Enedis strengthens internal procedures after new corruption allegations
Electricity network operator Enedis has initiated disciplinary proceedings against nine employees and filed a new complaint with the National Financial Prosecutor's Office amid an investigation into false invoicing.
en_1140290943540-11-2
SBM Offshore launches €141 million share repurchase program after completing €130 million one
SBM Offshore announces the launch of its €141 million ($150 million USD) share repurchase program, following the completion of the €130 million program, as part of its strategy to reduce capital and support employee programs.
en_1140290943540-16
SBM Offshore launches €141 million share repurchase program after completing €130 million one
SBM Offshore announces the launch of its €141 million ($150 million USD) share repurchase program, following the completion of the €130 million program, as part of its strategy to reduce capital and support employee programs.
en_1140290943540-16
Air Liquide forecasts limited impact from tariff increases on its results
Air Liquide anticipates a limited direct impact from global tariff hikes, while expecting an increase in its operational margin for 2025, despite weak demand in certain industrial sectors.
en_1140290948540-15
Air Liquide forecasts limited impact from tariff increases on its results
Air Liquide anticipates a limited direct impact from global tariff hikes, while expecting an increase in its operational margin for 2025, despite weak demand in certain industrial sectors.
en_1140290948540-15

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS