EDF recorded a net profit of €11.4 billion in 2024, driven by increased nuclear and hydropower production. Despite falling electricity prices, the utility maintains strong financial results but faces financial and strategic challenges.
EDF recorded a net profit of €11.4 billion in 2024, driven by increased nuclear and hydropower production. Despite falling electricity prices, the utility maintains strong financial results but faces financial and strategic challenges.
Air Liquide has announced a 7.4% increase in its net profit for 2024, reaching €3.31 billion. Despite a 2% decline in revenue, the group is relying on improved operating margins and strategic investments to strengthen its market growth.
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Air Liquide has announced a 7.4% increase in its net profit for 2024, reaching €3.31 billion. Despite a 2% decline in revenue, the group is relying on improved operating margins and strategic investments to strengthen its market growth.
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EDF has signed nine letters of intent with energy-intensive industries, aiming for long-term electricity contracts totalling more than 12 terawatt-hours per year, backed by its nuclear fleet, with implementation planned from 2026.
EDF has signed nine letters of intent with energy-intensive industries, aiming for long-term electricity contracts totalling more than 12 terawatt-hours per year, backed by its nuclear fleet, with implementation planned from 2026.
The full assessment of costs and timeline for the construction of six EPR2 reactors by EDF has been delayed by several months, according to a source close to the electricity provider.
The full assessment of costs and timeline for the construction of six EPR2 reactors by EDF has been delayed by several months, according to a source close to the electricity provider.
Industrial minerals group Imerys plans to approve the investment for a lithium ore processing pilot plant in Échassières before summer 2025. Meanwhile, the company is seeking industrial and financial partners to support this strategic project.
Industrial minerals group Imerys plans to approve the investment for a lithium ore processing pilot plant in Échassières before summer 2025. Meanwhile, the company is seeking industrial and financial partners to support this strategic project.
Hexana and Tractebel form a strategic alliance to support the development of a sodium-cooled fast neutron reactor. Meanwhile, Blykalla and Newcleo collaborate on material research for lead-cooled reactors.
Hexana and Tractebel form a strategic alliance to support the development of a sodium-cooled fast neutron reactor. Meanwhile, Blykalla and Newcleo collaborate on material research for lead-cooled reactors.
Hyvia, Renault's hydrogen utility vehicle joint venture, has been placed in liquidation due to the slow adoption of the market and the high development costs associated with hydrogen technologies.
Hyvia, Renault's hydrogen utility vehicle joint venture, has been placed in liquidation due to the slow adoption of the market and the high development costs associated with hydrogen technologies.
The Orano group faces a difficult restart of its mining operations in Niger after losing control of its subsidiaries. The restart of the Somaïr mine could take nearly two years due to political tensions with the local junta.
The Orano group faces a difficult restart of its mining operations in Niger after losing control of its subsidiaries. The restart of the Somaïr mine could take nearly two years due to political tensions with the local junta.
Schneider Electric announced exceptional financial results for 2024, driven by strong demand in energy management and data centre sectors, despite a decline in its industrial automation business.
Schneider Electric announced exceptional financial results for 2024, driven by strong demand in energy management and data centre sectors, despite a decline in its industrial automation business.
The lawsuit filed by three NGOs and eight plaintiffs accusing TotalEnergies of involuntary manslaughter and harm to biodiversity has been dismissed by the French judiciary, citing insufficient evidence of infractions.
The lawsuit filed by three NGOs and eight plaintiffs accusing TotalEnergies of involuntary manslaughter and harm to biodiversity has been dismissed by the French judiciary, citing insufficient evidence of infractions.
