EDF says Q1 revenues rise but nuclear output down (updated)

Electricite de France SA

28/04/2023 07:11

(Adds details on nuclear output)
       PARIS, April 28 (Reuters) - French nuclear power giant
EDF  EDF.PA  said first-quarter like-for-like sales rose by
34.6% to 47.8 billion euros  ($52.64 billion) thanks to higher
electricity and gas prices, though it reported a fall in nuclear
output due to reactor outages and strikes in France.
    EDF said nuclear production in its home country had declined
to 85.2TWh, or 6.5TWh less than in the first quarter of 2022. 
    "This decrease is explained by a lower nuclear fleet
availability, mainly due to outages for the controls and repairs
on the pipes affected by the stress corrosion phenomenon, and to
the impacts of social movements," EDF said in a statement. 
        It reaffirmed its estimate of nuclear output in France
for 2023 in the range 300-330TWh, after production fell to a
34-year low last year due to a record number of reactor outages.
  
    ($1 = 0.9081 euros)

 (Reporting by Benjamin Mallet, editing by Silvia Aloisi)
 ((silvia.aloisi@thomsonreuters.com; +393487607044; Reuters
Messaging: silvia.aloisi.thomsonreuters.com@reuters.net))