IN A CONTEXT OF FRENCH POWER OUTPUT SHORTFALL
AND HIGH MARKET PRICES
Luc Rémont, Chairman and Chief Executive Officer of EDF, commented:
“The 2022 results were significantly affected by the decline in our electricity output, and also by exceptional regulatory measures introduced in France in difficult market conditions. Despite all the challenges, EDF actively focused on service and support for all its residential and business customers, and made every endeavour to ensure the best generation fleet availability for the winter period. All the Group’s employees deserve praise for their dedication and great resilience in a difficult environment. 2022 also confirmed the new impetus for nuclear in France, and accelerated expansion for renewable energies. The French President, during its speech of Belfort announced a clear, coherent energy plan and the EDF group’s strategy is part of it. Our priority right now is improving EDF’s financial position, and I am confident that the benefits of the actions taken will begin to show in 2023.”
NB: see the whole press release in the PDF file opposite