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The Latest Breaking News from EDF

Cost of Hinkley Point C nuclear plant could inflate to more than £30bn

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

Birmingham Post

Electricity supplier EDF loses €18 billion, worst result in company's history

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.

Radio France Internationale

Energy giant EDF's profits soar after hiking price of electricity

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

Wales Online

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UK arm of EDF returns to profit as household electricity prices soar

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

The Guardian - UK

Energy giant EDF's profits up in the UK due to higher prices

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

Birmingham Post

EDF sees UK profits rocket to £1.12billion as millions struggle to pay energy bills

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

Daily Mirror

Thousands of energy vouchers not cashed in as deadline passes

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

Chronicle Live

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French unions target new day of protests against pension age change on Feb. 16 - union sources

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.

Reuters

EDF customer switched to smart meter but feels 'let down' by £100 deal

She took up an offer to install a smart meter before the end of the year and get £100 in credit

Bristol Post

Fixed-price energy customers face bill shock as standing charges soar

Consumers whose contracts are about to finish will find that some daily fees are increasing by 100%, regardless of whether they use any energy

The Guardian - UK

‘This is bullying’: How much of your money are gas suppliers holding?

Revelations that suppliers have been stockpiling credit amid soaring bills have sparked fears customers are being taken advantage of

The Guardian - UK

France seeks strategy as nuclear waste site risks saturation point

At a nuclear waste site in Normandy, robotic arms guided by technicians behind a protective shield manoeuvre a pipe that will turn radioactive chemicals into glass as France seeks to make safe the byproducts of its growing reliance on atomic power.

Reuters

Energy suppliers urged to stop 'outrageous' force-fitting of prepayment meters in homes

Grant Shapps has urged companies to suspend fitting the meters following reports that British Gas had been sending debt collectors to "break into" customers' homes

Daily Mirror

France hit by new nationwide strikes against Macron pension reform

‘For the president, it’s easy ... he sits in a chair’

The Independent UK

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Tribune News Service

Cracking under pressure: Inside the race to fix France’s nuclear plants

PARIS — Behind layers of security and a thick concrete wall, a team of welders work in shifts to fix the crippled Penly nuclear plant in northern France. Sweating under protective gear, they’re replacing cracked pipes in the emergency cooling system which protects against a reactor meltdown.

France 24

‘Robin Hood’ energy strikers give free power to French schools, hospitals, low-income homes

Amid national strikes in the energy sector, some workers in France have found a novel way to protest. On Thursday, "Robin Hood" operations – unauthorised by the government – provided free gas and electricity to schools, universities, and low-income households throughout the country.

Nottingham Post

Energy suppliers giving out free bill credit worth up to £250

How to claim that aid that power companies including British Gas, Ovo and Shell Energy are offering to eligible customers

Daily Mirror

Energy suppliers giving out free bill credit worth up to £250 - see if you're eligible

Five energy suppliers, including British Gas, Ovo and Shell Energy after giving out free bill credit worth up to £250 to their customers to help with rising costs this winter

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Birmingham Post

Consultation on Hinkley Point C fish protection measures launches

The environment agency has launched a four-week consultation on the changes

Bristol Post

National Grid's Demand Flexibility Service: Rules for EDF, British Gas and EON customers

Some energy providers are offering payouts of up to £100 to take part in all 12 demonstrations

The Guardian - UK

National Grid to pay households and businesses to cut electricity use again

Great Britain’s network operator looking to save up to 341MW between 4.30pm-6pm on Tuesday

Birmingham Post

'We will see a hailstorm of damage': Sacha Lord issues grim warning over withheld energy support to businesses

Sacha Lord, who is also the co-founder of The Warehouse Project and Parklife festival, is to meet MPs next week

The Guardian - UK

Coal power stations fired up and customers paid to cut energy use in UK cold snap

National Grid asks Drax and EDF to start warming three plants and says it will activate its live demand flexibility service on Monday evening

Daily Mirror

Woman gets £3,800 refund after following Martin Lewis website energy check advice

One Martin Lewis fan shared how she managed to get a refund worth £3,800 by following his advice and challenging her energy provider on the price of her direct debits

Radio France Internationale

France exports electricity to its European neighbours again

For the first time in months, France is a net exporter of electricity as a result of a mild winter, increased wind power production, and the re-starting of several nuclear reactors.

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