EDF Flags Lasting Power Crunch as Atomic Woes Extend to 2023
- Utility already said output this year would be at 30-year low
- Shutdowns are contributing to surging power prices in Europe
A nuclear power plant, operated by Electricite de France SA (EDF), in Paluel, Normandy, France.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Electricite de France SA made deep cuts to its forecast for French nuclear output next year, just days after slashing the estimate for 2022, as a heavy maintenance and repair schedule causes lasting disruption to European power supplies.