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Express News | The EPR nuclear reactor at the Flamanville Nuclear Power Station in France has started generating electricity.
France's nuclear energy generation reached a five-year high.
France's nuclear power generation has risen to its highest level since February 2020, helping to offset the decline in wind power generation in Europe. According to data from the grid operator RTE, as of 7:30 AM local time on Thursday, the generation capacity of the 56 nuclear reactors of Electricité de France (EDF) is 51,906 megawatts. Meanwhile, a model predicts that the wind power generation in Germany, Europe's largest electricity market, is only a small fraction of this figure. Additionally, EDF raised its nuclear power generation target for the second time this year on Wednesday. The company expects its generation capacity to be between 358 terawatt-hours and 364 terawatt-hours this year.
December 2024 Europe electrical utilities market monthly report: Wind power generation rebounds.
As wind power generation rebounded from low wind speeds last month, the electricity market in Europe is expected to loosen in December. The low wind speeds last month led to an increase in fossil fuel electricity generation to meet the demand for electrical utilities. Due to persistent demand destruction, winter electricity consumption in Germany, France, and the united kingdom is expected to remain subdued, lower than last year's levels. Nevertheless, with the increase in natural gas prices, forward electricity prices have risen, reflecting lower temperature forecasts and a decrease in wind power generation compared to the unusually high winds of 2023. With the winter approaching, the total electricity demand in Germany, France, and the united kingdom this month is expected to reach 142GW, an increase of 4.3% compared to November.
Express News | French electrical utilities group (EDF) has signed a 6 billion euro 5-year syndicated crediting agreement.
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November 21st (Eastern Time) - $Virtus Stone Harbor Emerging Markets Income Fund(EDF.US)$ is trading ex-dividend on March 13th, 2025.Shareholders of record on March 13th, 2025 will receive 0.06 USD
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November 21st (Eastern Time) - $Virtus Stone Harbor Emerging Markets Income Fund(EDF.US)$ is trading ex-dividend on February 13th, 2025.Shareholders of record on February 13th, 2025 will receive 0.06
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