EDF again cuts French 2017 nuclear output forecast

PARIS, Dec 15 (Reuters) – French state-controlled utility EDF on Friday again revised downwards its 2017 nuclear output forecasts for 2017 that because of reactor outages in past weeks.

EDF said nuclear output would be slightly below the target range of 383-387 terawatt-hours (TWh) it gave in October.

In a statement, however, the group confirmed its 2017 earnings before interest, tax, depreciation and amortisation (EBITDA) target of 13.4 – 14.0 billion euros.

The October revision — from an earlier projection of 385-392 TWh — came after the restart of EDF’s Tricastin nuclear power plant was delayed.

Source: Reuters