Vattenfall’s ETS-covered output dips as EDF forecasts heavy profit hit

Published 12:00 on October 27, 2022  /  Last updated at 12:00 on October 27, 2022  /  EMEA, EU ETS  /  No Comments

Utility Vattenfall reported a slight cut in its ETS-covered generation over the first three quarters of 2022 on Thursday, while nuclear powerhouse EDF forecast a €32 billion hit to profits due to multi-year lows for its reactor availability that has driven demand for coal and gas even higher across Europe.

Utility Vattenfall reported a slight cut in its ETS-covered generation over the first three quarters of 2022 on Thursday, while nuclear powerhouse EDF forecast a €32 billion hit to profits due to multi-year lows for its reactor availability that has driven demand for coal and gas even higher across Europe.

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