EMEA > Uniper charts 15% drop in ETS-covered fossil output, EDF posts record loss

Uniper charts 15% drop in ETS-covered fossil output, EDF posts record loss

Published 12:08 on February 17, 2023  /  Last updated at 15:09 on February 17, 2023  / /  EMEA, EU ETS, UK ETS

German utility Uniper reported a 15% drop in fossil fuel burn covered by the EU ETS in full-year results published Friday, also taking a €4 billion hit to revenues after losing its Russian subsidiary due to the war in Ukraine, while France's EDF posted a record loss due to extreme lows in nuclear availability.
German utility Uniper reported a 15% drop in fossil fuel burn covered by the EU ETS in full-year results published Friday, also taking a €4 billion hit to revenues after losing its Russian subsidiary due to the war in Ukraine, while France's EDF posted a record loss due to extreme lows in nuclear availability.


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