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

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  / Roy Manuell /  EMEA, EU ETS

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.