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Wednesday, September 28, 2022
EDF provides update on UK’s existing nuclear fleet
EDF provides an update on its UK nuclear generation business today, to help develop understanding of its role in short term energy security, as well as helping the UK deliver longer-term policy objectives.
EDF has confirmed a change to the expected end of generation dates for two of its nuclear power stations. Heysham 2, in Lancashire, and Torness, in East Lothian, are now expected to continue generating until 31 March 2028.
The UK’s nuclear stations, run by EDF, reached a major milestone this week, clocking up 2000 terawatt hours (TWh) of zero carbon electricity – enough to power all the UK’s homes for more than 18 years.
Nuclear power has been quietly supplying up to 20% of the UK’s electricity for a few decades, helping limit the country’s carbon emissions. This contribution will change quickly as the existing fleet of nuclear power stations starts to retire from 2022, and so we are facin
EDF welcomes the completion of the agreement with Government for the AGR defueling and decommissioning programme
EDF CEO, Simone Rossi said: “We are committed to delivering value to the taxpayer via the Nuclear Liabilities Fund (NLF) and the revised arrangements provide the certainty we need to plan and deliver safe and cost-effective defueling.
EDF statement on capacity market auction (T-3 2022/23)
The capacity market is a Government scheme designed to ensure that there is sufficient capacity to ensure the security of electricity supply in Great Britain in future years. The latest auction – designed to secure capacity for three years ahead - cleared today at £6.44/kW, which represents very good value for electricity customers.