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ENERGY

More Swedes favour nuclear phase out: poll

Some 36 percent of Swedes now support a phasing out of nuclear power, up from 15 percent in 2008 and having risen sharply after the disaster in Japan, a poll showed Tuesday.

More Swedes favour nuclear phase out: poll

The Synovate poll, published in the leading Dagens Nyheter (DN) daily, also showed that only 21 percent of Swedes are now in favour of further developing

the country’s nuclear power capacity, down from 47 percent in 2008.

The percentage of Swedes who want the country’s nuclear capacity to stay the same currently stands at 36 percent, according to the poll, up slightly from 33 percent three years ago.

Pollster Karin Nelson explained that Swedish public opinion towards nuclear energy had stayed relatively stable throughout the years, but shifted after the disaster at Japan’s Fukushima nuclear plant.

“We didn’t ask any questions related to Japan, but the shift (in opinion) is linked to the events there,” she told DN.

Sweden has 10 nuclear reactors at three plants and the country’s parliament passed a landmark bill last June allowing the reactors to be replaced at the end of their life spans instead of simply ending nuclear power when they expire.

The centre-right government announced earlier this month it was expanding its nuclear regulator’s mandate to include reviewing the safety of the reactors, in the aftermath of the accident at Fukushima.

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BUSINESS

France’s EDF hails €10billion profit, despite huge UK nuclear charge

French energy giant EDF has unveiled net profit of €10billion and cut its massive debt by increasing nuclear production after problems forced some plants offline.

France's EDF hails €10billion profit, despite huge UK nuclear charge

EDF hailed an “exceptional” year after its loss of €17.9billion in 2022.

Sales slipped 2.6 percent to €139.7billion , but the group managed to slice debt by €10billion euros to €54.4billion.

EDF said however that it had booked a €12.9 billion depreciation linked to difficulties at its Hinkley Point nuclear plant in Britain.

The charge includes €11.2 billion for Hinkley Point assets and €1.7billion at its British subsidiary, EDF Energy, the group explained.

EDF announced last month a fresh delay and additional costs for the giant project hit by repeated cost overruns.

“The year was marked by many events, in particular by the recovery of production and the company’s mobilisation around production recovery,” CEO Luc Remont told reporters.

EDF put its strong showing down to a strong operational performance, notably a significant increase in nuclear generation in France at a time of historically high prices.

That followed a drop in nuclear output in France in 2022. The group had to deal with stress corrosion problems at some reactors while also facing government orders to limit price rises.

The French reactors last year produced around 320.4 TWh, in the upper range of expectations.

Nuclear production had slid back in 2022 to 279 TWh, its lowest level in three decades, because of the corrosion problems and maintenance changes after
the Covid-19 pandemic.

Hinkley Point C is one of a small number of European Pressurised Reactors (EPRs) worldwide, an EDF-led design that has been plagued by cost overruns
running into billions of euros and years of construction delays.

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