* French utility EDF (
EDF.EQ) on Thursday said it was withdrawing its 2022 earnings guidance after the government announced the increase in power prices this year would remain capped at 4% and that the group would have to sell more nuclear power to rivals.(
news)
* In adittion, EDF said that it had lowered its estimate for nuclear output in 2022 to 300–330 terawatt-hour from 330-360 TWH due to prolonged outages at 5 reactors, including Penly 1 following the detection of welding faults. (
news)
* It said this was due to prolonged outages at 5 reactors, including Penly 1 following the detection of welding faults.