EDF Forecasts Steady Nuclear Power Generation for 2025-2027
EDF has announced its nuclear power generation forecast for the next three years. The company expects to produce between 350 and 370 terawatt-hours annually from 2025 to 2027. Meanwhile, French nuclear power production has remained stable, with availability at its highest seasonal level since 2017.
Andy Sommer, a team leader in 'Fundamental Analysis & Modeling' at Axpo since 2008, has been active in the energy sector since 1992. He is based in Switzerland, where Axpo is headquartered.
A recent strike by energy workers in France reduced nuclear generation, causing it to drop overnight to below 35 gigawatts. This, along with subdued demand due to lack of heatwaves, has influenced energy prices. However, wind power generation reached a five-month high, mitigating supply impacts and spot power prices.
European energy commodity prices have fallen in the past month. Despite reduced gas consumption, European gas storage levels reached 77 percent of capacity by the end of the month. The restart of the Swiss nuclear reactor Gosgen has been delayed to February 2026. In the UK, power stations 'Heysham 1' and 'Hartlepool' have had their operating lives extended to 2028.
EDF's nuclear power generation forecast for 2025 to 2027 remains stable. While recent events like the French energy workers' strike and subdued demand have influenced energy prices, robust supply, including increased wind power generation, has helped mitigate these impacts. The extension of British power stations' operating lives and high European gas storage levels also contribute to a stable energy outlook.
