EDF Energy - Finance
EDF Energy - Finance
EDF Energy - Finance
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Existing Nuclear has a clear plan to<br />
maximise performance and long term value<br />
Performance<br />
Objectives<br />
• Existing Nuclear’s key objectives<br />
• Improve operational excellence<br />
• Maintain adequate nuclear investment<br />
(around £300m in 2010)<br />
• Train and prepare people to support new build program<br />
• Deliver integration synergies<br />
• Consistently achieve nuclear output above 55TWh<br />
Strategic target<br />
• Main strategic aim: secure plant life extension<br />
• Extend the lives of our AGR fleet by an average<br />
of five years and Sizewell B by 20 years<br />
• Further life extensions could help avoid c.4GW<br />
of new fossil generation required in the UK before 2018<br />
• It may also provide flexibility in the crucial objective<br />
of retaining skilled operational workforce