EDF Aims to Stimulate Electricity Demand Amid Falling Power Prices and Profit Pressure

EDF expects profits to fall again this year as low prices hit income. The utility is now seeking to boost demand to fund its massive nuclear investments.

Insights:
The state-owned energy group EDF has reported a 19 percent decline in its core profit for 2025, with earnings falling to 29.3 billion euros. The company attributed the result to low wholesale electricity prices that have significantly eroded income across its operations. This financial update comes as benchmark power prices hit their lowest levels since early 2020, prompting a warning from the utility that profits are expected to decline slightly again in the coming year.
The EDF logo is seen on working helmets during a visit at French utility EDF's Penly Nuclear Power Plant in Petit-Caux, near Dieppe, France, December 9, 2022. REUTERS/Benoit Tessier
The EDF logo is seen on working helmets during a visit at French utility EDF's Penly Nuclear Power Plant in Petit-Caux, near Dieppe, France, December 9, 2022. REUTERS/Benoit Tessier
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