Hunterston operator EDF sees UK profits soar in 2022 (Image: Newsquest)
Hunterston operator EDF returned a profit of £1.12 billion in the UK in 2022 – boosted by higher energy prices.
The company improved on its £21 million loss in 2021, but its UK consumer energy supplier lost more than £200 million this year.
The French company operates five nuclear power stations in the UK as well as a large number of wind farms.
EDF benefited from higher electricity prices in 2022 which increased revenues without costs rising at similar levels.
The company said it invested more than £2.6bn in its UK nuclear, renewables and customer businesses in 2022.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here