Acasă » Electricity » Nuclearelectrica announces a 249% increase in net profit in Q1

Nuclearelectrica announces a 249% increase in net profit in Q1

13 May 2022

Societatea Național Nuclearelectrica (SNN) obtained, in the first three months of the current year, a net profit of 818.901 million lei, increasing by 249.3% compared to the same period last year, when it stood at 234.465 million lei lei, according to the financial results reported to the Bucharest Stock Exchange (BVB).

Revenues on the electricity market related to electricity supplies in the first quarter of 2022 are of 1.845 billion lei, 26.3% higher than the budgeted revenues for the first quarter of 2022 and 170% compared to the achievements in the first quarter of 2021.

The gross electricity production of the two operational units of Cernavoda NPP was of 3,021,052 MWh in the first quarter of 2022. From this gross production, the own technological consumption of the Units during operation was of 231,000 MWh.

There were no unplanned or planned shutdowns between January 1 and March 31, 2022, says SNN, according to Agerpres.

The total value of SNN’s investment program for 2022 is of 702.795 million lei, and the degree of achievement until March 31 is of 14.2%, respectively of 99.759 million lei.

According to the report submitted to BVB, when dimensioning the development and investment program, SN Nuclearelectrica took into account the need of the branches (CNE Cernavodă and FCN Piteşti) regarding the continuity in production, respectively reaching a higher level of production capacity utilization (EAF Energy Availability Factor) with the observance of the nuclear safety norms.

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