Romania,Nuclearelectrica recorded a net profit in the amount of 129 million euros in the first nine months, SEE Energy News
Romanian electricity producer Nuclearelectrica, the operator of the country’s sole nuclear power plant Cernavoda, recorded a net profit in the amount of 129 million euros in the first nine months of 2021, which is by 34.1 % higher compared to the same period last year.
The company’s operating profit rose by 23.8 % year-on-year to 236.5 million euros, while its operating revenues rose by 23 % to 440.5 million euros, mostly due to higher average price of sold electricity, which rose by 19.8 % in the January- September 2021 period.
Nuclearelectrica produced 7.571 million MWh of electricity in this period, which is 1.5 % less compared to 2020. However, electricity sales contributed with 427 million euros in revenues, which is 22.1 % higher than a year before. So far in 2021, Nuclearelectrica has invested 56.2 % of its 87.7 million euros annual investment budget.
Nuclearelectrica recorded a net profit in the amount of 140 million euros, which is by 27.8 % more than in 2019. The company’s operating profit increased by 21.8 % to 157.2 million euros, while its operating expenses were 3.5 % lower at 242 million euros.
Nuclearelectrica produced a total of 10,558 GWh of electricity in 2020, which is a 2 % increase year -on-year. Revenues from electricity sales increased by 2.8 % compared to the previous year, reaching 513 million euros.
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