POWER: Cordemais Coal Units Will Not Operate Simultaneously Until Decommissing

Sep-19 14:41

The units 4 and 5 of EdF’s 1.2GW Cordemais coal plant will not be operating simultaneously between 19 September 2025 until the end of operations on 31 March 2027, the firm said on Friday. 

  • EdF plans to shut down its 1.2GW Cordemais coal plant by May 2027 and is exploring transforming the site into a nuclear piping facility to support its expanding nuclear fleet,
  • The nuclear piping facility is planned to be commissioned by the end of 2028.
  • In September 2024, EdF cancelled plans to convert Cordemais to a biomass plant due to unfavourable technical and economic conditions.

Historical bullets

US TSY FUTURES: BLOCK: Sep'25 2Y Buy

Aug-20 14:39
  • +5,000 TUU5 103-27.38, post time offer at 1019:54ET
  • The 2Y contract trades 103-27.5 last vs. -27.75 high (+1.5)

GILT AUCTION PREVIEW: On offer next week

Aug-20 14:30

The DMO has announced it will be looking to sell GBP5.0bln of the 4.375% Mar-28 Gilt (ISIN: GB00BSQNRC93) at its auction next Wednesday, August 27.

MNI: US EIA: CRUDE OIL STOCKS EX SPR -6.01M TO 420.7M AUG 15 WK

Aug-20 14:30
  • US EIA: CRUDE OIL STOCKS EX SPR -6.01M TO 420.7M AUG 15 WK
  • US EIA: DISTILLATE STOCKS +2.34M TO 116.0M IN AUG 15 WK
  • US EIA: GASOLINE STOCKS -2.72M TO 223.6M IN AUG 15 WK
  • US EIA: CUSHING STOCKS +0.42M TO 23.5M BARRELS IN AUG 15 WK
  • US EIA: SPR +0.22M TO 403.4M BARRELS IN AUG 15 WK
  • US EIA: REFINERY UTILIZATION WEEK CHANGE +0.2% TO 96.6% IN AUG 15 WK