Company results were affected by a prolonged planned halt of activity at one of the nuclear reactors at the country’s nuclear power plant in Cernavoda, the evolution of energy prices and currency exchange variations, the company said in a statement.
Nuclearelectrica said its revenues from electricity sales dropped 9% on the year in the first six months, mainly due to extended maintenance works performed at one of its two nuclear reactors in the second quarter.
The company had energy sales revenues of RON742 million in the first half, 12% lower than during the same period in 2015, as energy prices decreased on the competitive market and reached similar revels to regulated energy prices.
Nuclearelectrica operates Romania’s sole nuclear power plant. Located in Cernavoda in the country’s southeast, the plant currently operates two 700-megawatt reactors, meeting around 20% of the country’s energy consumption.
Nuclearelectrica is 82% owned by the Romanian government.