Nuclear power company SN Nuclearelectrica posted a Q1 net profit of RON 513.66 million, down 8.8% year-over year, shows the company's quarterly report for the period January 1 - March 31, 2025 submitted to the Bucharest Stock Exchange on Thursday.
At group level, Nuclearelectrica reported a net profit of RON 522.67 million, also down 11.2%.
The gross electricity production of the two operational units of the Cernavoda NPP in Q1 was 2.95 million MWh, and of this amount, the Units' own technological consumption during operation was 232,000 MWh.
The electricity produced and delivered into the National Energy System was 2.72 million MWh, compared to 2.77 million MWh in the same period last year, down 1.7%.
The revenues generated on the electricity market from electricity deliveries in Q1 2025 stood at RON 1.44 billion, 2% higher than the budgeted amount and, respectively 23.3% higher than the figure reported in Q1 2024.
The total value of the SNN investment program for 2025 is RON 3.43 billion, with approximately 91% representing ongoing investments, while new investments, upgrade and refurbishment projects account for a combined of approximately 9% of the total.
SNN's investment program for this year includes the necessary projects at the Cernavoda nuclear power plant, the Pitesti Nuclear Fuel Plant and the Head Office, as well as objectives to be completed in the coming years, including the allocation of loans and capital contributions for the subsidiaries EnergoNuclear, RoPower Nuclear and the Feldioara Uranium Concentrate Processing Plant.
Nuclearelectrica is a national electricity, heat and nuclear fuel corporation in Romania operating under the authority of the Ministry of Energy, with the Romanian government holding 82.49% of the shares, and the other shareholders 17.50%, after the company's listing on the stock exchange in 2013.
The Cernavoda National Power Plant branch operates two CANDU nuclear units, counting among the most efficient units of the more than 400 nuclear power plants in the world.