In the 6 months period ended on 30 June 2025, Nuclearelectrica obtained a net profit amounting to 866 million RON, up 2.8 percent, according to the financial report submitted to the Bucharest Stock Exchange.
Operating profit (EBITDA) dropped by 0.5% compared to the same period of last year, mainly due to the increase in the cost of the Contribution to the Energy Transition Fund (“CFTE”) by RON 498 million, given that the prices of electricity sold (including Tg) rose by 23.1% for an amount of electricity sold similar to the previous period (-1%), partially offset by the increase in income from the sale of electricity by 30.5% and increase of financial income by 33.2%.
Operating income increased by 29.7%, mainly due to the 30.5% increase in income from the sale of electricity, determined by a 23.1% increase in the weighted average price of the electricity sold during 1 January – 30 June 2025, compared to the weighted average price from the same period of 2024.
The Contribution to the Energy Transition Fund (CFTE) for the period 1 January – 30 June 2025 is RON 504,881 thousand compared to a level of RON 6,493 thousand for the same period of last year, due to the rise in the sale price of certain transactions above the regulated amount for which the contribution is calculated and payable.
Operating expenses, net of depreciation, impairment and CFTE, increased by 14.5% in the first half of 2025 compared to the same period last year. This increase is due mainly to the increase in the cost of nuclear fuel needed to operate the units, and to the increase of cost with electricity purchased to cover deficits during the planned and unplanned outages of the nuclear plants.
The net financial result increased by 37.5% due to the fact that, between 1 January and 30 June 2025, net financial income higher by 33.2% compared to the similar period of the previous year was booked, representing interest income and favourable foreign exchange differences.
The gross electricity production of the two operational units of Cernavoda NPP was 5,128,340 MWh in the first half of 2025 (of which 2,175,340 MWh in the second quarter of 2025); from this gross production, the own technological consumption of the Units during operation, as well as during shutdowns ensured, from own production, was 422 thousand MWh during the first half (of which 190 thousand MWh in the second quarter of 2025).
Thus, the electricity generated and delivered in the National Energy System (“SEN”) was 4,706,466 MWh in the first half of 2025, compared to the first half of 2024 (4,756,587 MWh), representing a decrease by 1.1%. In the second quarter of 2025, the amount of electricity produced and delivered in the SEN was 1,985,570 MWh, decrease by 0.2% compared to the level recorded in the second quarter of 2024 of 1,988,598 MWh.