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Nuclear power firm British Energy reveals a fall in revenues

Nuclear power firm British Energy is today reporting a sharp fall in annual earnings after two of its stations went offline last year.

The technical issues at Hartlepool and Heysham 1, following the emergence of wire corrosion problems within boiler units, mean total output for the financial year to March 31 is unchanged at 58.4 terawatt hours (TWh).

British Energy says the output figure masks a better overall operating performance, with progress in the management of small generation losses.

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