“EDF Renationalization: Paris Court of Appeal Ruling and Minority Shareholder Objections Explained”

2023-05-02 09:30:00 By Le Figaro with AFP Published 1 hour ago , Update 39 minutes ago ” data-script=”https://static.lefigaro.fr/widget-video/short-ttl/video/index.js” > The complete takeover, announced last July and costing 9.7 billion euros, is strategic for the state shareholder, which already held 84% of the national electric flagship before the takeover. The Paris Court of Appeal on Tuesday … Read more

“French Electricity Prices Soar for Winter 2023-2024, Import Predictions and Nuclear Fleet Issues Drive High Costs”

2023-04-23 21:01:40 AA/ Tunis / Fatma Ben Amor French electricity for this winter is trading at the highest prices in Europe, French media reported. Since mid-March, the prices of forward electricity contracts for this winter have started to rise again in France. “Now, electricity contracts for the fourth quarter of 2023 are trading at 303 … Read more

EDF decides to freeze its hiring

Couple Elsa Bembaron Posted yesterday at 5:17 p.m. , Update yesterday at 11:12 p.m. This hiring freeze should make it possible to better determine “those that the different departments need” SAMEER AL-DOUMY / AFP The group had planned to recruit 3,000 people this year. It’s called taking everyone the wrong way. EDF has just introduced … Read more

London and the energy company Centrica welcome the extension of two EDF nuclear power plants in the United Kingdom

By Le Figaro with AFP Published on 03/14/2023 at 13:51update on 03/14/2023 at 14:44 This content is not accessible. The Heysham 1 and 2 power station in the UK. Phil Noble / REUTERS In the midst of a cost of living crisis boosted by energy bills, the British government and the energy company Centrica, parent … Read more

Extending the life of the nuclear fleet to 80 years is “not a taboo”, according to an EDF official

“Six reactors in the United States have obtained an operating license for up to 80 years and it turns out that our technologies are more or less similar,” the EDF nuclear chief pointed out to the deputies. Should the lifespan of French nuclear power plants be extended? EDF does not seem to rule it out. … Read more

Elisabeth Borne asks the new CEO of EDF for a quick turnaround

In a mission letter, the Prime Minister asks Luc Rémont in particular to “control the deadlines and budgets of the nuclear projects in progress”. The Prime Minister Elisabeth Borne asks the new CEO of EDF Luc Remont to put the nuclear apparatus back in working order, to better control the projects in progress and to … Read more