nuclear-news

France needs to invest 25 billion euros ($28 billion) each year to maintain its nuclear energy programme

 EDF will need to invest around 25 billion euros ($28 billion) each year to
keep its nuclear fleet and network in shape and build new reactors required
for France’s energy transition, the company’s CEO said on Wednesday.

Grilled by lawmakers during a hearing before the French National Assembly’s
economic affairs committee, EDF’s Luc Remont said France also needed to
rethink parts of the company’s business model and its electricity tariff
policy to allow the utility to boost investments.

 Reuters 19th July 2023

https://www.reuters.com/business/energy/edf-must-boost-annual-investments-meet-french-power-needs-ceo-says-2023-07-19/

July 25, 2023 - Posted by Christina Macpherson | business and costs, France