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Engie demands close scrutiny of French nuclear power deal to ensure competition.

A recent deal regulating French nuclear power risks making
electricity more expensive and must be carefully monitored to ensure the
new rules do not strengthen EDF’s dominant position, power group Engie’s
CEO said on Wednesday. Vigilance will be needed to ensure EDF’s producer
and supplier activities are strictly separated, said Engie (ENGIE.PA),
which is the second largest electricity supplier in the country behind
state-owned EDF.

Reuters 22nd Nov 2023

https://www.reuters.com/business/energy/engie-ceo-fears-decline-electricity-market-competition-2023-11-22/

November 26, 2023 - Posted by Christina Macpherson | business and costs, France

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