nuclear-news

EDF shifts nuclear strategy to domestic projects

August 5, 2025, https://www.modernpowersystems.com/news/edf-shifts-nuclear-strategy-to-domestic-projects/?cf-view&cf-closed

rance’s state-run utility EDF is planning to reduce its overseas sales workforce by 60 positions including 10 in management, and withdraw from certain international nuclear projects to concentrate on a domestic construction programme under its new CEO Bernard Fontana, as reported by Reuters. France is retreating from its position as a global leader in nuclear power, amid rising global demand, allowing new competitors to emerge as high costs and design challenges hinder its international competitiveness.

M. Fontana aims to accelerate the modernisation of France’s nuclear fleet, expressing a commitment to focus on domestic projects rather than the international operations that have previously included reactor construction in China, Finland and Britain. Recent changes include focusing on tenders in the Netherlands, Sweden and Finland, while deprioritising projects in Poland, India and Canada. This shift is expected to cut costs and reallocate resources to higher-priority initiatives. EDF’s recent international projects have experienced significant delays and cost overruns. In 2024, it lost a bid for two new reactors in the Czech Republic to South Korea’s KHNP. 

The French government identifies the new French nuclear programme as a priority. President Emmanuel Macron announced plans in early 2022 for six new reactors to replace ageing plants, with projected costs of €67bn ($78.7bn). But the company is indebted owing to costly repairs made to its nuclear fleet in recent years. EDF is considering the sale of certain renewable energy assets in North America and Brazil.

August 6, 2025 - Posted by Christina Macpherson | business and costs, France