EDF cuts output at nuclear power plants as French rivers get too warm
The production cuts mean that France, traditionally an energy exporter, is relying on imports from countries such as Spain, Switzerland, Germany and the UK
Company says it is reducing production for few hours where possible as ability to cool plants is restricted https://www.theguardian.com/business/2022/aug/03/edf-to-reduce-nuclear-power-output-as-french-river-temperatures-rise Julia KolleweThu 4 Aug 2022
The French energy supplier EDF is temporarily reducing output at its nuclear power stations on the Rhône and Garonne rivers as heatwaves push up river temperatures, restricting its ability to use river water to cool the plants.
The majority-state-owned company, Europe’s biggest producer of nuclear energy, said it would extend output cuts at several power stations on the two rivers as the hot spell continues – but that a minimum level of output would be maintained to keep the grid steady.
EDF warned of potential output cuts at its nuclear power plants Tricastin, St Alban and Golfech in coming days due to high temperatures in the Rhône and Garonne rivers. It started imposing production restrictions in mid-July at Tricastin, St Alban and Bugey on the Rhône and Blayais at the mouth of the Garonne amid sweltering temperatures.
A spokesperson told the Guardian that the company was lowering production “for a few hours” where possible but not shutting the reactors completely.
After the 2003 heatwave, France’s nuclear safety authority (ASN) set temperature and river flow limits beyond which power stations must reduce their production, to ensure the water used to cool the plants will not harm wildlife when it is released back into the rivers.
Temperatures in southern France are expected to reach 40C over the next two days, according to the forecaster Météo-France.
Since 2000, production losses due to high river temperatures and low river flows have represented an average of 0.3% of annual production. However, half of EDF’s 56 nuclear reactors are offline due to planned maintenance and work to repair corrosion which was delayed by the pandemic, just as Europe faces an energy crunch following Russia’s invasion of Ukraine.
As a result of the maintenance work, EDF estimates its power output this year will be the lowest in more than three decades. The company issued its fourth profit warning of the year last Thursday when it reported a first-half loss of €5.3bn. The French government, which owns 84% of EDF, is in the process of buying out minority shareholders to take full control of the business.
The production cuts mean that France, traditionally an energy exporter, is relying on imports from countries such as Spain, Switzerland, Germany and the UK.
EDF is buying electricity at high market prices, after Russia’s war in Ukraine sparked an energy crisis, leaving European countries scrambling to find alternative supplies. Another strain on EDF’s finances comes from a power tariff cap imposed by the government to shield consumers from soaring energy prices.
The latest power cuts threaten to push energy prices even higher after they were sent spiralling by Russia’s invasion of Ukraine in late February.
Reduced electricity output from France’s nuclear reactors due to high temperatures.
French utility EDF warned on Wednesday of potential output cuts of up to
3.8 GW at its nuclear power plants Tricastin, St Alban and Golfech due to
high temperatures in the Rhone and Garonne rivers. The output curbs could
start tomorrow at Golfech (2.6 GW).
Montel 3rd Aug 2022
https://www.montelnews.com/news/1339940/edf-warns-of-up-to-38-gw-cuts-on-cooling-issues
French finance minister and MPs clash over future of nuclear power
to “all those who confuse reality with their fantasies […] nuclear power does not work”.
By Paul Messad | EURACTIV.fr | translated by Arthur Riffaud, Jul 29, 2022
Left-wing MPs and Economy Minister Bruno Le Maire came to heated debate in the French National Assembly over a reduction in nuclear power production during the vote on the rectifying finance bill.
On Tuesday night (26-27 July), French MPs adopted the rectifying finance bill, in which it was agreed the country’s public energy supplier EDF should be nationalised. At a minimum, it was agreed that the state will make a public offer to buy the remaining 16% of the company that it does not already own, a sum amounting to €9.7 billion……….
LFI MP Antoine Léaument said that the cost of the ‘Grand Carénage’ programme, aimed at extending the life of power plants, would represent the same budget as the construction of 33 to 76 offshore wind farms, which would produce more installed power than that of nuclear.
The themes of the discussion are not new. In June, LFI’s party leader Jean-Luc Mélenchon revived debate over nuclear’s votality, saying that while this is not a “fact”, the current situation of climate breakdown is such that “what was not intermittent yesterday will become more and more so.”
He added that “France is now the country lagging furthest behind in its renewable energy objectives” within the European Union.
On renewable profitability
On 18 July, the French Energy Regulation Commission (CRE) unveiled its assessment of the public service costs of energy to be compensated by the state for 2023.
The report concludes that renewables will generate revenue for the State in 2023, due to the current very high price of megawatt hours (MWh). When prices are set higher than the feed-in tariff set by the state, operators pay the difference to public authorities.
This has prompted some observers to insist on the profitability of renewable energies, in particular wind power.
“France is reactivating its coal power plants while at the same time there are currently 4.7 GW of wind projects and 3 GW of solar projects being put on hold”, said Anne-Catherine Tourtier, president of the France Energie Eolienne association.
The government has already announced a bill to speed up the development of renewable energies for the autumn. https://www.euractiv.com/section/energy-environment/news/french-finance-minister-and-mps-clash-over-future-of-nuclear-power/
However, the outcome was not easy to swallow, particularly for those on the left.
In reality, nuclear production is at half mast. France is significantly importing electricity: up to 10 GW on a single day, as the country’s transmission system operator RTE figures show, a noteworthy figure considering that the country is usually a net exporter.
Nuclear capacity
Currently, about thirty reactors are shut down, more than half of France’s fleet. Some are closed for maintenance, and 12 for problems with corrosion. Others have been impacted by the weather, with extreme temperatures endangering the cooling capacities of the plants.
EDF announced that it has lost €5.3 billion euros in the first half of the year, mainly associated with the forced closure of many of the nuclear plants.
The French Nuclear Safety Authority (ASN) extended a temporary derogation to the shutdown rules for such situations on Friday (22 July) to “ensure the safety of the electricity network” during this critical period. The power plants of Golfech, Saint-Alban, Blayais and Bugey will thus be permitted to operate until 7 August 2022.
Heated debate in the National Assembly
During the debate on the draft rectifying finance law in the National Assembly, Green MPs and others from the left-wing party La France Insoumise (LFI) condemned the government’s irresponsibility in its approach to nuclear energy.
Julien Bayou, Europe Écologie Les Verts (EELV) MP for Paris and party executive, repeatedly said: to “all those who confuse reality with their fantasies […] nuclear power does not work”.
Nuclear giant EDF and waste company Veolia continue to do business with Russia – the nuclear industry gets uranium from Russia, and sends wastes there.
Two utility giants raking in billions from British customers are STILL doing business with Russia — five months after Vladimir Putin ‘s forces invaded Ukraine.
Energy supplier EDF and waste firm Veolia have been accused of indirectly funding the war. Despite the death of 5,000 civilians, EDF Group’s contracts include a deal to source uranium from state-run nuclear power giant Rosatom. And Veolia – like EDF, French-owned – has a number of lucrative heating and waste supply contracts. Both firms insist they comply with international sanctions and that their activities are to provide essential public services.
But critics believe they should cut all ties immediately. Lib Dem energy spokesperson Wera Hobhouse said: “EDF should do the right thing by ending their business with brutal dictator Putin.”
Mirror 23rd July 2022
https://www.mirror.co.uk/news/uk-news/two-energy-firms-earning-billions-27560187
Protest against radioactivity-contaminated water, at French nuclear site
ALERT Cigéo = radioactivity = contaminated water http://burestop.free.fr/spip/spip.php?article1040&fbclid=IwAR05l37LqSVNJwx7JOKpqVBxYmfqiTd8ggXjx_YYpUxc1w1Ock_MoaMBjyY COMMUNIQUE COORDINATION CIGEO/BURE STOP – 23/07/2022,
Small rafts to warn of the danger threatening a large territory!
The Coordination Stop Cigéo organized this Saturday 23/07/2022 a symbolic action in Bar-le-Duc, to make visible what Andra does not show, to tell what Andra is silent about: operating discharges of Cigeo for 150 years, just as those resulting from an underground accident will be impossible to control.
The small wooden rafts, painted with radioactive symbols and arrows, mentioning Cigéo/Bure and Paris and thrown over the water in the Ornain, symbolized the phenomenal danger that threatens water resources, this common good.
SEE THE PICTURES ( Pictures )
Indeed, the water discharges contaminated by the operation of the site or in the event of an accident, would come out in an anarchic way on the sector in a few days, towards Saulx via the losses of Orge, towards Bar-le-Duc via Haironville, towards Saint-Dizier via Ménil-sur-Saulx, towards Joinville, haphazardly… knowing that everything would end up flowing into the Marne. The impacts of Cigeo (1) would not be confined to the ultra-local perimeter as Andra claims, but would be diluted in the hydrographic network towards Paris.
A gigantic site, a scary future
The high water consumption of the site would clearly have an impact on the local resource and its distribution… which worries many municipalities today. What will become of local waterways (fragile natural environments)? What effects on tap water? What are the impacts of chemical and radioactive releases on activities such as fishing, market gardening, etc.? All these simple but essential questions have never been addressed. Afraid to tell the truth?
Cigeo could endanger the territory and beyond, permanently, if the water were to suffer contamination and scarcity. At a time when heat and drought are becoming an agonizing and lasting reality, there is still time to refuse such an impacting project for man and nature and to change course.
Public utility, obtained on a file more than inadequate
Andra repeats that the public utility of Cigéo does not mean authorization of the project. But the recent signatures of the DUP and OIN decrees are incomprehensible, given the lack of figures on the real impact of nuclear storage on water resources and surface waters. Beyond the inadequacy of the data in the DUP file, Andra is postponing the potential conclusions of the research until later, at the stage of the creation authorization application, which according to it, would serve as an application for authorization of rejection. And that is not enough for us!
Everyone at the Bure’lesques festival, August 5-6-7, 2022 in Hévilliers
The question of water from here and water from elsewhere, threatened by nuclear power and its waste, will be at the heart of the conferences and round tables of the Bure’lesques 2022. Three days of exchanges and information but not only! Film screenings, shows, concerts and good food, a rich and beautiful program is announced for this 3 rd edition. ALL INFO on https://burefestival.org/
EDF to change design of EPR nuclear reactors following troubles of the China one – (making it up as they go?)
EDF to redesign flagship UK nuclear reactors after China shutdown
Company to change way fuel rods are held in place in pioneering EPR generators,
By Rachel Millard, 23 July 2022 • The power company charged with driving Britain’s nuclear revolution is to overhaul the design of its flagship new reactor to avoid a repeat of damage to fuel rods that forced a unit in China to shut down. …https://www.telegraph.co.uk/business/2022/07/23/edf-redesign-flagship-uk-nuclear-reactors-china-shutdown/
Nuclear Power Plants Are Struggling to Stay Cool
Wired, 22 July 22”……………………………. Amidst a slow-burning heat wave that has killed hundreds and sparked intense wildfires across Western Europe, and combined with already low water levels due to drought, the Rhône’s water has gotten too hot for the job. It’s no longer possible to cool reactors without expelling water downstream that’s so hot as to extinguish aquatic life. So a few weeks ago, Électricité de France (EDF) began powering down some reactors along the Rhône and a second major river in the south, the Garonne. That’s by now a familiar story: Similar shutdowns due to drought and heat occurred in 2018 and 2019. This summer’s cuts, combined with malfunctions and maintenance on other reactors, have helped reduce France’s nuclear power output by nearly 50 percent…………………
Nuclear technicians are known to refer to their craft as a very complicated way of boiling water, producing steam that spins turbines. But much more is usually required to keep the reactor cool. That’s why so many facilities are located by the sea and along big rivers like the Rhône.
Plenty of other industries are affected by hotter rivers, including big factories and power plants that run on coal and gas. But nuclear plants are unique because of their immense size and the central role they play in keeping energy grids online in places like France. And warming and dwindling rivers are not the only climate challenges they face. On the coasts, a combination of sea level rise and more frequent and intense storms means heightened flooding risks. Scientists have also pointed to other, more unusual challenges, like more frequent algal blooms and exploding jellyfish populations, which can clog up the water pipes.
……………………… The nuclear industry and environmental groups continue to disagree on whether existing regulations capture the latest science, particularly on the topic of sea level rise.
……………….. . In 2019, the NRC began approving 20-year extensions to some reactors—starting with the Turkey Point power plant in South Florida. Environmental groups filed interventions to halt the plan, arguing that a combination of more intense hurricanes and sea level rise would threaten the low-lying plant in ways that regulators had not adequately considered. In February, the NRC reversed the extension for Turkey Point and other plants pending a more extensive environmental review.
So far, most production cuts are due to warming waters—not just in the Rhône and Garonne, but in places like the Tennessee River in the US, and in the coastal seas where many more plants are sited. In recent years, nuclear plants across Northern Europe have been forced to shut down or reduce output because seawater became too warm to safely cool the reactor cores. Over the past decade, the Millstone power plant in Connecticut saw a series of shutdowns on hot summer days until regulators raised the temperature limit of its cooling waters by 5 degrees Fahrenheit.
………………………. the impact is growing as temperatures continue to rise. In an analysis published in Nature Energy last summer, a Stanford researcher found that there had been eight times the number of heat-related outages in the 2010s compared with the 1990s. In a 2011 study on the impact of warming on nuclear cooling systems, EDF scientists projected a 3 degree Celsius increase in the Rhône’s temperature by 2050, spelling more potential for shutdowns during heat waves.
,,,,,,,,,,,,,,,,,,,,,,, “The key issue is when we start building new plants, how can we take into account the impact of climate change for the full lifespan of the plant to 2080 or 2100,” Laconde says, noting that France’s new generation of reactors, recently announced by President Emmanuel Macron, are mostly being built by the coasts.
,,,,,,,,,,,,,,,,,,,,,,,,,, in France, regulators are expecting a long summer ahead. While the heat may pass, low water levels can persist, resulting in cutbacks that last for weeks or months. EDF recently told reporters that it expects more cuts in the coming months as water levels continue to fall—leaving the country hoping for the relief of cold, hard rains. https://www.wired.com/story/nuclear-power-plants-struggling-to-stay-cool/
La Hague is still threatened by wildfires Monday afternoon: firefighters mobilized on July 18 not far from the Orano nuclear site
by Christophe Meunier, After being mobilized all day Sunday July 17, 2022 on landage fires in Herquemoulin, the firefighters of the Channel had to fight against another fire this night, still in the sector of La Hague. The second fire regained strength during the afternoon on Monday. The nearby Orano La Hague site has significant means of protection if it were to be threatened by flames.
Up to 108 firefighters were mobilized this Sunday, July 17, 2022 on a landage fire in Herquemoulin, in the La Hague sector, which broke out around 3 a.m. It was only at the end of the evening, after 10 p.m., that the system was lightened. Thirty firefighters, three forest fire tanker trucks, a firefighters’ van, a water carrier and the command echelon remained on site to maintain surveillance of the site. This surveillance is maintained this Monday morning. But in the meantime, the means of the SDIS had to be mobilized on another fire……………….
It was shortly before midnight that a new brush fire broke out in the La Hague sector, this time in Vauville, at a place called Les Pierres-Poquelées. About sixty firefighters, from Saint-Lô, Carentan, La Haye, La Hague, Barneville, Granville, Cherbourg, Bricquebec, Canisy, St Pierre, Valognes but also from Calvados, were engaged in this new operation. Six tank trucks and a fire engine were deployed on site. A command post was set up in Beaumont-Hague at the RD 901/RD 403 roundabout. “The personnel faced unfavorable conditions linked to the topography, the night and the wind “, indicated the Departmental Service Channel Fire and Rescue……………………..
The two fires that have occurred since Sunday in the La Hague sector are both near the Orano waste reprocessing site. ………………………….
France3 18th July 2022
New failure on the Flamanville EPR, the reactor control system’s malfunction
After problems with concrete, steel or welds, the reactor under
construction experienced a new malfunction.
Part of the installation’s control systems is out of order. The structural failure, known since 2019,
is now recognized by EDF. Flamanville and its EPR reactor, umpteenth
episode.
We thought we knew everything about the setbacks of the calamitous
EDF project which has been dragging on for fifteen years now on the nuclear
power plant in the Manche department and whose bill has gone in seventeen
years from 3.3 billion to 12.7 billion euros ( and even 19 billion with
interest and launch costs according to the Court of Auditors ).
Well no !
After the concrete problems during the construction of the reactor
building, the poorly forged steel of the bottom and the cover of the
nuclear vessel or the poorly made welds on the reactor piping, EDF has a
new problem on its hands.
And a big one: two essential systems which make
it possible to control the reactor are victims of a problem problem for the
start of the EPR. A tile known for several years by the operator and the
Nuclear Safety Authority (ASN), but which has not been the subject of any
publicity and has still not been resolved, according to information from
Liberation . We already knew that this powerful 1,650 MWe nuclear reactor
would not enter service before the end of 2023, more than ten years behind
the date initially planned.
Liberation 19th July 2022
Macron facing NUCLEAR nightmare as scorching heatwave cripples SIX reactors.
THE RAGING heatwave that currently engulfing Europe has threatened to worsen France’s energy crisis, as six nuclear power plants have been crippled this month.
https://www.express.co.uk/news/science/1643201/emmanuel-macron-france-facing-energy-nightmare-six-nuclear-reactors-scorching-heatwave By ANTONY ASHKENAZ, Jul 20, 2022 , Experts have warned that parts of France are currently facing a “heat apocalypse” as temperatures reach record levels across Europe. Aside from triggering horrifying forest fires, these scorching temperatures are now also threatening to worsen France’s energy crisis. As a result of higher temperatures, rivers like the Rhone and Rhine, which are used by nuclear power plants for cooling, have become too warm to be used in the energy generation process.
Without cooler water supplies, six nuclear power plants in France have been forced to reduce their output drastically.
Without cooler water supplies, six nuclear power plants in France have been forced to reduce their output drastically.
EDF’s nuclear plants along these rivers use the waters to regulate the temperature of their reactors, discharging warm water back into the waterway.
Regulations are in place that limits reactor production during times of high heat to prevent the process from damaging local wildlife.
However, these rules could soon be scrapped at the cost of regional flora and fauna, as France’s nuclear safety authority green-lighted “temporary modification” of regulations for Blayais, Golfech and St Alban nuclear power plants.
Energy expert Thibault Laconde tweeted: “To state the obvious, it also highlights the vulnerability of #nuclear power to climate change, in particular the vulnerability of ‘French-style’ nuclear power, with its large reactors, large power plants and therefore large cooling needs.
“Climate change has to be factored in nuclear projects.
“Especially as France is preparing to renew its fleet, it would be unimaginable to build reactors if we cannot demonstrate that they will be able to operate with the #climate they will experience throughout their lifetime”
The heatwave crippling nuclear power plants could be devasting for Mr Macron, as France has already been suffering a major energy crisis after half of EDF’s ageing nuclear power plants were forced to shut down recently over safety concerns.
Experts have previously warned Mr Macron of significant corrosion safety problems in EDF nuclear power plants in France as cracks were detected in some nuclear reactors.
Speaking to Express.co.uk, Dr Bernard Laponche, the co-author of a recent study on EDF’s reactors warned that cracks in the cooling systems of many of these reactors could result in horrifying disasters that are only comparable to events like “Three Mile Island or Fukushima”.
As a result of these corrosion problems, four 1500 MW, seven 1300 MW and one 900 MW reactors are shut down.
As a result of these reactor shut downs, EDF has been forced to lower its power output this year, amidst fears of a disastrous winter where fears grow Vladimir Putin could cut Europe off its gas supply.
Dr Laponche also warned that more reactor shutdowns could happen in the future, as EDF power stations are currently under investigation for similar reactor flaws.
Evacuation of site in France , as wildfires rage near nuclear power plant being decommissioned
The EDF site in Brennilis, consisting of a nuclear power plant being deconstructed and a thermal power plant in operation, was evacuated around 1 p.m., due to the fumes stinking the air. It’s 10 a.m. on Tuesday morning.
The swirling fire, fanned by a wind blowing at 40 – 45 km/h, plays hide and seek with the firefighters. Claire Maynadier, sub-prefect of Châteaulin, has just hung up with the director of the Brennilis nuclear power plant . The evacuation of personnel is therefore not envisaged. “The fire front
is not near. Nevertheless, it remains uncontrolled. We remain vigilant,” she explains.
Le Telegramme 19th July 2022
Employee shareholders to sue EDF over France nationising nuclear industry
An association of EDF employee shareholders announced on Sunday their plan
to sue the French state regarding its nationalisation of the power giant.
“Today the state needs to explain itself for the management as
ultra-majority stakeholder of the company,” the association “Energie en
actions” said in a statement.
The association holds that the government’s
decision goes against the interest of the company and the minority
shareholders, the statement added. The government will announce details of
its plan to fully nationalise the EDF, which runs the nation’s nuclear
power plants, by July 19.
Reuters 17th July 2022
4 French nuclear reactors authorized to discharge hotter water during heatwave, as 29 others remain offline
Heat wave: a fourth nuclear power plant authorized to release hotter water than normal to continue operating. Twenty-nine French reactors out of 56 are currently unavailable for various reasons. Hence these exemptions.
A temporary derogation from environmental rules has been granted to a new nuclear power plant, that of Bugey, in Ain, to allow it to continue to operate “at a minimum level of power” during the heat wave, according to a decree published on Sunday July 17. in the Official Journal .
“The reactors of the Bugey nuclear power plant discharging effluents into the Rhône may, during the fixed period (…), continue to practice these discharges as long as the heating after mixing of the effluents into the Rhône (.. .) does not exceed 3 ° C in average daily value” , specifies the decree of Sunday.
On Friday, a derogation had been granted to the nuclear power plants of Golfech (Tarn-et-Garonne), Blayais (Gironde) and Saint-Alban (Isère). For these three power stations and that of Bugey, the
authorization was granted until July 24th.
And this, while 29 French reactors out of 56 are currently unavailable for various reasons. Since
2006, each plant has had its own regulatory water discharge temperature limits that must not be exceeded. The power plants indeed pump water to cool the reactors, before rejecting it. The derogation device, which aims to guarantee the proper functioning of the electricity network, had so far only been used once, in 2018 for the Golfech power plant, for a period of 36 hours.
France Info 17th July 2022
Nationalisation of EDF seen as ‘inevitable’ to carry out France’s nuclear plans
EDF’s market capitalisation has collapsed in the past few years, going from €150 billion in 2007 to less than €40 billion today.
A debt estimated at more than €43 billion, fuelled by delays in constructing its new fourth-generation reactors, also puts the company in a difficult spot.
https://www.euractiv.com/section/energy/news/nationalisation-of-edf-seen-as-inevitable-to-carry-out-frances-nuclear-plans/ By Paul Messad | EURACTIV.fr | translated by Daniel Eck 18 July 22
The government’s decision to nationalise Electricité de France, announced on 6 July, provoked mixed reactions in the French Parliament.
Yet, according to Jean-Michel Gauthier, director of the Energy & Finance Chair at HEC Paris, the decision was “inevitable” because of the regulatory constraints faced by the company.
Under French law, EDF must sell part of its nuclear electricity to the competition at a set price (€42/MWh) and buy it back on the market like any other supplier.
But because of the pandemic and the war in Ukraine, the current market price stands above €200/MWh, according to France’s electricity transmission system operator RTE.
This means EDF is selling at a loss to feed the competition, something unions and many observers have decried as a “plundering” of the French company.
On top of that, the state has also asked EDF to dish out €8 billion for the so-called “tariff shield” to limit gas prices in times of crisis.
EDF’s market capitalisation has collapsed in the past few years, going from €150 billion in 2007 to less than €40 billion today.
A debt estimated at more than €43 billion, fuelled by delays in constructing its new fourth-generation reactors, also puts the company in a difficult spot.
But according to Professor Gauthier, the company’s debt “is not at all the subject”. It is even “irrelevant, with regard to the major subjects of energy and industrial policy in France,” he told EURACTIV.
According to Gauthier, the main challenges lie in the company’s vast nuclear programme. First, EDF will have to spend more than €50 billion by 2030 to extend the life of existing nuclear power plants.
As announced by President Emmanuel Macron in February, the French energy giant must also adopt measures to build six new fourth-generation EPR-type reactors. According to the latest estimates, that effort will cost €50-60 billion.
Going under full state ownership will offer EDF a debt guarantee, as well as lower rates to raise additional debt, Gauthier says.
More worrying, according to him, is the number of key points the state has dropped from its nuclear industrial policy in recent years.
“These are the major issues: what is to be done with the EPR 2, the third generation reactors, the ASTRID project and the small modular reactors (SMR),” he said.
The professor also questioned the state’s means to meet its pledged energy ambitions.
Renewables in all this?
However, these multi-billion euro projects only deal with nuclear without addressing EDF’s capacity to deploy renewable energies – another major priority of the government.
“Today, given the bubble around green finance, there is no reason for the state to own solar or wind power capacity,” explained Gauthier.
“We can therefore imagine [that we] go back to square one […], i.e. that the State puts the portfolio of EDF Renewables, a subsidiary wholly owned by EDF, on the market,” he added. This project could revive divisions between the state and the unions if green-lighted.
For the time being, it is necessary “to keep a single EDF”, the company’s CEO Jean-Bernard Lévy told broadcaster BFM TV on Monday (11 July).
EDF without renewables would be a dark “utopia”, he also said.
When it comes to energy-related decisions, the state must be the “only pilot” on board and the “only decision-maker”, Gauthier concluded.
France’s nationalisation of nuclear energy corporation EDF raises more questions than it answers
Just as Europe attempts to move away from its dependence on Russian gas and grapples with soaring power prices, problems at some of EDF’s existing 56 reactors in France have caused shutdowns and sent its energy output to multi-decade lows.
At the site of France’s first new nuclear reactor in more than 20 years, robots are whirring away fixing faulty welding as developer EDF races to open the plant after a decade of delays that have damaged its reputation.
Ahead of it lies a challenge of a different order of magnitude: a construction program to build six more, just as the French government, which owns 84 per cent of the business already, plans to take full control.
The full nationalization of EDF, which was announced earlier this month, comes as a series of crises pile pressure on the group’s finances.
In theory this will provide it with some relief away from the glare of public markets. So far, however, the state buyout has raised more questions than it has answered, including how the government thinks it might do a better job at fixing long-running industrial problems that have plagued projects at EDF, some of them as basic as a lack of experienced welders. “It’s not because the government will now have 100 percent that it’s going to suddenly take three years less to build a reactor,” one person close to the company said. “Right now, we’re in symbolic territory with this nationalization. It does not resolve any of the main problems we know the group is facing – will it allow EDF to bolster the skills it needs?” said Cécile Maisonneuve, a senior adviser at the center for energy and climate at French think thank IFRI. “None of the industrial or regulatory issues were linked to its capital structure.”
Just as Europe attempts to move away from its dependence on Russian gas and grapples with soaring power prices, problems at some of EDF’s existing 56 reactors in France have caused shutdowns and sent its energy output to multi-decade lows.
FT 17th July 2022
https://www.ft.com/content/7d7225ad-dd3b-4b95-95a6-c270a0089277
1 This Month
26 September – International Day for the Total Elimination of Nuclear Weapons
PLEASE OPPOSE HR 8255 AND S.3639 – bills would accelerate satellite deployment, with no environmental review or safeguards – https://ncstd5li.quorum.us/campaign/169331/
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