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November 17, 2023
The French government and EDF have struck a deal on nuclear electricity prices to shield consumers from increases and enable the state-owned utility to fund new reactor construction, drawing criticism from energy-intensive businesses. NOVEMBER 15, 2023 GWÉNAËLLE DEBOUTTE, more https://www.pv-magazine.com/2023/11/15/french-government-edf-agree-on-e70-mwh-for-nuclear-power/ The French government and utility EDF have reached an agreement on the price of nuclear energy after…
November 15, 2023
The French government and state-owned EDF have reached an agreement to regulate the price at which the utility's nuclear-generated electricity is sold to an average of EUR70 (USD76) per MWh once the current ARENH mechanism expires at the end of 2025.
November 15, 2023
The French government and EDF have struck a deal on nuclear electricity prices to shield consumers from increases and enable the state-owned utility to fund new reactor construction, drawing criticism from energy-intensive businesses.
October 19, 2023
Following months of negotiations, the European Council has reached an agreement on a proposal to amend the EU's electricity market design, agreeing to include existing nuclear plants in the reform. The agreement could result in France dropping a scheme forcing state-controlled utility EDF to sell a portion of its nuclear energy production to competitors below market-level prices.
February 17, 2023
The €17.9bn (£16bn) loss is being blamed on capped prices as well as repairs to power stations.
February 17, 2023
France's EDF has reported record annual losses of EUR17.9 billion (USD19.0 billion) for 2022, largely due to nuclear power reactor outages in its French fleet for maintenance and repair work. However, output from the company's UK fleet of reactors increased last year.
September 12, 2022
European energy ministers held an emergency meeting on Friday, September 9, to address the historic price hike
August 10, 2022
The state-controlled nuclear giant EDF has launched a legal claim against the French government for more than EUR8.0 billion (USD8.2 billion) in lost earnings resulting from the order to sell more nuclear electricity at below market-level prices this year.