EDF hopes for UK-style support for new French nuclear plants


  • World
  • Wednesday, 10 May 2017

FILE PHOTO: The logo of France's state-owned electricity company EDF is seen on the company's headquarters in Paris, France, November 24, 2016. REUTERS/Charles Platiau

PARIS (Reuters) - French utility EDF hopes for UK-style subsidies for the construction of new nuclear plants in France and expects that President-elect Emmanuel Macron's plan to reduce the share of nuclear in the French power mix is a "long-term" plan.

EDF chief financial officer Xavier Girre said on an earnings call with analysts on Tuesday that EDF would discuss power market regulation with Macron's team "in order to set a right, positive and fair set of regulations for our industry".

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

US blasts Cuban gov't sentencing of protesters as 'unconscionable' and 'outrageous'
Indonesia's Ruang volcano erupts again, alert status at highest
This AI could anticipate extreme weather events
King Charles to visit cancer centre on his return to public duties
2nd LD Writethru: Bus plunges into ravine, killing 25 in north Peru
Iraq exports over 106 mln barrels of crude oil in March
As new Haiti leadership takes power, gangs demand a seat at the table
Multiple injured after tornado hits parts of Texas
Multiple law enforcement officers shot in North Carolina
Over 9.3 mln tourists visit Tunisia in 2023

Others Also Read