Latest news

GDF Suez intends to buy electricity from EDF at 35 Euro per MWh

GDF Suez intends to purchase nuclear-generated electricity from its rival EDF for the price as low as 35 euros per MWh, if the law forces EDF to sell a quarter of its nuclear power production.

read more... 02/07/2010


EDF and TOTAL will decide on LNG terminal construction this year

EDF and Total announced that the final decision about investment in the LNG plant in northern France will be taken by the end of this year.

read more... 01/07/2010


France will take part in South Stream project

The memorandum concerning the number of shares transferred to the French company EDF was signed last Saturday, at Economic Forum in Sankt Petersburg.

read more... 22/06/2010


Gazprom and EDF will sign South Stream deal next week

Gazprom, the Russian gas firm, will sign next week an agreement with EDF, the main purpose being the French utility taking a 10% stake in the multi-billion South Stream gas pipeline project, according to the CEO of Gazprom on Thursday.

read more... 14/06/2010


EDF might sell nuclear power to competitors

Ongoing debates in the French parliament could lead to the obligation of EDF, the French nuclear giant, to sell 25 % of its nuclear electricity to competitors in France, in order to boost competition in the electricity market, where EDF holds the key position at the moment.

read more... 04/06/2010