Latest news
France: EDF to shut down oil-fired plants for half a year
EDF French group will shut down its oil-fired plants for half a year starting from April, taking offline a power capacity of 5,000 MW, because the plants turned out to be uncompetitive among huge overcapacities in the European electricity sector.
read more... 06/03/2014
EDF Energy generated its highest amount of nuclear power in UK in 8 years
The French state-controlled company EDF Energy has announced that last year it has generated its highest amount of nuclear power in the UK for the last eight years, increasing its earnings by 1.4 per cent to £1.69bn from £1.67 in 2012, driven by the performance of its eight nuclear power stations. According to the company’s annual results, the nuclear power output rose by 0.5 TWh attaining 60.5 TWh in 2013.
read more... 14/02/2014
France pledges to restrict EDF utility hikes in 2015-18
France wants to restrict state-controlled utility EDF's regulated electricity tariff increases between 2% and 3% per year or less per year over the period 2015-2018, which would see a new calculation method to take effect, said an official source in the Elysée Palace.
read more... 12/12/2013
European Commission to launch a formal investigation into Hinkley Point nuclear deal
A deal between the UK government and French energy giant EDF to build two nuclear plants at Hinkley Point in Somerset could be put under threat by the European Commission as it will open a formal investigation into British government subsidies that breach European competition rules.
read more... 04/12/2013
Hinkley Point deal uncertain, once again
The European Union is likely to open an official inquiry into whether the Hinkley Point nuclear deal breaks the EU rules on competition. Britain in October signed a deal with EDF to build a nuclear plant at Hinkley Point in southwest England and became the first European country to offer a guaranteed power price over 35 years for a new nuclear project. Britain has said it is confident it will get clearance, but a formal European Commission probe could take years, throwing uncertainty over the nation's plans.
read more... 03/12/2013