[Machine Translation] EDF and Normandy join forces in the framework of a regional energy policy that is more efficient and closer to the ground. EDF is still the champion of major shared infrastructures at national level. It works to produce competitive, low-carbon and abundant electricity for its customers, which is then distributed throughout France. But there are also more and more local demands: eco-neighborhoods, district heating projects, heat generation from waste, smart lighting systems that must be implemented within territories, metropolises, medium-sized towns . In the nuclear sector, the Flamanville EPR was to be a showcase. The costs have exploded, the construction took three years late. Why ? The situation has improved. For the last three years, we have respected the budget and schedule that were set shortly after my arrival at the helm of EDF. We are making good progress since we are planning to obtain authorization to load nuclear fuel by the end of 2018. Flamanville 3 will be a showcase. She arrives a little late, there is no doubt. It costs more than expected. But it will be a technological showcase. Flamanville will help us export our nuclear know-how, particularly in Asia, where a large part of the projects for new nuclear power plants in the world are located.
Ouest France 15th Dec 2017 read more »
The board of French power utility EDF has given the go-ahead for the completion of its purchase of a majority stake in the nuclear reactor unit of Areva by year end. After a board meeting on Thursday in Paris, the nuclear focused state utility has given the green light to the transaction, according to sources close to the company. The deal will see EDF purchase 75.5 per cent of Areva NP. An announcement is expected early next week.
FT 15th Dec 2017 read more »