The main objective of the EDF reorganization project called “Hercules” is to have Brussels accept new nuclear price regulations, alongside other objectives such as the search for a better financing framework for future nuclear projects . The project therefore consists of separating production activities from marketing activities, in order to make transparent all EDF’s purchases that must be made on the wholesale market, in the same way as its competing suppliers. To do this, independent companies of different status would be created: “EDF bleu”, public, for nuclear production; “Green EDF”, up to 35% privatizable, which would include EDF’s commercial activities alongside other regulated activities. The whole would be capped and closely managed by a public holding company.
Le Monde 19th Feb 2021 read more »