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EDF's debt complicates the relaunch of nuclear power

2021-11-10T18:56:07.253Z


Building six EPR 2s would cost between 48 and 59 billion over 30 years. The group will not be able to finance such an investment on its own.


The presidential announcement may have been relegated to the very end of a televised intervention on Covid-19, it is historic.

France is moving towards the construction of new nuclear reactors.

"We are going, for the first time in decades, to relaunch the construction of nuclear reactors in our country,"

Emmanuel Macron announced Tuesday evening.

According to the recommendations of the sector, the minimum number of EPR2 reactors to be ordered is three pairs of reactors.

The head of state should clarify his vision in the coming weeks.

In the meantime, EDF says it is

technically

“ready”

.

But the group does not have the means to finance, on its own, the construction of several pairs of EPR2, the new model of pressurized water nuclear reactor supposed to improve the design of the Flamanville EPR.

Read also

How EDF is preparing for the revival of nuclear power

The first pair of EPR2 reactors would cost between 17 and 21 billion euros, according to a draft government report published by the specialized agency Context.

The total bill of

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Source: lefigaro

All business articles on 2021-11-10

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