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2025-10-05 21:22:12 UTC
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Billiglarper on Nostr: It looks so good that they just had to nationalize EDF and its enourmous debt (70 ...

It looks so good that they just had to nationalize EDF and its enourmous debt (70 billion € debt and 10 billion € shares) . And has no idea how to replace its aging nuclear fleet. Just life extension to 50 years is planned at 50 billion €. With no proper idea or plan on how to build the new nuclear plants to replace them.

Heck, EDF just raised prices to 67.50€/MWh for its existing fleet due to another unplanned shutdown.

https://balkangreenenergynews.com/french-power-prices-jump-as-edf-looks-into-possible-nuclear-reactor-defect/