The renationalisation of EDF, now documented by Elizabeth Bourne, raises several questions. What are the reasons for this executive decision, what is the cost or what are the consequences for the French electricity market?
• Why start this activity?
Nationalization should make it possible to stabilize the financial situation of the French energy giant. It continues to accumulate financial failures. added to the additional costs associated with the difficulties of the existing nuclear fleet, the expansion of the ARENH system, which allows competitors access to competitively priced electricity, and finally the financing of the tariff shield. The government wanted to prevent the French from becoming too burdened with energy costs. At the beginning of the year, the group suspended financial forecasts for both gross operating surplus (Ebitda) and debt ratio. As a result, rating agencies downgraded…
Source: Le Figaro
