06 June 2016 06:20 Source:ICIS
The modernisation of the French nuclear fleet is the “best means of producing competitive electricity by 2030”, according to a spokesman for power incumbent EDF. Yet market observers are divided on the ability of the company to bear the costs.
EDF plans to invest a total of €51bn over the period 2014-2025, increasing its annual investment commitments to €4.2bn from €3bn.
The operating cost of the French nuclear industry will reach €55.00/MWh, (…)