[Machine Translation] EDF: the state can avoid an industrial and financial disaster. EDF is the worse for having relied on a nuclear industry with an uncertain future. The state must resume its role as strategist and push EDF as other historical actors to renewable energy, where market shares are important to take. By Raphael Homayoun Boroumand, Professor at the Paris School of Business, Stéphane Drop, Lecturer at the University of Paris 8, and Thomas Porcher Professor at the Paris School of Business. EDF is not a flagship of French industry is facing a wall of huge investments of tens of billions of euros in the coming years for which provisions are insufficient (power plant maintenance, life Areva , UK EPR, decommissioning). The output of the CAC 40, with a market value divided by 8 since 2008 (a loss of value of € 136 billion), and a 2015 profit divided by three in one year, suggest an industrial and financial disaster.
La Tribune 22nd Feb 2016 read more »