“Neither its organization nor its finances allow EDF to meet all the challenges it faces”. Ensuring the country’s energy security, promoting French know-how internationally, producing ever greener products and serving as a financier of last resort: EDF is subject to contradictory political injunctions, underlines in his column Jean-Michel Bezat, journalist Le Monde. Let’s face it, we would not like to be in the place of the CEO of EDF. At the controls of the energy giant since 2014, Jean-Bernard Lévy is not the type to let his arm be twisted without a fight. But after tough negotiations, the state shareholder (83.9%) ended up imposing its views on it: within the framework of the mechanism for regulated access to historical nuclear electricity (Arenh), imposed by Brussels in 2011 in the name of the competition, he will have to sell to his competitors – at a sale price, it’s in season – 20% more power than usual.
Le Monde 17th Jan 2022 read more »