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' Electricity of France '), commonly known as EDF, is a French multinational electric utility company owned by the government of France. Headquartered in Paris , with €139.7 billion in sales in 2023, [ 5 ] EDF operates a diverse portfolio of at least 120 gigawatts of generation capacity in Europe, South America, North America, Asia, the ...
It requires EDF to increase by 20 TWh the volume of nuclear electricity sold at reduced prices to its competitors, raising it exceptionally from 100 to 120 TWh. The measure is expected to cost EDF between €7.7 and €8.4 billion. EDF CEO Jean-Bernard Lévy sees it as “state aid in favor of [his] competitors”. [35]
Électricité de France (EDF) is the main electricity generation and distribution company in France. It was founded on 8 April 1946 as a result of the nationalisation of a number of electricity producers, transporters and distributors by the Communist Minister of Industrial Production Marcel Paul.
PARIS (Reuters) -France's EDF said on Monday it had identified four sites on its own land for data centres, as the state-owned utility seeks to speed up investments in the power-hungry infrastructure.
The French government is now expected to launch its takeover of EDF by the end of September after a slight delay due to the complexity of clearing the offer price, three sources said. France's ...
In 2019, France exported a total of 57 TWh of electricity with its neighbouring countries. Since 1990, each year, France roughly exports 10% of its annual production. Its annual exchange sold has always remained positive. [7] France was the leader in the export of electricity in 2008: 48 TWh followed by Paraguay 46 TWh and Canada 32 TWh. [41]
It also created a Coalition on Sustainable AI that includes Nvidia, IBM, and SAP, as well as French energy giant EDF, but without any clear targets or road map for what the organization will do ...
heavy water reactor, only one of its kind in France Brennilis NPP: Fessenheim NPP: Fessenheim: PWR: 1,760 (2x 880) 1977 (retired 2020) Reactor supplier Framatome T/G supplier Alstom Unit 1 closed in February 2020 and Unit 2 in June.