Francois Hollande

France ousts pro-nuclear head of power group EDF

Thursday, October 16, 2014

President Francois Hollande ousted the pro-nuclear boss of France's main power utility EDF on Wednesday, replacing him with the head of defence electronics firm Thales a day after a new pro-renewables policy became law.

Outgoing Chairman and Chief Executive Henri Proglio had been seeking to renew a mandate that expires next month.

But his pro-nuclear views and status as a 2009 appointee of conservative former president Nicolas Sarkozy sat uncomfortably with the policy of Hollande's Socialist administration, which pushed through a new law on Wednesday that caps nuclear production at the current level.

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France caught between nuclear cliff and investment wall

Thursday, May 1, 2014

PARIS, April 30 (Reuters) - France must decide in the next few years whether it wants to continue its nuclear-driven energy policy at a cost of up to 300 billion euros ($415 billion) or if it wants to embark on an equally costly route towards using other fuels.

Most of the country's 58 nuclear reactors were built during a short period in the 1980s, and about half will reach their designed age limits of 40 in the 2020s, pushing France towards what industry calls "the nuclear cliff."

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EDF may extend nuclear plant depreciation - paper

Tuesday, November 12, 2013

Nov 12 (Reuters) - French state-controlled utility EDF will consider extending the depreciation period for its nuclear plants, its chief executive told a newspaper, potentially freeing up cash for the country's promised shift towards greener energy.

Sources close to the matter told Reuters in September that France could help finance a drive for more renewable energy by extending the depreciation period of EDF's nuclear plants, which would boost EDF's profit and the dividends it pays the government.

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Commission split over state aid for nuclear

Thursday, October 3, 2013

The European Commission is divided over state-aid rules for energy and the environment ahead of a debate to be held in Strasbourg next week (Tuesday 8 October). The Commission is preparing guidance for member states in a bid to solve inconsistencies that have plagued two areas: feed-in tariffs for renewable energy, and state subsidies for nuclear power plants. A draft version of the guidance will be issued by the end of the year, with a view to adoption in 2014.

The nuclear industry wants European Union rules changed so that member states can provide direct state aid for building nuclear power plants. But member states and Commission departments are split on the issue. Several member states – including France, the Czech Republic and the UK – want the Commission to relax state-aid rules so they can use environmental subsidies to fund nuclear plants, seeing such a policy as part of a ‘low-carbon' approach. But other countries, including Germany and Austria, are adamantly opposed to nuclear being on the same footing as renewables when it comes to environmental subsidies.

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EDF : Fessenheim Nuclear Plant Dismantlement Not Until 2018 - Report

Thursday, September 26, 2013

PARIS--France's oldest nuclear plant Fessenheim, in the east of the country bordering Germany, won't be dismantled until 2018 at the earliest due to the plant's lengthy closing procedures, the French government mediator for the shut down of Fessenheim Francis Rol-Tanguy said in an interview with French daily Les Dernieres Nouvelles d'Alsace.

The closing of Fessenheim is seen as a litmus test for French President Francois Hollande's ability to reform the country's strategy on energy which heavily relies on its nuclear capacities. By law only the operator of a power plant or France's nuclear regulator can decide to shut down a reactor.

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French Greenpeace activists break into nuclear power plant

Monday, July 15, 2013

More than 20 Greenpeace activists climbed fences to break into an EDF nuclear power plant in southern France and demanded its closure, the environmental campaign group has said.

The activists, dressed in red, broke into the Tricastin plant at dusk on Sunday and unfurled a yellow and black banner on the wall with the words: "Tricastin, nuclear accident – president of the catastrophe?" above a picture of the president, François Hollande.

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New nuclear – nearly

Wednesday, June 5, 2013

As the FT reported on Friday, negotiations on the terms for new nuclear have advanced and there is increasing optimism that a deal can be done. The meeting between David Cameron and Francois Hollande in Paris two weeks ago amounted to a declaration of agreement in principle. Just three issues remain to be resolved.

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EDF’s Fessenheim Shutdown Will Push Region to Import Power

Friday, November 23, 2012

President Francois Hollande’s decision to shut Electricite de France SA’s oldest reactor at Fessenheim in 2016 may force the power-exporting eastern region to rely on imports and require extra spending on the local grid.

“The power supply situation of Alsace will become more fragile,” Dominique Maillard, president of grid operator Reseau de Transport d’Electricite, said at a press conference today.

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EDF Plan to Toughen Concrete Base of Oldest Reactor May Be Model

Monday, November 12, 2012

Electricite de France SA’s plan to bolster the concrete base of its oldest reactor would be a world first and could be extended to the rest of its French reactor fleet, the atomic safety regulator said.

EDF, which operates all of the country’s 58 reactors, has submitted a plan to the Autorite de Surete Nucleaire to carry out a project to thicken the base of the 900-megawatt Unit 1 of the Fessenheim plant in eastern France. The regulator, which ordered EDF to improve safety or shutter the reactor by the middle of 2013, could rule within two months on whether the plan is viable.

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France to close oldest nuclear plant end-2016: Hollande

Friday, September 14, 2012

(Reuters) - France will close its oldest nuclear power plant, Fessenheim, at the end of 2016, President Francois Hollande said on Friday, bringing the closure date forward by a few months.

"The Fessenheim power plant ... will close at the end of 2016, Hollande said, speaking a few days after a steam leak triggered a brief fire alert at Fessenheim, in eastern France, and following another safety alert earlier in the year.

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