EDF’s New CEO Pleads for Higher Tariffs to Improve Finances
This article is for subscribers only.
Electricite de France SA’s new chief pleaded with lawmakers for higher power tariffs to improve the finances of the state utility and its fleet of aging reactors.
“The first challenge is to improve the health of EDF’s economic situation,” incoming Chief Executive Officer Jean-Bernard Levy told senate legislators in Paris. “EDF’s situation is difficult if there isn’t an increase in tariffs.”