EDF to Ask Macron for Helpful Rules for French Nuclear Fleet
- Company maintains 2017 targets as first-quarter sales decline
- Macron’s long-term target for the energy mix is positive: CFO
An EDF logo sits on a sign outside a hydroelectric power plant operated by Electricite de France SA (EDF), in Bort-les-Orgues, France, on Tuesday, May 13, 2014. President Francois Hollande has vowed to lower dependence on nuclear power to 50 percent of all electricity produced by around 2025.
Photographer: Balint Porneczi/BloombergElectricite de France SA, the world’s largest operator of atomic power stations, will seek new rules from President-elect Emmanuel Macron that would help it build new reactors and allow its existing fleet to remain competitive.
“We’ll discuss a consistent set of regulations with Emmanuel Macron’s team and the new government in order to set the right, positive and fair set of regulations for our industry,” the state-controlled utility’s Chief Financial Officer Xavier Girre said Tuesday on a conference call.