{"id":6068,"date":"2023-11-24T15:35:39","date_gmt":"2023-11-24T11:35:39","guid":{"rendered":"https:\/\/greentech.re\/project\/historic-agreement-for-nuclear-energy-a-new-era-for-edf-and-french-competitiveness\/"},"modified":"2024-04-13T16:28:09","modified_gmt":"2024-04-13T12:28:09","slug":"historic-agreement-for-nuclear-energy-a-new-era-for-edf-and-french-competitiveness","status":"publish","type":"project","link":"https:\/\/greentech.re\/en\/project\/historic-agreement-for-nuclear-energy-a-new-era-for-edf-and-french-competitiveness\/","title":{"rendered":"Historic Agreement for Nuclear Energy: A New Era for EDF and French Competitiveness"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6068\" class=\"elementor elementor-6068 elementor-5391\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f60ee75 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f60ee75\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-208b76e\" data-id=\"208b76e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3508240d elementor-widget elementor-widget-video\" data-id=\"3508240d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;video_type&quot;:&quot;vimeo&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<iframe class=\"elementor-video-iframe\" allowfullscreen allow=\"clipboard-write\" title=\"youtube Video Player\" src=\"https:\/\/www.youtube.com\/embed\/Uz6A3y1baBM?feature=oembed&amp;color&amp;autopause=0&amp;loop=0&amp;muted=0&amp;title=1&amp;portrait=1&amp;byline=1\"><\/iframe>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f5b07f elementor-widget elementor-widget-heading\" data-id=\"5f5b07f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">\ud83d\udd0c\ud83d\udca1 November 2023: Historic Agreement for Nuclear Energy: New Era for EDF and French Competitiveness \ud83d\udca1\ud83d\udd0c\n\n\n<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-597b684d elementor-widget elementor-widget-text-editor\" data-id=\"597b684d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>After months of negotiations, the French government and EDF have announced a major agreement redefining the nuclear power landscape in France. The agreement, unveiled at a press conference by Bruno Le Maire, the French Minister for the Economy, sets an average selling price &#8220;of around 70 euros per megawatt-hour&#8221; for all nuclear power generation from 2026 onwards.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3db5ec elementor-widget elementor-widget-image\" data-id=\"a3db5ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.youtube.com\/watch?v=y9fwc5qnxwk&#038;t=66s\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"293\" height=\"172\" src=\"https:\/\/greentech.re\/wp-content\/uploads\/2023\/11\/public-senat.png\" class=\"attachment-medium size-medium wp-image-5854\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5fdad11 elementor-widget elementor-widget-heading\" data-id=\"5fdad11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\ud83d\udd17 Main Points of the Agreement :\n\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e95279 elementor-widget elementor-widget-text-editor\" data-id=\"9e95279\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>1\ufe0f\u20e3 <strong>End of ARENH<\/strong>: The current mechanism of regulated access to historical nuclear electricity (ARENH) will be abandoned by the end of 2025, paving the way for a new era of regulation.<\/p>\n<\/p>\n<p>2\ufe0f\u20e3 <strong>Permanent protection<\/strong>: The new agreement guarantees permanent protection for consumers and businesses, unlike ARENH, which only covered a portion of production.<\/p>\n<\/p>\n<p>3\ufe0f\u20e3 Threshold <strong>pricing<\/strong>: Incorporating a threshold taxation system, the agreement aims to cushion market fluctuations, ensuring price stability.<\/p>\n<\/p>\n<p>4\ufe0f\u20e3 <strong>Economic Competitiveness<\/strong>: The agreement was designed to reconcile national economic and energy issues, ensuring both the competitiveness of French industry and EDF&#8217;s profitability.<\/p><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa11419 elementor-widget elementor-widget-heading\" data-id=\"fa11419\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\ud83d\udcac Key statements :\n\n\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af61ddf elementor-widget elementor-widget-text-editor\" data-id=\"af61ddf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\ud83c\udf99\ufe0f <strong>Bruno Le Maire<\/strong>: &#8220;This agreement guarantees a price level of around \u20ac70 per megawatt-hour for nuclear electricity, laying the foundations for France&#8217;s new nuclear regulation and bringing EDF into the 21st century.&#8221;<\/p>\n<\/p>\n<p>\ud83c\udf99\ufe0f <strong>Luc R\u00e9mont (EDF CEO)<\/strong>: &#8220;This is a demanding decision for EDF, but a necessary one to bring together all of our country&#8217;s economic and electrical challenges.&#8221;<\/p>\n<\/p>\n<p>\ud83c\udf99\ufe0f <strong>EDF&#8217;s financial objectives<\/strong>: With debts of 65 billion euros, EDF aims to stabilize its deficit and free up margins to finance the French nuclear program.<\/p><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ada0ac elementor-widget elementor-widget-heading\" data-id=\"7ada0ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\ud83d\udcca Future prospects for EDF and energy in France :\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e85417 elementor-widget elementor-widget-text-editor\" data-id=\"0e85417\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u27a1\ufe0f <strong>Major investments<\/strong>: EDF has embarked on an ambitious nuclear program, including the construction of six new reactors at a cost of 50 billion euros, and the upgrading of existing facilities.<\/p>\n<\/p>\n<p>\u27a1\ufe0f <strong>Balancing Competitiveness and Profitability<\/strong>: The agreement aims to strike a vital balance between industrial competitiveness, household stability and EDF&#8217;s profitability.<\/p>\n<\/p>\n<p>\ud83c\udf0d\u26a1\ufe0f A decisive step towards competitive and sustainable nuclear energy, helping to shape a resilient energy future for France!<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5c38f51 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5c38f51\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div 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