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PARIS, July 10 (Reuters) – The deliberate nationalisation of French energy utility EDF (EDF.PA) is not going to lead to a rise within the electrical energy payments of French households, authorities spokesman Olivier Veran stated on Sunday.
“The nationalisation of EDF can have no influence on the price of electrical energy for the French individuals,” Veran advised LCI tv.
EDF and the French authorities are searching for a brand new boss to overtake the facility utility and construct extra nuclear reactors, they stated on Thursday, a day after France introduced it might totally nationalise the debt-laden firm. learn extra
EDF, by which the state already has an 84% stake, is certainly one of Europe’s largest utilities and is central to France’s nuclear technique, which the federal government is banking on to blunt the influence of hovering power costs exacerbated by the conflict in Ukraine.
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Reporting by Dominique Vidalon;
Modifying by Alison Williams
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