The company logo for Electricite de France (EDF) is seen in Paris, France, March 2, 2021. REUTERS/Benoit Tessier
French state-controlled power group EDF (EDF.PA) said on Wednesday that talks over a restructuring of the company between France and the European Commission remained difficult, as EDF posted higher first quarter sales.
The talks between France and the European Commission include the ARENH price mechanism under which competitors can get access to nuclear energy produced by EDF, and as EDF is a state-owned utility, the EU has a say on its reform on competition grounds.
“Discussions on the Arenh reform and the reorganisation of EDF are ongoing between the French State and the European Commission and they remain difficult. There is s…
Read the full article at: https://www.reuters.com/business/energy/french-power-group-edf-restructuring-talks-with-eu-remain-difficult-2021-05-12/