Published
Update
Article written by
/2021/12/14/61b8b98e077d1_france-2.png)
During her general policy speech before the National Assembly, Wednesday July 6, Elisabeth Borne announced the renationalization of EDF. The State currently owns nearly 84% of the electrician, and therefore intends to increase to 100%.
It was a track mentioned by Emmanuel Macron during the campaign, and it is now official. During her general policy speech before the National Assembly, Wednesday, July 6, Elisabeth Borne announced the nationalization of EDF. A renationalization which comes 17 years after the partial privatization of the company. Until now, the company was nearly 84% owned by the state. So it will now be 100%.
Estimated cost of the operation for public finances: six to eight billion euros. This sum should enable EDF to finance its future projects, in particular the six new EPR-type nuclear power plants that EDF should build by 2037. For most players in the sector, this renationalisation was become essential in the face of the company’s difficulties, with a drop in production, growing debts and the need for affordable and sovereign energy due to the war in Ukraine.
the news at 8 p.m.
Every day, receive your 8 p.m. news directly
Newsletter subscription
France Télévisions uses your email address to send you newsletters.
articles on the same topic
Seen from Europe
Franceinfo selects daily content from European public audiovisual media, members of Eurovision. These contents are published in English or French.