why EDF has historical debt

EDF suffered the biggest loss in its history: 64.5 billion euros in 2022. For good reason: the rise in energy prices, according to journalist Maéva Damoy, present on the set of 19/20, Friday 17 FEBRUARY. “EDF was rather a victim of soaring prices because the company had to buy electricity at exorbitant prices on the markets. The reason: it could not produce enough energy”. Only half of its reactors can work.

A renationalization to bail out the coffers

The rise in electricity prices brought back EDF customers, who had to buy back electricity to meet their needs. The state also asked him to sell his electricity at a lower price, to limit the impact on the bill of the French, which resulted in a loss of 8.34 billion euros. “The company is counting on its renationalization to finance the new power plants”, the cost of which is estimated at 51.7 billion euros. To finance them, the government could in particular “use the money invested with the livret A by the French”.