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3/10/21

EDF: : EU Commission wants to break up EDF, its CEO says

The European Commission disagrees with a French government plan to restructure EDF and sees a break-up of the nuclear utility into several units as the only solution, the state-owned firm’s chief executive Jean-Bernard Lévy said in an interview.

The French government wants to separate EDF’s capital-intensive nuclear power arm from other parts of its business and needs EU clearance to make sure the new structure would not amount to state aid or crimp competition in a power market still largely dominated by the former monopoly operator.

Levy said there had been little progress i

Read more at: EU Commission wants to break up EDF, its CEO says – EURACTIV.com

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