Electricite De France SA (EDF.PA)
LONDON A joint venture between asset management company Amundi and French utility EDF has bought a majority stake in 132 gas-fired cogeneration plants in France for 150 million euros (131.02 million pounds), Amundi said on Tuesday.
Co-operative Energy has been chosen to supply customers of bankrupt GB Energy, British energy regulator Ofgem said.
PARIS French energy markets regulator CRE proposed on Tuesday tighter rules under which alternative energy providers buy power from nuclear power station managed by state-controlled utility EDF .
PARIS France does not risk electricity blackouts this winter despite 19 out of its 58 nuclear reactors on prolonged outages, French Energy Minister Segolene Royal said on Friday, a day after utility EDF postponed the restart of five reactors.
PARIS French electricity grid operator RTE said on Monday a consortium it was leading, alongside PwC and French infrastructure consulting firm Nodalis, has been chosen to help get Cameroon's new power grid company operational.
LONDON The nuclear industry is gradually recovering from its post-Fukushima slump, but excess capacity keeps uranium prices at record lows, forcing mining companies to mothball mines, slice costs and cut debt as they struggle to survive.
LONDON/PARIS The British government and France's EDF will officially sign a contract to build Britain's first new nuclear power plant in a generation on Thursday, after months of wrangling over the involvement of EDF's Chinese partner, sources said.
* EDF, UK government scheduled to sign Hinkley Point contract Thursday - source Source text for Eikon: Further company coverage: (Geert De Clercq, firstname.lastname@example.org email; +33 1 4949 5452)
LONDON Britain does not need EDF's 18-billion pound ($23 billion) Hinkley Point C nuclear plant to ensure the lights will stay on because alternative projects like new gas plants will be able to fill the gap, the CEO of energy company SSE said.
LONDON China has cautioned Britain against closing the door to Chinese money and said relations were at a crucial juncture after Prime Minister Theresa May delayed signing off on a $24 billion nuclear power project.