Edition:
United Kingdom

Benjamin Mallet

France's EDF flags problems with nuclear welds, shares dive

10 Sep 2019

PARIS French utility EDF has discovered problems with the weldings and other components in some of its nuclear reactors, it said on Tuesday, sending its shares down more than 8% as investors worried about potential closures.

EDF eyes lifespan extension with Tricastin 1 nuclear reactor upgrade

28 Jun 2019

SAINT-PAUL-TROIS-CHÂTEAUX, France French state-controlled utility EDF has started a 250 million euro (224 million pounds) maintenance and upgrade works at its 900 megawatt Tricastin 1 nuclear reactor that could enable it operate for another ten years.

EDF must sell more nuclear power at fixed cost to protect consumers-lobby groups

23 May 2019

PARIS, May 23 France should double the amount of nuclear energy that state-controlled utility EDF must sell to rivals at a fixed price to protect consumers from higher prices, alternative suppliers and consumer lobbies said on Thursday.

RPT-FOCUS-Engie to scale back overseas, cut costs to boost revenues - sources

22 Feb 2019

PARIS, Feb 21 Utility Engie is poised to cut back its geographical spread of businesses and focus on grids and renewables in a 1 billion euro cost-cutting drive to bolster revenues, sources familiar with the matter said.

Engie to scale back overseas, cut costs to boost revenues: sources

21 Feb 2019

PARIS Utility Engie is poised to cut back its geographical spread of businesses and focus on grids and renewables in a 1 billion euro cost-cutting drive to bolster revenues, sources familiar with the matter said.

France considering lower electricity tax for households: sources

06 Dec 2018

PARIS In the wake of violent protests across France sparked by planned tax rises on gasoline and diesel the government is considering lowering taxes on electricity, two sources familiar with the situation told Reuters on Thursday.

UPDATE 1-France considering lower electricity tax for households -sources

06 Dec 2018

* Authorities taking steps to quell unrest (Adds detail and background)

French power companies consider legal challenge to price freeze

04 Dec 2018

PARIS French independent power vendors association ANODE is considering making a legal challenge to a government freeze on state-owned EDF's electricity prices, it said on Tuesday.

UPDATE 1-French power companies consider legal challenge to price freeze

04 Dec 2018

* State Council would likely overrule tariff freeze (Adds detail, analyst comment)

Total has 'Uber-like' ambitions to shake up French power market

26 Nov 2018

PARIS Total's French retail electricity arm is on track to win 700,000 customers this year, challenging former state monopolies EDF and Engie with a low-cost, digital service it believes could mimic Uber's success in the taxi market.

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