EDF

Latest news and articles about EDF from NEX English

French Government Acquires EDF: Costly Move with No Clear Benefit

The French Court of Auditors announced that the government's acquisition of 100% of EDF was a costly endeavor, amounting to €9.7 billion, without showing tangible benefits so far. This acquisition, completed in June 2023, raises questions about its viability.

Launch 240 Million Euro Plan to Support Poor Families Transitioning to Electric Energy

French energy company EDF has announced a new initiative worth <strong>240 million euros</strong> aimed at accelerating the transition of poor families and small businesses to electric energy. The plan includes financial support of up to <strong>1000 euros</strong> for <strong>80,000 low-income families</strong> to install heat pumps.

Total Energies Signs Long-Term Nuclear Energy Agreement

Total Energies SE has announced a 12-year agreement with EDF to purchase nuclear energy for its refineries and chemical sites in France. This move is part of Total's efforts to diversify its energy sources.