France yet to agree with EU over nuclear reform

France yet to agree with EU over nuclear reform
  • Clock-gray 01:55
  • calendar-gray 08 December 2020

France and the European Union are yet to reach a firm agreement over Paris’s plans for a reform of its nuclear industry, an Elysee presidential palace official said on Monday, amid talks that will entail a reorganisation of power group EDF, APA reports citing Reuters.

The talks between France and the European Commission include the ARENH price mechanism under which competitors can get access to nuclear energy produced by EDF. Because EDF is a state-owned utility, the EU has a say on its reform on competition grounds.

The looming reform, which would see EDF’s nuclear business separated from others such as renewable energy, has already raised hackles among labour unions, fearful that a split will have consequences for jobs.

Speculation had mounted in recent weeks that a deal with the EU was nearing, and that Paris was ready to start putting some elements of the reform through parliament.

“There is not yet an agreement with the Commission on some of the key parametres,” an official with the Elysee presidential palace said, speaking ahead of President Emmanuel Macron’s visit to a nuclear equipment factory run by a EDF subsidiary Framatome on Tuesday.

The official said it was too soon to say when the new legislation on the nuclear sector could emerge.

“Talks (with Brussels) are advancing and are constructive,” the official added.

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