edf

Edf

Alstom (7)
Edf (20)
Energy company (25)
Energy industry (10)
Energy sector (7)
Itron (7)

Synopsis: Domenii: Energy: Energy generale: Energy companies: Edf:

R_www.bbc.com_news_business 2015 00152.txt.txt

France's EDF and CGN, a Chinese nuclear consortium, are poised to agree to build the plant,

In essence, the government has guaranteed EDF a price of £92. 50 per megawatt hour (Mwh), or £89. 50 if EDF develops another new reactor in Sizewell, Suffolk.

This simply reflects the fact that EDF's costs will be lower per reactor if it builds two of them.

If the market price of electricity falls below this level, the government has said in effect it will make sure EDF receives the difference between the two prices.

The wholesale price of electricity at the moment is about £45/Mwh. If the wholesale price remains at this level

then EDF will receive an additional £47. 50/Mwh. In practice, this money will not come from taxpayers (that would count as a subsidy),

The strike price works the other way as well-EDF has to refund the difference if the price of electricity is above £92. 50/Mwh.

and EDF wants to build two of them. The final bill for just Hinkley is estimated at £24. 5bn.

Even for a massive company like EDF, this is a huge investment, which makes it inherently risky.

For this reason, EDF needs an added incentive to build the reactors. Knowing it will receive a guaranteed price for the electricity generated at Hinkley provides some kind of certainty that the investment will be worthwhile-in other words, profitable.

therefore, been forced to negotiate with EDF. But this doesn't mean EDF holds all the cards-the company is desperate to get Hinkley Point C started so it can serve as a blueprint for similar power stations across the world.

So what does it mean for bills? Until we know the price of electricity on the open market

And it wants EDF to lead by example, paving the way for other power companies to invest in new reactors in the UK,

timesofindia.indiatimes.com_home_science 2015 00573.txt.txt

the 2014 Humanitech Challenge jointly organised by the Red Helmets Foundation and Orange and EDF's'Sharing energy in the city, 2030'challenge.

They were given also the opportunity to present their project at EDF's stand at the Saint-Etienne Design Biennale in March.'

'A technical feasibility study was carried out on the balloon last November in partnership with EDF, Dassault systemes, the Red Helmets Foundation and the Institute of Research and development on Photovoltaic Energy (IRDEP.

the 2014 Humanitech Challenge jointly organised by the Red Helmets Foundation and Orange and EDF's'Sharing energy in the city, 2030'challenge.

They were given also the opportunity to present their project at EDF's stand at the Saint-Etienne Design Biennale in March.'

www.greentechmedia.com 2015 02334.txt.txt

Germany E ON and RWE, France GDF SUEZ, Électricité de france, and Italy Enel are named in the analysis, which found heavily coal-reliant utilities fared worse.

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