France rss

EDF sees 2018 as 'year of the rebound' for finances

Corporate

16 February 2018

EDF expects its profit to bounce back this year thanks to higher power prices and increased availability of its French nuclear units following prolonged stoppages for safety inspections in 2017.

EDF subsidiary wins Italian waste reduction contract

Waste and Recycling

07 February 2018

Trino 48EDF subsidiary Cyclife will treat some 1800 tonnes of metal waste produced during the decommissioning of three Italian nuclear power plants under a contract signed with Societa Gestione Impianti Nucleari SpA. The five-year contract is worth about €28 million ($35 million).

New Areva changes name to Orano

Corporate

23 January 2018

New Areva announced today it has been renamed Orano. New Areva comprises Areva's nuclear fuel cycle activities that remained after the spin-off and subsequent sale of its reactor business. New NP - Areva's former reactor business - was renamed Framatome earlier this month.

IAEA assesses waste management in France and Spain

Waste and Recycling

09 February 2018

France has demonstrated a comprehensive commitment to safety with a responsible approach to the management of used nuclear fuel and radioactive waste, a mission from the International Atomic Energy Agency has concluded. Preparations are under way for missions to Spain later this year.

Le Creusot to resume manufacture of forgings

Regulation and Safety

26 January 2018

Framatome said yesterday it had received approval from the French Nuclear Safety Authority and EDF to resume the manufacture of forgings for the French nuclear fleet at its Le Creusot site. The approval reflects the improvement plan launched at the site at the beginning of 2016, which Framatome said is now 90% complete and will be fully closed out in the first half of this year.

Framatome expands instrumentation and control business

Corporate

19 January 2018

France's Framatome has signed an asset purchase agreement with Schneider Electric to acquire its nuclear instrumentation and control (I&C) business. The asset purchase agreement outlines the terms of the sale, which is expected to close by the end of March.