Re:The duck in the room – the end of baseload
by TheLoafOfBread on Tuesday June 13, 2023 @08:16AM
(#36309116)
EDF is a state company owned by French state.
https://en.wikipedia.org/wiki/%C3%89lectricit%C3%A9_de_Franc...
For ones too lazy to open the Wikipedia page, it was state owned since its inception.
Founded 1946; 77 years ago
Founder French state under the direction of Provisional Government Minister for Industrial Production Marcel Paul
Re:The duck in the room – the end of baseload
by Gwypaas on Tuesday June 13, 2023 @08:27AM
(#36309243)
Nationalized last week due to the hole they dug for themselves using nuclear power.
https://www.reuters.com/business/energy/french-utility-giant...
Re:The duck in the room – the end of baseload
by throw0101b on Tuesday June 13, 2023 @12:32PM
(#36312737)
> In a capitalist system of electricity markets, things which are valuable have to be turned into prices to make them happen.
Some things are mandated regardless of what they cost (reliability regulations, or lack thereof). Just ask Texas:
* https://en.wikipedia.org/wiki/2021_Texas_power_crisis
* https://en.wikipedia.org/wiki/2011_Groundhog_Day_blizzard#Te...
(France's big nuclear build out was extremely socialist planned economy, only later privatized as EDF)