Values of the day in Paris Engie / EDF: Brussels presents its favorable nuclear “taxonomy”
(AOF) – Engie gained 1.2% to 13.2 euros while EDF rose 2.5% to 10.6 euros. The European Union integrates nuclear power among green energies. On December 31, Brussels finally lifted the veil on its “green” label project, Les Echos wrote this morning. The European Commission has sent the Member States of the Union a document setting out the criteria for classifying as “sustainable” investments in nuclear or gas power plants for the production of electricity. A compromise that goes in the direction of French interests, ensures the daily.
“Regarding nuclear, new power plant projects will have to have obtained a building permit before 2045 (with an appointment clause for the rest)”, indicates the newspaper.
“The work to extend the life of existing reactors (the” large fairing “of EDF, for example) should have been authorized before 2040”, continue Les Echos.
Guarantees in terms of waste treatment and dismantling of facilities are also required. However, this document is only provisional and should be subject to adjustment until mid-January.
As for gas, qualified as transitional energy, strict CO2 emission standards will be put in place.
On the side of EDF, if one prefers “to remain cautious while awaiting the final text”, one considers that “it is the recognition of what the European scientific community already explained” as for the dangerousness for the health or the nuclear environment. Namely that it would not be more dangerous than other technologies already included in the taxonomy, explains the daily.
“Although this text has just been adopted as it stands, it will build strong support for the nuclear industry, including in particular the cost of financing, which will reduce the cost of capital and improve the competitiveness of the nuclear industry. price of nuclear electricity “, estimates Invest Securities.
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