this post was submitted on 16 Dec 2023
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What the fuckโs an EDF?
Apparently (judging by Google) Electricite de France SA, the French electricity company building a new nuclear power plant in the UK.
I think it is about this currently happening:
https://www-wiwo-de.translate.goog/technologie/wirtschaft-von-oben/wirtschaft-von-oben-212-britische-atomkraft-hier-manifestieren-sich-die-spannungen-zwischen-china-und-dem-westen-in-der-britischen-kernenergie/29183042.html?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=de&_x_tr_pto=wapp German website translated with google.
Basically if the Chinese don't pay the UK won't pay either. This is terrible because EDF had already to pay a huge fine for a Finnish nuclear plant that finished (haha) 12 years too late and the French government is also running out of money building their own nuclear plants with EDF, while having to keep their old plants from breaking down. They had to raise the price of nuclear power for 60 % this year and decided to build additionally offshore wind plants, because they finally had to realize new nuclear power plants will arrive way too late. It's a huge mess.
Big french electric company that also sells electricity in the UK.