Friday, May 20, 2016

Compensation for Fessenheim: Ségolène Royal’s letter to the CEO of EDF – Les Echos

The series of closing Fessenheim continues, but this time on the financial side. The Energy Minister, Segolene Royal, evaluates between 80 and 100 million, according to preliminary calculations of its services, the amount of compensation to which EDF could claim in exchange for the early closure of the two reactors at the plant Fessenheim (Haut-Rhin), say several sources, confirming a report in the “world”.

The Minister sent a letter to this effect in early May, EDF Chairman and CEO, Jean-Bernard Lévy, who has reported to its Board of Directors ( “the Echoes “were able to obtain a copy of this letter to read below). A qualified amount of “provocation” , particularly among elected staff. “This letter is staggering. It is an insult to the company and his personal “, says Maxime Villota, employee director of EDF (sponsored by the CGT). “ The State takes us with one hand what he has given the other” , says one of them, referring to the capital increase of 4 billion project euros announced by the government in April.



EDF talking about an amount “billions” of euros

There are two years, members Hervé Mariton (Republicans) and Marc Goua (PS) had, in an information report, valued at 4 billion euros the amount of compensation to which EDF could claim. An amount then called “wacky calculations” by Ségolène Royal.

Mandated by the Minister in the last few weeks, the Interministerial Delegate responsible for the closure of the Fessenheim plant, Jean-Michel Malerba, established the calculation of the government relying in particular on the electricity market price low. “But even if we put all the most negative possible settings, it is not clear how such a figure could leave” , said a source at EDF.

“The proposed amount is not insignificant. We are in constructive dialogue since October 2015 and this dialogue will continue “, now satisfies the entourage of the Minister of Energy. The public electrician plans to send its own copy within two weeks, an amount that will count “billions” , said a source familiar with the matter.



tug of tense

The standoff looks tense. To take by the end of the year a decree which will repeal the authorization to operate Fessenheim, as announced by Ségolène Royal and to respect the campaign pledge of François Hollande, EDF and the state have s grant to sign an indemnity agreement. This will be subject to the opinion of the social partners of the electrician, but above all they must be ratified by the board.

Fessenheim, the oldest French central

In operation since 1977, the Fessenheim site in the Rhine, is the oldest business in France in nuclear power plant. During the 2012 presidential campaign, Hollande promised closure. Its judgment must follow the start-up of the future Flamanville EPR reactor, which should be launched in late 2018.

For if the electrician is held 85% state it of minority shareholders. Swiss and German energy companies also have the of “drawing rights” on a third of the electricity production of the Fessenheim plant. And, legally, EDF relies on the Constitutional Council, which estimated that capping of nuclear installed capacity at the current level (63.2 gigawatts) provided by the energy transition law, was not ” no obstacle “ that EDF can claim to ” compensation for damage suffered “.

the letter by Ségolène Royal to Jean-Bernard Lévy



View post it imgur.com



Veronique Le Billon

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