MNI China Daily Summary: Thursday, February 20

MNI BRIEF: U.S. Should Consult Before Tariffs Imposed - MOFCOM

MNI PBOC WATCH: Easing Paused Ahead Of Two Sessions

MNI BRIEF: China To Ensure Foreign Firms In Procurement

MNI: PBOC Net Drains CNY0.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1712 Thurs; -1.19% Y/Y

MNI: UK FEB CBI INDUSTRIAL TRENDS TOTAL ORDERS -28

MNI: EUROZONE DEC CONSTRUCTION OUTPUT +0% M/M, -0.1% Y/Y

MNI: GERMANY JAN PPI -0.1% M/M, 0.5% Y/Y

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: France, EdF To Finalise Talks on EPR 2 Programme Costs

POWER
CEEMEAEurozoneEnergy BulletsFranceBulletPower BulletsCommodities

France’s government and EdF are set to finalise talks on the construction of six new nuclear power plants – the EPR 2 programme - within weeks, Industry and Energy Minister Marc Ferracci told Sud Radio, cited by Bloomberg. 

  • The minister said that the costs for the six reactors will be less than €100bn and that the funding plan is complex.
  • Last week, the French government told EdF the firm’s plans for the budget and reactor design for the planned construction of six new nuclear reactors are unconvincing.
  • The cost for the new reactors was last estimated at €67.4bn. EdF planned to update the cost estimate by the end of 2024 but hasn’t done so yet, Reuters previously reported. 
118 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

France’s government and EdF are set to finalise talks on the construction of six new nuclear power plants – the EPR 2 programme - within weeks, Industry and Energy Minister Marc Ferracci told Sud Radio, cited by Bloomberg. 

  • The minister said that the costs for the six reactors will be less than €100bn and that the funding plan is complex.
  • Last week, the French government told EdF the firm’s plans for the budget and reactor design for the planned construction of six new nuclear reactors are unconvincing.
  • The cost for the new reactors was last estimated at €67.4bn. EdF planned to update the cost estimate by the end of 2024 but hasn’t done so yet, Reuters previously reported.