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France To Debate Extension For Edf In Amortizing Atomic Reactors

Sign up now! France vs. Finland, 2014 World Cup qualifying: Preview and TV schedule Gear Up! Jack Sargeant, SBNation Posted: Tuesday, October 15, 2013, 3:00 AM Didier Deschamps’ team host Finland in Paris on Tuesday, with the visitors currently sitting a position and five points below Les Bleus. France should take advantage of their superiority and record a win, though are unlikely to overtake group leaders Spain and qualify for Brazil 2014 automatically. For that to happen France need to win and hope Spain slip up and lose to Georgia, with a four goal swing in their favour. With the reigning world and European champions having not lost throughout their entire qualification campaign, the chance of that happening is minimal to say the least. However, France’s 6-0 friendly (or rather unfriendly) drubbing of Australia on Friday offers them some slight hope, with Deschamps having seen his side score ten goals in their last couple of games. Prior to then, they had gone an incredible five games without scoring a single goal. Projected lineups

Extending to 51 years would add 5 euros a share to the company, he said. The valuation would increase by 13.8 euros a share with an extension to 50 years, Martin Young, an analyst at RBC Capital Markets , said in a report last month, though that effect would be lowered by benefit sharing with the state or customers. Increasing Renewables The nuclear activity of EDF through amortizations that are already over long periods will provide sums that could be used by the state as shareholder, Minister Martin said. Funds may help boost French energy efficiency and renewables, he said. The Commission de Regulation de lEnergie regulator said in a study in June that extending amortization would have large and lasting consequences for electricity production costs as well as a one-time financial advantage for the utility. Amortization was pushed to 40 years from 30 years in 2003. An extension to 50 years would allow EDF to cut provisions, the regulator said. It may also curb state-set tariff increases. While EDF is seeking to operate its French reactors for 60 years, the regulatory system doesnt allow for the government to simply extend the operating lives. Autorite de Surete Nucleaire , the atomic regulator, carries out in-depth inspections on each reactor every 10 years, granting permission on a case-by-case basis depending on its findings. The regulator is also able to order the shutdown of a reactor on safety considerations. We are a long way from making a decision on extending beyond 40 years, Pierre-Franck Chevet, head of the ASN, told parliament in April.

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