It was nationalized to force it build new reactors despite demand not growing enough
The 138€ is under pessimistic assumptions. Min profitability limit on the other hand is 9ct/kwh. But nobody denies fla3 was a failure.
You didn't understand the electric cap in France. It's a cap on profits. If edf sells at certain thresholds above 70€ due to market, the state will take extra profit. It's sort of like double CFDs for renewables except edf has no minimum compensation
The 138€ is under pessimistic assumptions. Min profitability limit on the other hand is 9ct/kwh. But nobody denies fla3 was a failure.
You didn't understand the electric cap in France. It's a cap on profits. If edf sells at certain thresholds above 70€ due to market, the state will take extra profit. It's sort of like double CFDs for renewables except edf has no minimum compensation