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EDF could ring fence half of French distribution network to fund nuclear decommissioning EDF has admitted it is considering ring fencing half of the French distribution network to pay for nuclear decommissioning. The firm put out a statement today following market speculation yesterday confirming it is "studying the possibility to allocate 50 per cent of RTE to its dedicated assets portfolio". EDF is required by law to build up a portfolio of assets in order to meet future decommissioning costs. By keeping RTE within its ownership, the company would avoid breaching French law on the ownership of its assets. Source: Utility Week © Faversham House Group Ltd 2010. News articles may be copied or forwarded
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