Reseau de Transport d'Electricite

EDF may allocate half of RTE to nuclear costs fund

Wednesday, July 21, 2010

PARIS, July 21 (Reuters) - French power company EDF said it might allocate half of its Reseau de Transport d'Electricite (RTE) power grid to a portfolio of assets set up to fund the dismantling of nuclear reactors.

Under a 2006 law on financing nuclear expenses, EDF must build up a portfolio of dedicated assets to meet the future costs of decommissioning nuclear power plants and storing radioactive waste.

Posted in | »