EDF fleet upkeep will cost over 100 billion euros by 2035, court of auditors says

Electricite de France SA

17/11/2025 10:25

PARIS, Nov 17 (Reuters) - French utility EDF will need to invest more than 100 billion euros ($116 billion) between 2014 and 2035 to extend the lifetime of its fleet of 57 nuclear reactors by up to 60 years, the French court of auditors said in a report on Monday.

France's nuclear fleet accounts for about 70% of power production in the country. EDF will have to balance these costs with the expenses of building an addition six new reactors, which is expected to have a final cost estimate by the end of the year.

 ($1 = 0.8619 euros)

 (Reporting by Forrest Crellin; Editing by Hugh Lawson)

 ((Forrest.Crellin@thomsonreuters.com;))