French President Emmanuel Macron has appointed Bernard Fontana, current head of Framatome, as the new CEO of EDF. The move comes as EDF prepares for a significant expansion of nuclear energy in France, with plans to build six new reactors in the coming years.
The appointment comes as EDF is gearing up for an ambitious expansion of nuclear energy, with plans to construct six new nuclear reactors across France in the coming years. The French government recently cleared a significant hurdle for this project, securing a state loan to cover at least half the construction costs, a vital step towards realizing Macron's vision for an enhanced nuclear infrastructure.
Prime Minister François Bayrou, speaking to the press in central France, praised Fontana's leadership, noting his experience in leading teams and accelerating large-scale construction projects. “We are facing the construction of new nuclear plants, projects that are costly and complex, but Bernard Fontana’s leadership will be crucial as we move forward,” Bayrou said.
EDF has faced challenges in recent years, including long delays and budget overruns in the completion of its newest reactor, which was connected to the grid a full 12 years behind schedule. These difficulties have underscored the need for strong leadership as the company embarks on the ambitious task of expanding France’s nuclear energy capacity.
The leadership change comes after months of challenging negotiations between EDF and the energy sector over long-term power supply contracts. Despite these hurdles, the government remains committed to the nuclear buildout, positioning it as a cornerstone of France's energy future.
Fontana’s extensive experience in nuclear energy and his leadership at Framatome – a company in which EDF holds a majority stake – is expected to play a key role in addressing the challenges ahead. His appointment marks a new chapter for EDF as the utility company faces the pressures of modernizing France’s energy infrastructure while navigating the complexities of the global energy landscape.
As EDF prepares for its critical role in advancing France's energy transition, the focus remains on completing the planned reactors on time and within budget, with the future of France's nuclear energy sector relying heavily on the success of these projects.
Uzbekistan and the Philippines are working to boost bilateral investment cooperation, with a focus on key sectors such as ICT, electrical engineering, transport, geology, and textiles.
The Kremlin announced Monday that Russia will implement a full ceasefire in Ukraine from May 8 to May 10, coinciding with its celebrations of Victory Day over Nazi Germany. The truce, ordered by President Vladimir Putin for "humanitarian reasons," will begin at midnight on May 8 (2100 GMT, May 7).
Greece plans to equip its railways with remote control systems and real-time tracking by September, aiming to improve safety after the country’s deadliest train disaster.
India has finalized a $7.41 billion agreement with France to purchase 26 Rafale fighter jets for its navy, a defence ministry official confirmed to Reuters on Monday.
The death toll from a U.S. airstrike on a detention centre for migrants in Yemen’s northern Saada province has risen to 74, according to the Houthi-affiliated Al Masirah TV.
Uzbekistan and the Philippines are working to boost bilateral investment cooperation, with a focus on key sectors such as ICT, electrical engineering, transport, geology, and textiles.
The Kremlin announced Monday that Russia will implement a full ceasefire in Ukraine from May 8 to May 10, coinciding with its celebrations of Victory Day over Nazi Germany. The truce, ordered by President Vladimir Putin for "humanitarian reasons," will begin at midnight on May 8 (2100 GMT, May 7).
Greece plans to equip its railways with remote control systems and real-time tracking by September, aiming to improve safety after the country’s deadliest train disaster.
Spanish power grid operator Red Electrica said it was working with energy companies to restore power after large parts of Spain and Portugal were hit by a power outage on Monday.
SIPRI’s annual report, released Monday, said global military expenditure reached $2.72 trillion in 2024, a 9.4% increase from 2023 and the largest year-on-year rise since the Cold War's end. This marks the tenth straight year of growth.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
A deadly attack targeting tourists in India’s Jammu and Kashmir territory has left at least 20 feared dead, marking the deadliest incident against civilians in the region for years, according to security sources.
Germany's next chancellor, Friedrich Merz, on Monday announced his first major cabinet nominations. He selected energy executive Katherina Reiche as the likely economy minister and close ally Johann Wadephul, a foreign policy expert, as foreign minister.
Uzbekistan and the Philippines are working to boost bilateral investment cooperation, with a focus on key sectors such as ICT, electrical engineering, transport, geology, and textiles.
The Kremlin announced Monday that Russia will implement a full ceasefire in Ukraine from May 8 to May 10, coinciding with its celebrations of Victory Day over Nazi Germany. The truce, ordered by President Vladimir Putin for "humanitarian reasons," will begin at midnight on May 8 (2100 GMT, May 7).
Greece plans to equip its railways with remote control systems and real-time tracking by September, aiming to improve safety after the country’s deadliest train disaster.
Spanish power grid operator Red Electrica said it was working with energy companies to restore power after large parts of Spain and Portugal were hit by a power outage on Monday.
Uzbekistan and the Philippines are working to boost bilateral investment cooperation, with a focus on key sectors such as ICT, electrical engineering, transport, geology, and textiles.
The Kremlin announced Monday that Russia will implement a full ceasefire in Ukraine from May 8 to May 10, coinciding with its celebrations of Victory Day over Nazi Germany. The truce, ordered by President Vladimir Putin for "humanitarian reasons," will begin at midnight on May 8 (2100 GMT, May 7).
Greece plans to equip its railways with remote control systems and real-time tracking by September, aiming to improve safety after the country’s deadliest train disaster.
Spanish power grid operator Red Electrica said it was working with energy companies to restore power after large parts of Spain and Portugal were hit by a power outage on Monday.
SIPRI’s annual report, released Monday, said global military expenditure reached $2.72 trillion in 2024, a 9.4% increase from 2023 and the largest year-on-year rise since the Cold War's end. This marks the tenth straight year of growth.
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