Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Electricité de France    EDF   FR0010242511

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Greenpeace Activist Arrested At French Nuclear Plant

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/02/2012 | 11:08am CEST

-- Greenpeace says demonstrates French nuclear plants' vulnerability to aerial threats

-- EDF says safety, security of nuclear installations was never called into question

-- Greenpeace calls upon presidential candidates to have a proper assessment of French nuclear security

(Adds detail and background throughout, adds EDF share price.)

By Geraldine Amiel

Of

An activist from Greenpeace was arrested early Wednesday at a French nuclear plant, as the environmentalist group tried once more to push the issue of nuclear safety up the agenda a few days ahead of the second round of voting in the country's presidential election.

Nuclear energy has become one of the key issues dividing the main candidates for the French presidency, after last year's accident at Fukushima, Japan, triggered a massive public debate. Incumbent Nicholas Sarkozy has rejected any need for France to reduce its dependence on nuclear energy, which currently accounts for about 75% of the country's electricity, but Socialist candidate Francois Hollande, who is leading the polls, has endorsed a plan to reduce that to 50% by 2025.

The Greenpeace activist Wednesday flew over the Bugey nuclear plant, near Lyons in southern France, in a motorized paraglider and landed outside the nuclear part of the compound, where he was arrested.

"At no time was the security and safety of the installations called into question," said a spokeswoman for state-controlled Electricite de France SA (>> EDF), which owns and operates the plant, adding that security processes allowed for the early detection and immediate arrest of the activist.

Yet to Greenpeace, the action demonstrated the "vulnerability of nuclear installations to aerial threats."

In a statement, the environmentalist group said that French authorities don't take exterior threats into account when assessing the safety and security of nuclear plants. In December, the government admitted security dysfunctions after 11 Greenpeace activists broke into the compound of two of the country's nuclear plants.

"Four days before the second round of the presidential election, Greenpeace calls upon the two final candidates to commit to start a thorough assessment of risks of external aggression of human origin against nuclear plants," the environmentalist lobby said.

France embraced the atom following the 1973 oil crisis, in order to boost its energy independence and develop a world-class industry that exports nuclear technology.

EDF owns and operates all of France's 58 reactors. France is the world's second-largest nuclear operator after the U.S., with around 80% of its power of nuclear origin.

EDF is also currently building a third-generation safety-enhanced nuclear reactor, called the Evolutionary Pressurized Reactor or EPR, which its designer Areva SA (>> AREVA) says can withstand a direct hit from an airliner.

At 0840 GMT, shares in EDF were trading down 1.2% at EUR15.80 while the CAC-40 benchmark index was up 1.2%.

-By Geraldine Amiel, Dow Jones Newswires; +33 140171767; [email protected]

Stocks mentioned in the article : EDF, AREVA
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ELECTRICITÉ DE FRANCE
09/20 EDF BOARD OF DIRECTORS : Appointment of Mr Maurice Gourdault-Montagne, Secretary..
09/20 EDF - BOARD OF DIRECTORS : Appointment of Mr Maurice Gourdault-Montagne
09/19 ELECTRICITE DE FRANCE : The EDF Group launches Agregio, an aggregator to help el..
09/19 EXCLUSIVE : EDF unveils a new range of green services
09/19 ELECTRICITE DE FRANCE : The EDF Group creates EDF Nouveaux Business
09/18 European shares flirt with six-week high as Portugal shines
09/14 EDF : Creusot Forge manufacturing records - Progress report on review schedule f..
09/13 ELECTRICITE DE FRANCE : Ahli Capital, Electricite de France sign MoU to invest i..
09/12 EDF : End of the allocation contract with CNP in respect of the Fessenheim power..
09/12 EDF : End of the allocation contract with CNP in respect of the Fessenheim power..
More news
News from SeekingAlpha
07/29 Electricite de France SA 2017 Q2 - Results - Earnings Call Slides
07/29 Electricite de France (ECIFF) Q2 2017 Results - Earnings Call Transcript
07/28 Electricite de France SA reports 1H results
07/03 Hinkley Point reactor another £2.2B over budget, EDF says
05/23 Electricité de France S.A. (ECIFF) Investor Presentation - Slideshow
Financials (€)
Sales 2017 69 294 M
EBIT 2017 6 037 M
Net income 2017 2 081 M
Debt 2017 46 332 M
Yield 2017 3,49%
P/E ratio 2017 13,31
P/E ratio 2018 14,14
EV / Sales 2017 1,10x
EV / Sales 2018 1,11x
Capitalization 29 812 M
Chart ELECTRICITÉ DE FRANCE
Duration : Period :
Electricité de France Technical Analysis Chart | EDF | FR0010242511 | 4-Traders
Technical analysis trends ELECTRICITÉ DE FRANCE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 9,89 €
Spread / Average Target -4,2%
EPS Revisions
Managers
NameTitle
Jean-Bernard Lévy Chairman & Chief Executive Officer
Xavier Girre Senior Executive Vice President-Group Finance
Christophe Salomon Head-Information Systems
Bruno Lafont Independent Director
Jacky Chorin Director
Sector and Competitors
1st jan.Capitalization (M$)
ELECTRICITÉ DE FRANCE15.03%35 628
NATIONAL GRID PLC-0.79%43 713
ENGIE18.73%41 881
SEMPRA ENERGY15.17%29 110
PPL CORP13.98%26 385
E.ON39.00%24 498