"EDF's Revival at Risk as Power Prices Plummet"
Falling electricity prices are hindering EDF's negotiations for long-term contracts with industrial customers, posing a threat to the debt-laden energy group's financial stability and its ability to maintain its aging nuclear plants. Despite progress in reducing debt and increasing profits, the lack of forward deals raises concerns about EDF's long-term commercial outlook. The drop in prices is disrupting the market and EDF, potentially impacting its funding and credit ratings. EDF and customers are at a standstill in negotiations, with uncertainty over future prices slowing investment decisions for energy-intensive industries.
