Don’t be. That judge is the brightly shining beacon showing us what happens when you’re cut out of access to US services. A wake-up call for many many people that thought they were safe.

I heard from numerous companies that cite this example specifically when implementing first steps to reconsider how their daily routines would suffer without access to US services.

Wouldn’t surprise me if the sanctions agains that judge actually economically backfire.

(¬‿¬)

The 70 euro soft-ceiling was a massive raise to fund new reactors, it used be ~40 euro’s for 25% of power and they ran fine on that.

They didn’t run fine on that at all. The blanket 45€ cap ensured very cheap electricity in France, but also led to EDF being indebted by approx 65 billion € in 2022.

That’s when the French state decided to fully step in and increased their share in the company from 80ish to 100% for another 10 billion € taxpayers money/national debt. I’d call that a subsidy.

That also means that the debt of EDF is now fully covered by the French state, giving the company more leeway despite being so indebted. That also qualifies as a subsidy.

Further, the planned new EPR2 reactors will include a clause that will guarantee EDF a minimum price. Should prices fall below that, the difference is covered by the French state. That could be a subsidy.

Also, the French state will provide favourable loans and guarantees for the construction of these reactors, giving that EDF themselves don’t have the funds to tackle this huge investment. That’s a clear subsidy.

Nuclear power in France costs 70 euros/mWh

Yea*, because the French state as the sole owner of EDF told them so. And is providing them with a multitude of subsidies for their activities. Hence, the true costs of nuclear power are hidden with cross-subsidisation.

*Rather, the price can very well exceed 70€, but is then taxed more

They were dreaming of a better future…

Weird that EU is sending so much money to Hungary, quite weird for an enemy organization.

An enemy organisation he’s free to leave at any time, also.

I don’t see how this would help them compete against small and cheap EVs.

That’s the magic: it won’t.

I’m under the impression the companies would rather mop up all quick profits they can right now and then die than committing to new technology and realities that would allow them to still exist in 5+ years time.

Ah you see, they tell them it’ll only be dystopia for the others.

More than 13 posts per day on average (!) since joining 8 months ago. It used to be 15 some weeks ago, but they apparently dialled back a bit after accounts got banned for spamming. They also upped their interaction/comments. Still: 3250 posts vs. 50 comments.

Most of the posts are either ‘China good’ or ‘Europe dumb’. Or both.

Decide for yourself what you’d call an account that’ll spam an average of more than 13 posts every single day since joining - I certainly know what I’d call it.