In France, EDF is expected to close 12 of its 56 operational nuclear reactors by 2035, after the 2 reactors at Fessenheim ceased operations in 2020, and is already dismantling 9 other shut-down reactors. In the UK, EDF shut down the 2 reactors at Dungeness B in June 2021, and 12 other reactors among its 13 remaining operational reactors are expected to close this decade with final shutdown of Hunterston B and Hinkley Point B planned by 2022. But what happens after a nuclear plant stops operating?
Join Moody’s for a fireside chat with Jean-Marc Lefeuvre, Head of ALM Division at EDF, to understand:
- When EDF expects to decommission existing nuclear assets
- The three phases of decommissioning and how the process varies with reactor technology
- How risks are allocated by jurisdiction and what happens to nuclear waste
- Lessons learnt from past/current decommissioning work
- How costs are provided for
-
SpeakersNeil Griffiths-Lambeth Associate Managing Director, Public Projects & Infrastructure Finance Moody's Investors Service
Jean-Marc Lefeuvre Head of the ALM division EDF Group
Confirm cancellation
Something went wrong.
An error occurred trying to play the stream. Please reload the page and try again.
CloseSign In
Please sign in to your account:
Neil Griffiths-Lambeth is an Associate Managing Director in Moody’s Infrastructure Finance team, based in London, and responsible for the rating agency’s coverage of regulated and unregulated utilities across EMEA. Over the course of his career at Moody’s, Neil has acted as lead analyst for a broad range of utilities and transport infrastructure companies. He has followed the UK water sector since 2008, writing extensively on regulatory and other developments and playing a key role in developing the rating agency’s strong reputation in the sector. As an authoritative independent commentator, Neil is a frequent speaker at conferences and other events. Moody’s has a leading global Infrastructure Finance franchise, rating some US$2 trillion of corporate and project finance securities, representing more than 90% of all public bonds issued globally in the sector. 140 analytical sector staff cover more than 1,000 infrastructure issuers globally. Moody’s EMEA team of 50 specialists is responsible for rating around 416 issuers. The rating agency covers more than 11,000 corporate issuers and 135 sovereign nations. Prior to joining Moody’s in 2007, Neil spent 15 years at Lazard. Over this period he advised a broad range of clients on raising finance in the public and private markets. Notable transactions included advising the UK Government on support and funding for Network Rail, Veolia on the acquisition and highly-leveraged financing of Southern Water, and Wind Telecommunicazioni on funding for its network roll-out. Neil read Mathematics at the University of Sussex and pursued postgraduate research at Imperial College, London.
Jean-Marc Lefeuvre is Head of the ALM division of EDF Group since 2011. He is responsible to provide financial guidelines for liabilities such as nuclear and pension provisions, strategic allocation or investment guidelines for hedging assets to cover those provisions, strategic net debt management guidelines, financial criteria for new operational investments. He is CEO or Company Directors of several financial subsidiaries of EDF Group.
Jean-Marc Lefeuvre graduated from Ecole Polytechnique in 1993 and ENSTA in 1995 in France. He obtained a PHD in physics from Ecole Polytechnique in 1998.