The reorganization of EDF will not take place before the end of Macron's five-year term

EDF's major reform project will not be able to be completed before the end of Emmanuel Macron's five-year term next year for lack of agreement with the European Commission in this matter, government sources said on Wednesday.

"At this stage, the discussions have not succeeded" with Brussels and "it is not possible to have a bill in Parliament immediately," one of these sources told AFP. .

The project will therefore not be able to be completed in time before the start of the next presidential campaign, she admitted.

A project fought by the unions

This reorganization project - first baptized "Hercules" then "Grand EDF" - was fought by the electrician unions, who saw a risk of dismantling, as well as by a broad spectrum of the opposition.

In the eyes of the executive, the idea was to allow EDF, heavily in debt, to be able to invest in renewables while renovating its nuclear fleet.

An agreement with Brussels, guardian of competition in Europe, was however necessary.

A comprehensive agreement with the Commission would also have enabled an old dispute over hydroelectric dams to be settled.

The executive does not want a "hasty" reform

But Paris and Brussels were opposed in particular on the degree of separation between the various entities of EDF which would have been created with the reform.

France wanted its champion to remain "integrated".

"There has been progress but there is no global agreement," the government believes.

However, the executive did not want a "truncated" or "hasty" reform.

"We are still convinced of the need to make this reform," adds the same source.