French utility GDF Suez SA (GSZ.FR) expects an extension of the operating lives of its three oldest nuclear reactors in Belgium to cost the company EUR1 billion, the company's chief executive said Wednesday.
French utility GDF Suez SA (GSZ.FR) expects an extension of the
operating lives of its three oldest nuclear reactors in
Belgium
to
cost the company EUR1 billion, the company's chief executive said Wednesday.
However, CEO Gerard Mestrallet said on the sidelines of an energy conference
that his company hasn't yet made a final decision if it will extend the
reactors' lives, adding that this depends on whether the government will go
through with the plan to increase a nuclear tax.
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