EDF Energy denies planned ‘retreat’ from UK energy market

Renewables investment has fallen due to the uncertainty surrounding Brexit.
Wind turbines stand on the EDF Blyth Offshore Demonstrator (BOD) wind farm, operated by EDF Energy Renewables Ltd., off the Northumberland coast in Blyth, U.K., on Friday, June 22, 2018. Electricite de France SA Chief Executive Officer Jean-Bernard Levy said it’s too risky to invest in large wind power projects without subsidies because swings in electricity prices would endanger returns for developers and their shareholders. Photographer: Matthew Lloyd/Bloomberg