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If you were EDF how would you get out of nuclear?

Companies get obsessed with their existing strategy and quite often cannot see the wood for the trees, or devise a new strategy internally. We see it in tech firms like IBM, and more modern ones like Facebook, and we see it in our world of energy, when renewables become the new toy to be played with, and then discarded when large energy combines get back to what they believe they are good at. In EDF’s case, it is a company that is clearly not very good at very much. It is a conventional energy company that has a subsidiary that is dedicated to renewable energy, but somehow, it continues to make most of its money from nuclear, despite its inability…

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