After months of negotiation, the French government has unveiled a long-awaited energy plan that is remarkably true to its election promises. The legislation’s cornerstone is the one-third reduction in the role of nuclear power that President François Hollande proposed on the campaign trail in 2012.
Under the plan, nuclear’s share of the nation’s power generation is to drop from 75 percent to 50 percent by 2025, as renewable energy’s role rises from 15 percent today to 40 percent to make up the difference. That is a dramatic statement for France, which is the world’s second largest generator of nuclear energy, after the United States. France has a globally-competitive nuclear industry led by state-owned utility Electricité de France (EDF) and nuclear technology and services giant Areva. Continue reading “Renewables to Dethrone Nuclear Under French Energy Plan”