[Machine Translation] EDF has just presented its long-term energy strategy to the board of directors. While the cost of solar and wind energy is falling every year – it is already half the price of new nuclear power – Belgium confirms its exit from nuclear power in 2025 and that Portugal has covered in March more than 100% of its electricity needs by renewable sources, EDF defies its main shareholder, the State, and stubbornly in the nuclear everything. The group confirms that it does not intend to close a nuclear reactor, except those in Fessenheim, before 2029, jeopardizing its profitability and viability with surplus electricity that will drive down sales prices for producers. The programs of control of the energy demand and the development of renewable energies will lead to a mechanical reduction of the share of the nuclear energy in the French energy mix”. Faced with the risk of the “cliff effect”, with the end of life at the same time many nuclear reactors built at the same time, But EDF does not hear it that way. In financial difficulties with debt that has almost tripled in ten years, gross operating surplus to the lowest since 2006 and a wall of investment coming nearly 160 billion over ten years 1 , the company s ‘Heading into a suicidal strategy: prolonging nuclear reactors as much as possible. There is no outlet for this generation of electricity while consumption has been decreasing in France for several years and renewables are developing? EDF invents the myth of massive exports to neighboring countries!
Alternatives Economiques 12th April 2018 read more »
Naoto Kan, Japan’s former prime minister, was devoted to the idea of nuclear power. But after his country’s nuclear disaster in 2011, he turned into an improbable activist against atomic energy. Can he persuade the pro-nuke French?
CS Monitor 11th April 2018 read more »