Former President Hollande aimed to have France reliance on nuclear drop from 75 percent of power supply to 50 percent by 2025; that goal is still law. Macron is generally considered to be pro-nuclear, Hulot less so, but Macron has also commented skeptically on the cost of nuclear: “Nobody knows the total cost for nuclear energy. I was minister for industry and I could not tell you.” It thus seems likely that an approach will be taken to pursue an energy transition towards renewables and away from nuclear, but possibly not at the speed that Hollande’s law specified. The slowdown would then be justified with solidarity. If so, this approach seems logical. As I have been saying for years, France has put most of its eggs in the nuclear basket and can hardly afford to shut very many reactors. It’s not just communities with reactors that will be affected by a nuclear phaseout. Rather, last November EDF – the utility than runs all French reactors – bought up the effectively bankrupt Areva, the firm that built them. Both companies are largely state-owned. In January, the EU approved France’s plans to inject a whopping 4.5 billion euros in Areva to keep it afloat. Whatever compromises he is forced to make, Hulot will easily bring more expertise to the table than the French have become accustomed to. Royal made a showcase out of the awful idea of 1,000 kilometers of solar roads (really terrible). And let’s remember, one last time as she leaves office, her challenge to Nicolas Sarkozy in 2007 to state how much nuclear power France has. They both got the answer wrong (Sarkozy was closer).
Renew Economy 26th May 2017 read more »