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France and Germany join in plan to reduce nuclear power, develop renewable energy

France, Germany to coordinate renewable energy development http://www.pennenergy.com/articles/pennenergy/2014/01/france-germany-partner-on-renewable-energy-development.html January 15, 2014

“We have a strong interest in the closest possible cooperation on energy policy whether on a political or corporate level,” a spokesman for the German Economy Ministry, which oversees energy, told reporters.

Both nations are looking to diversify their energy sources for power generation and plan to gradually decrease dependence on nuclear power. French President Francois Hollande said the country will lower nuclear power to 50 percent by 2025, down from 75 percent currently. The French-German Office for Renewable Energies is expected to head the coordination effort between the two countries.

“We have already established the structure,” a government source told Reuters. “Now the ministers need to give it the necessary impetus.”

French Environment Minister Philippe Martin said in December that France has started to plan subsidies for renewable energy development, Businessweek reported.

January 16, 2014 - Posted by Christina Macpherson | Uncategorized