nuclear-news

Most of the country’s 58 nuclear reactors were built during a short period in the 1980s, and about half will reach their designed age limits of 40 in the 2020s, pushing France towards what industry calls “the nuclear cliff.”

Public support in France for nuclear power has traditionally been strong but is looking shakier since the 2011 nuclear reactor meltdown at Japan‘s Fukushima facility following a massive earthquake and tsunami. And French President Francois Hollande has said he wanted to cut the share of atomic energy in France’s electricity mix to 50 percent from 75 percent by 2025, reduce oil and gas consumption and boost renewable energy.

A replacement of the nuclear plants run by state-controled utility EDF (EDF.PA), or a switch towards alternative sources would cost huge amounts of money.

“There’s a problem, which is decision-making. Are we going towards a new nuclear fleet or not? This needs preparation,” Jacques Repussard, the head of state-funded nuclear advising institute IRSN told Reuters in an interview. EDF has advocated an extension of the reactors’ lifespan to 50 or even 60 years, arguing that they were modelled on similar reactors in the United States which have been granted 60-year licences.

But French nuclear watchdog ASN, the only authority allowed to grant this extension, has so far repeated that the utility should not take this extension for granted and would only give a first opinion next year and a final one in 2018-2019………..

On the one hand, EDF wants to cash in on its nuclear know-how through exporting its technology and services, including to Britain’s nuclear investment power programme.

Yet EDF also faces a 55 billion euro upgrade of its existing reactors by 2025 and will have to decide on how to finance their ultimate replacement, at a potential cost of up to 240 billion euros, about six times EDF’s existing debt pile.

“If you close down all nuclear reactors when they reach 30 or 40 however, you will need to build a huge new fleet, that would be a massive challenge not only from a financial point of view but also from a project management point of view,” said Laszlo Lavro, head of the International Energy Agency’s Gas, Coal and Power division.

Within the government, ministers have voiced contradicting views on nuclear energy, even though the departure of the Green party from the government has made the pro-nuclear case stronger.

An energy transition bill now slated for July has been repeatedly delayed, with Paris naming its fourth energy minister in less than two years earlier this month.

Newly appointed energy minister Segolene Royal, a powerful voice in the new government, has skirted questions on nuclear policy at a news conference earlier this week……….

Decisions cannot be delayed indefinitely as building new energy infrastructure, especiallynuclear power plants, takes time.

Construction of France’s pilot new generation reactor in Flamanville, which started in 2007, has seen repeated delays and cost overruns and is currently expected to be finished in 2016……http://uk.reuters.com/article/2014/04/30/uk-france-nuclear-analysis-idUKKBN0DG0KC20140430