nuclear-news

France ready to save nuclear group Areva whoever wins presidency

4 January 2017

“…But critics note that while France struggles to sell nuclear reactors abroad, Denmark’s Vestas (VWS.CO) and Germany’s Siemens (SIEGn.DE) are winning export deals for wind turbines.

Former environment minister Corinne Lepage blames an old boy’s network of graduates from France’s elite engineering schools for defending nuclear at any cost.

She opposes EDF extending the life of its oldest reactors, saying it should instead start decommissioning them. EDF could build this into a business in dismantling reactors while gradually switching to renewable energy, she told Reuters.

“We need a massive reconversion plan for EDF staff. These are engineers. If they can handle nuclear reactors, they can also handle wind turbines and solar panels,” she said…..”

To see how much of UK EDf bill payers revenue and French Tax Payer money will be used to bail out the French nuclear industry see this link;

http://www.reuters.com/article/us-areva-restructuring-france-idUSKBN14O1JW

January 8, 2017 - Posted by arclight2011part2 | Uncategorized