nuclear-news

Controversy in France about future energy policy

 Electricite de France SA Chief Executive Officer Luc Remont urged French
policymakers to review subsidies for solar power, saying the measures add
too much generation to the grid and undermine the nuclear giant’s
finances as electricity demand remains subdued.

The comments will fuel controversy among nuclear and renewable opponents as EDF seeks financial backing from the government for the construction of six new atomic plants,
which may cost €67.4 billion.

However, the lack of a clear parliamentary
majority that emerged from legislative elections raises questions about
France’s future energy policy, including support for nuclear projects in
the near term.

 FFinancial Post 26th July 2024

https://financialpost.com/pmn/business-pmn/edf-chief-says-french-solar-power-subsidies-need-scrutiny

July 30, 2024 - Posted by Christina Macpherson | France, politics