France scores diplomatic wins on banks and nuclear in new EU rules
Paris successfully pushed for weaker due diligence reporting by lenders and state-backed funding for nuclear power plants
Alice Hancock in Brussels, 15 Dec 2, Ft.com
France has secured a partial carve-out for banks from new EU rules to make companies responsible for environmental impacts in their supply chains. Paris also won, in separate negotiations, assurance that state-backed funding for its nuclear power plants will be possible under a reform of the EU electricity market, the culmination of a concerted effort to champion the low-carbon fuel in the face of opposition from Luxembourg, Austria and Germany.
Agnès Pannier-Runacher, French energy minister, hailed the decision as “excellent news”. “It gives us the means to ensure long-term financing for the transformation of our electricity system,” she said……………………………
France, backed by countries including Italy and the Czech Republic, has succeeded in making sure that banks, asset managers and investment groups will only have to report on upstream activities such as purchasing office equipment. They will not have to undertake due diligence on the activities of clients to whom they are offering loans — something that the European parliament had pushed for in the talks.
In a note circulated among negotiators earlier this month, the European Central Bank also warned that “excluding the financial sector would be counterproductive to the intention of the [law], as it would allow the EU financial sector to continue to fund activities detrimental to the EU [environmental and social governance] agenda”.
Arianne Griffith, corporate accountability lead at the NGO Global Witness, said that it was “shocking” that EU countries had “sunk plans to ensure that banks stop investing in environmental and human rights abuses”. Eelco Van der Enden, chief executive of the Global Reporting Initiative, said that it was “disheartening” to see that the French effort had watered down the application of the rules to the financial sector but that a review clause in the agreement could offer the opportunity to include them at a later stage………………………………………..
Both the energy market reform and the due diligence rules must be formally approved by the European parliament and member states in votes due to take place early next year. Once the due diligence directive is approved, EU governments will have two years to introduce the rules in national legislation. https://www.ft.com/content/a4f7c547-1a58-482f-889e-f6400c44bbf7
A blank cheque for France’s Industrial Centre for Geological Disposal (Cigéo) does not prove that it is safe.
In September 2022, 32 organizations and 30 residents jointly filed an
appeal contesting the declaration of public utility (DUP) which was granted
to the Cigéo project (deep geological burial project for the most
radioactive waste) by decree on July 7, 2022.
This decision allowed the
National Agency for Radioactive Waste Management (ANDRA) to acquire the
missing land control for surface installations and the plumbness of
underground works, i.e. approximately 3,500 hectares (the equivalent of the
surface area of Lille) and to expropriate if necessary.
More than a year
later, on December 1, 2023, the Council of State rendered its decision.
Despite all the uncertainties and inaccuracies of the impact study of the
Cigéo project, ANDRA has succeeded in painting with scientific virtues the
fact that it is unable to provide precise evaluations, even with a
Declaration of ‘Public Utility (DUP) of 6,000 pages and almost 30 years of
studies.
It was enough for the Agency to affirm that it will do its best to
precisely identify the impacts of its project and to analyze and counter,
as the construction of Cigéo progresses, all their consequences. We do not
understand how such a project was able to obtain a DUP when it lacks so
much precise “basic” information. Let us remember: the declaration of
public utility facilitates land control, or even the start of work on other
so-called “preparatory” developments for Cigéo and allows the
industrial site to be physically anchored in the territory.
But for those
who read this decision a little too quickly, no, Cigéo is still not
“validated”. The project still needs to pass the stages of creation
authorization which, without giving up, we will attack by all means when
the time comes. We will at least have warned current decision-makers and
present generations and left messages for future generations, engraved in
stone in the archives of the Republic and its Councils.
Sortir du Nucleaire 1st Dec 2023
https://www.sortirdunucleaire.org/CIGEO-un-blanc-seing-qui-ne-signifie-pas-son
French nuclear tax is leap into the dark – analysts
SOPHIE TETREL, Paris, MURIEL BOSELLI, Paris, France, 28 Nov 2023
(Montel) France’s plan to replace the Arenh regulation with a nuclear tax is a “leap into the unknown” and does not guarantee that EDF will sell atomic output at EUR 70/MWh, analysts told Montel.
“We are switching to a full market system. It is a bit of a leap into the unknown and no longer a regulated system in which you know beforehand how much you are paying,” said Nicolas Goldberg, energy consultant at Colombus.
EDF and the government reached an agreement a fortnight ago that they would allow EDF to sell its atomic power at an average of EUR………………..…(subscribers only) more https://www.montelnews.com/news/1531984/french-nuclear-tax-is-leap-into-the-dark–analysts
France goes for its own costly small nuclear reactor, following the USA NuScale flop, and UK’s lagging Rolls Royce one.
https://www.bnnbloomberg.ca/french-nuclear-startup-seeks-150-million-for-reactor-prototype-1.2003704 27 Nov 23
Naarea, a three-year-old French nuclear startup, is looking to raise €150 million ($164 million) as it seeks to develop a small reactor that would meet growing industrial decarbonization needs from the start of the next decade.
The company, which already raised €50 million from a handful of French family offices such as Eren Groupe SA and €10 million from the government, is reaching out to venture capital, industrial and institutional investors, and sovereign wealth funds for a Series A funding round with the help of Rothschild & Co., co-founder Jean-Luc Alexandre said in an interview in Paris Friday. He hopes to close the fundraising in the first quarter next year.
Naarea, which stands for Nuclear Abundant Affordable Resourceful Energy for All, is part of a growing wave of companies from Europe to North America promoting smaller, cheaper (?) and safer(?) designs for reactors. The burgeoning(?) sector of small modular and advanced nuclear reactors — which have a wide array of sizes and technologies — suffered a setback this month when NuScale Power Corp. canceled a plan to build a plant in the US amid mounting costs.
“NuScale isn’t dead, and still has projects,” the Naarea CEO said, while pointing out that the French startup, which employs 175 people, has a different business model and is developing another technology. Naarea aims “to produce power and heat, as close as possible to industrial companies, to relieve the grid.”
The startup, which is working with the French nuclear industry and foreign laboratories, is seeking to build a reactor that would produce 40 megawatts of electricity — enough to power a car factory or some of the biggest desalination plants — as well as heat, according to Alexandre.
Naarea is working on so-called molten salt fast neutron reactors that would be the size of a bus. It would burn plutonium and highly toxic radioactive waste that’s currently stored in France. It has found a ceramic that would prevent corrosion from the liquid fuel, something that has hampered the development of such reactors in the past, the company’s boss said.
The nuclear startup and Automotive Cells Co. — the electric-car battery venture of Stellantis NV, Mercedes-Benz Group AG and TotalEnergies SE — signed a memorandum of understanding to study whether Naarea’s mini-reactors might meet the future needs of ACC’s factories, Naarea said in a statement Monday.
If all goes according to plan, there would be a full-scale prototype in 2028. By 2030, a total of €2 billion would be required to complete the reactor development, build a fuel plant at or near Orano SA’s nuclear-waste recycling facility in La Hague, and a separate reactor factory elsewhere in France. The startup also needs to convince nuclear safety and regulatory authorities about the project.
These reactors “are competitive because they are small,” and safe by design, Alexandre said.
Engie demands close scrutiny of French nuclear power deal to ensure competition.
A recent deal regulating French nuclear power risks making
electricity more expensive and must be carefully monitored to ensure the
new rules do not strengthen EDF’s dominant position, power group Engie’s
CEO said on Wednesday. Vigilance will be needed to ensure EDF’s producer
and supplier activities are strictly separated, said Engie (ENGIE.PA),
which is the second largest electricity supplier in the country behind
state-owned EDF.
Reuters 22nd Nov 2023
Why France’s Emmanuel Macron is courting Central Asia
French President Emmanuel Macron is in Central Asia, on a visit that
highlights the region’s increasing importance to Europe’s supply of nuclear
and fossil fuels. The trip is partly an attempt to drum up business and
foster links with Kazakhstan and Uzbekistan, but the key to understanding
the presidential visit dates back to July.
A military coup in the West
African country of Niger raised the prospect that supplies to France’s
vital nuclear industry might be in jeopardy. In reality, the fears were
overblown. Last year, Niger was only the second supplier of uranium to
France. The first was the Central Asian country of Kazakhstan.
BBC 2nd Nov 2023
Macron pursues nuclear deals in Russia’s back yard
French president hopes to secure uranium supply in Kazakhstan and Uzbekistan.
Politico, BY GIORGIO LEALI, OCTOBER 31, 2023
PARIS — French President Emmanuel Macron travels on Wednesday to Kazakhstan and Uzbekistan, where he hopes to secure uranium for his country’s nuclear plants.
The trip comes as geopolitical tensions grow with the EU’s current major suppliers, Niger and Russia.
Macron’s visit to the two countries aims to expand French influence in an area which has strong ties with Russia and is now also growing closer to China, an Elysée official said………………….
Last summer a military junta took over Niger, which supplies 15 percent of France’s uranium needs, sparking questions as to whether the African country can continue to be a reliable source. Uncertainty has also surrounded imports of Russian uranium since Moscow’s invasion of Ukraine.
“Niger raises questions, Russia could raise questions in the long term [if] the EU imposes sanctions on the nuclear sector.
An Elysée official said that new contracts and business partnerships will be announced during the trip, including in the energy sector. ………………………………………………………………………..
EDF has also positioned itself to become a supplier of nuclear reactors for Kazakhstan’s first nuclear plant.
The visit comes as Brussels competes with China for influence in the region via investment programs focused on infrastructure.
Both Kazakhstan and Uzbekistan are benefitting from Chinese investment under Beijing’s Belt and Road Initiative, with their presidents attending a high-level meeting on the subject in Beijing in October. The EU is trying to gain influence in the two countries by involving them in cooperation and investment projects under its “Global Gateway” initiative, the bloc’s response to Belt and Road. https://www.politico.eu/article/emmanuel-macron-nuclear-deal-russia-back-yard-kazakhstan-uzbekistan/ #nuclear #antinuclear #nuclearfree #NoNukes
France uses teargas on banned pro-Palestinian rally
By Layli Foroudi and Michel Rose, October 13, 20233
PARIS, Oct 12 (Reuters) – French police used teargas and water cannon to break up a banned rally in support of the Palestinian people in Paris on Thursday, as President Emmanuel Macron urged the French to remain united and refrain from bringing the Israel-Hamas conflict home.
Macron’s interior minister had earlier banned pro-Palestinian protests, saying they were “likely to generate disturbances to public order”.
France is home to Europe’s largest Muslim and Jewish communities. The Middle East conflict has often stoked domestic tensions in the past.
“This event is an earthquake for Israel, the Middle East and beyond,” Macron said in a solemn TV address. “Let’s not pursue at home ideological adventures by imitating or projecting.”
“Let’s not add, through illusions or calculations, domestic divides to international divides,” he said. “The shield of unity will protect us from hatred and excesses.”
Macron said the government had acted to boost police protection of Jewish sites, including schools and synagogues, and that there could be no justification for atrocities……………..
BANNED RALLY
Despite the ban, several hundred pro-Palestinian demonstrators gathered in central Paris in separate groups that police forces sought to keep from merging……….
“We live in a country of civil law, a country where we have the right to take a stand and to demonstrate. (It is unfair) to forbid for one side and to authorise for the other,” said Charlotte Vautier, 29, an employee at a non-profit who took part in the rally…………….
Two pro-Palestinian demonstrations in Paris had already been banned on Thursday for fear of outbursts when interior minister Gerald Darmanin told prefects to ban all pro-Palestinian demonstrations across the country…………more https://www.reuters.com/world/europe/france-bans-pro-palestinian-protests-citing-risk-disturbances-public-order-2023-10-12/
Nuclear reactor that operated for only 9 years will take many (expensive) decades to decommission .
Complete dismantling of experimental French reactor to proceed.
1WNN, 0 October 2023
EDF has been authorised to begin the third and final phase of the decommissioning of the Brennilis nuclear power plant in the Monts d’Arée in Brittany, France. The plant is a unique 75 MWe gas-cooled heavy water reactor that operated between 1972 and 1981.
The first phase of the plant’s decommissioning – the removal of all fuel and the dewatering of its systems – was completed in 1992. The second phase – the dismantling of equipment and all buildings (with the exception of the reactor building) – was completed in 2005.
On 26 September, EDF obtained the “complete dismantling” decree, signed by the Minister of Energy Transition, which makes it possible to launch the dismantling of the reactor, the cleaning up of the civil engineering, the demolition of the reactor building and the final rehabilitation of the Brennilis site………..
The final deconstruction of Brennilis is a complex operation,” noted Cédric Lewandowski, director of the nuclear and thermal fleet at EDF, on LinkedIn. “Indeed, this prototype, unique in France, using heavy water reactor technology, is contained in a concrete cube measuring 20 metres on each side and 1.5 metres thick. Inside, the equipment to be dismantled is tightly packed into a very cramped space.
“To carry out this work on time and to guarantee the protection of personnel, the EDF Deconstruction and Waste Projects Department (DP2D) is working with its industrial partners on innovative tele-operation and robotics solutions.”
The dismantling of the reactor’s peripheral circuits, entrusted by DP2D to Onet Technologies and Cyclife Engineering, will begin later this year.
French tax-payers up for €20bn or more per year, in mountain of costs to keep nuclear fleet going.
Investments in France’s EDF could top €20bn per year, minister says. #nuclear #nuclear-free #anti-nuclear #No#nukes
EURACTIV.com with Reuters Sep 29, 2023
French power giant EDF’s future investments could exceed €20 billion
per year, Agnès Pannier-Runacher, the country’s energy transition
minister, said on Thursday (28 September), adding that the exact level was
the subject of discussion.
The state-owned utility is facing a mountain of
investment needs to maintain its nuclear fleet as well as build new
reactors and renewable power production. EDF CEO Luc Rémont had previously
put the investments at €25 billion. “What we are talking about … for
EDF is investments which could reach … more than €20 billion per
year,” Pannier-Runacher said at a nuclear conference organised by the
Organisation for Economic Co-operation and Development (OECD).
“There is a discussion about whether it is 20 (billion) or whether it is more,” she
added. The French government has previously announced a plan to build at
least six new model nuclear reactors, which Pannier-Runacher said would
cost about €3 billion per year in investments.
Euractiv 29th Sept 2023 https://www.euractiv.com/section/electricity/news/investments-in-frances-edf-could-top-e20bn-per-year-minister-says/
France attempts to pressure Australia to stop engaging with UN nuclear weapons ban treaty
https://www.icanw.org/france_pressures_australia_to_stop_engaging_with_un_nuclear_weapons_ban_treaty 2 Oct 23 #nuclear #anti-nuclear #Nuclear-Free #NoNukes
Recent statements by a French diplomat to “the Australian” newspaper criticizing Australia’s decision to observe the UN Treaty on the Prohibition of Nuclear Weapons (TPNW) reveal the panicked efforts by nuclear-armed states to undermine the treaty as support for the ban continues to grow. It also shows a European state with a dark colonial legacy continuing to exert pressure on the Pacific – an area heavily impacted by French nuclear testing – instead of respecting national sovereignty.
On 2 October an article in “the Australian” newspaper cited an unnamed French diplomat claiming that Australia’s support for the Treaty on the Prohibition of Nuclear Weapons “undermines the primacy of the Nuclear Non-Proliferation Treaty (NPT)” and “is contradictory with Australia’s ambition to reinforce its partnership with NATO.”
Both of these statements are not only hamfisted attempts at pressuring the Australian government away from the TPNW, they are also factually incorrect: The TPNW was carefully crafted to reinforce, complement, and build on the NPT, which obligates its parties – including France – to negotiate further legal measures to achieve nuclear disarmament under Article VI, and NATO members face no legal barrier to joining the treaty, so long as they commit not to engage in or support any nuclear-weapon-related activities. Moreover, several NATO partners are already TPNW parties (Austria, Ireland, Kazakhstan, Malta, Mongolia, New Zealand) or signatories (Algeria, Colombia).
These declarations show France’s mounting concern over the growing support for the TPNW. The statements themselves are no surprise, as France has stridently protested the TPNW ever since it was adopted at the UN in 2017 with the backing of 122 states. France insists it has a legitimate right under the NPT to possess nuclear weapons, while ignoring its commitments to pursue negotiations in good faith for nuclear disarmament under the same treaty. What is new is the fact that this pressure is being exerted publicly, and on a state that is largely seen as an ally on security issues. Previously, France has limited this kind of pressure for formerly colonised states, particularly in Africa.
Australia’s growing support for the TPNW
The Australian Labor Party, which has been in power since May 2022, adopted a resolution in 2018 committing it to sign and ratify the TPNW in government. This was moved by Anthony Albanese, who now serves as prime minister and has been a vocal supporter of the TPNW. He said at the time: “Our commitment to sign and ratify the nuclear weapon ban treaty in government is Labor at its best.” Labor reaffirmed this position in 2021 and most recently on 18 August 2023. The government also has confirmed its intention to observe the treaty’s upcoming meeting of states parties in New York (2MSP) and is evaluating whether to sign and ratify the treaty.
This is an encouraging step, but ICAN’s Executive Director, former Labor MP Melissa Parke, has criticised the government’s delay in ratifying the treaty: “It’s not enough to keep promising to sign the treaty without acting. We want to see the Prime Minister put pen to paper, without delay. Labor’s commitment on nuclear disarmament and non-proliferation will be hollow if Australia fails to do so.”
Speaking to the revelation that French diplomats are exerting pressure on Australia to consider, she said: “Our two countries have never seen eye to eye on nuclear weapons. France shouldn’t be lecturing Australia on nuclear policy. We can make our own decisions, in our own interests – and for the global common good.”
France’s unresolved nuclear legacy in the Pacific
From 1966 to 1996, France tested 193 nuclear weapons in Maohi Nui/French Polynesia, a Self Governing Territory of France in the Pacific. In 1974, Australia famously took France to the International Court of Justice in a bid to force an end to its atmospheric nuclear testing in the Pacific, as the impacts of nuclear weapons are not contained by national borders. Yet France only ended its Pacific nuclear test explosions once it was confident it had developed non-explosive testing methods sufficiently for new weapons development, and it refuses to acknowledge and address the catastrophic legacy of its nuclear tests to this day.This legacy is also a subject of hot debate at the national level in France. On 28 September, only days before France’s criticisms of Australia, the assembly of French Polynesia unanimously adopted a resolution supporting the TPNW, highlighting the region’s history as the site of numerous French nuclear tests. The resolution underscores the TPNW as a humanitarian disarmament treaty and emphasises the deep concerns of the French Polynesian population regarding this issue. While French Polynesia cannot currently access the assistance and rehabilitation outlined in Articles 6 and 7 of the TPNW due to France’s non-ratification, it sends a resounding message in favour of the treaty to Paris.
Greenpeace disrupts nuclear power meeting in Paris
MURIEL BOSELLI, Paris 28 Sept 2023
(Montel) Greenpeace disrupted early on Thursday the opening of a two-day international nuclear meeting in Paris to denounce the “promotion of nuclear power whatever the cost”, it said.
Anti-nuclear activists held up banners reading “Nuclear energy: cli…… (Subscribers only) https://www.montelnews.com/news/1524798/greenpeace-disrupts-nuclear-power-meeting-in-paris
France’s nuclear power sector is not delivering
Euractiv, By Philippe Girard, Sep 26, 2023
The dominant player in France’s energy sector, Electricité de France (EDF), must leave room for smaller energy providers who offer an innovative alternative to the national nuclear energy champion model, writes Philippe Girard.
Philippe Girard is CEO of E-Pango and an expert in energy and electricity markets.
As the International Energy Agency has recently warned, Europe could face a very difficult winter this year despite coping impressively with the challenges of sky-high natural gas prices that followed Russia’s full-scale invasion of Ukraine.
Surprisingly, France needs to prepare to face another energy crisis this winter.
France’s nuclear energy sector has been hailed as the best in Europe, if not the world, for decades. France’s once robust nuclear sector, responsible for 70% of its energy production, should have positioned the country as a dominant force in Europe’s energy landscape.
However, in 2022, France was forced to import electricity from Germany, Spain and the UK when a significant proportion of France’s nuclear reactors had to close for unscheduled maintenance. How did this happen?
Many analysts attribute France’s current energy crisis to a combination of external factors such as the COVID-19 pandemic, climate change, inconsistent government policies and plain bad luck. Yet, pinning this crisis on these factors alone would be a mistake.
The story behind France’s energy sector turmoil is intimately linked to the machine behind it all, Electricité de France (EDF), the state-controlled energy company. Years of poor decision-making and mismanagement have eroded the country’s nuclear advantage, resulting in France importing energy rather than exporting it……………………………………………………………………….
In a landscape dominated by EDF, its responsibility must be questioned. By the end of 2022, EDF’s debts had reached a staggering €64.5 billion, making it one of the most heavily indebted companies globally. The full acquisition of EDF by the French State in 2023 was crucial for the company’s survival. Presently, the French government needs to boost EDF’s revenues without imposing higher electricity expenses on consumers. At the same time, it must navigate the delicate path of avoiding prosecution by the European Commission for potential infringements related to illegal state aid and distortion of competition.
The importance of preventing one dominant player from having a quasi-monopoly on non-intermittent capacity cannot be understated. In the case of EDF, it has negatively impacted the European and UK electricity markets.
Considering the turmoil caused by EDF and its place within the French energy ecosystem, ending EDF’s monopoly on the energy sector by diversifying energy providers and embracing innovation should be the way forward. Smaller energy providers offer an innovative alternative to the national champion model.
Consumers will have much to gain from introducing competition in France’s electricity market. https://www.euractiv.com/section/energy-environment/opinion/frances-nuclear-power-sector-is-not-delivering/
Solar energy boost for France
CNR is leading a consortium in the development of “Ombrières
PHotovoltaïquE grand LIneAire”, a solar shading project along the
ViaRhôna cycling route in southern France’s Caderousse department,
alongside the Rhône River.
The pilot project aims to evaluate the
integration of a PV facility into the landscape and assess its energy
performance. The project partners include French cable supplier Nexans,
Schneider Electric, railway operator SNCF, and the SuperGrid Institute.
The PV system will span 900 meters in length and have an installed capacity of
900 kW. It will consist of 30 shaded structures with west-east oriented
solar panels. The consortium will conduct tests on the system’s overall
architecture and the equipment needed for transporting medium voltage
direct current (MVDC) electricity to the delivery point. Construction and
testing are scheduled for the 2025-28 period, following a three-year phase
of engineering studies, research and development (R&D), and prototyping.
PV Magazine 13th Sept 2023
https://www.pv-magazine.com/2023/09/13/french-consortium-plans-900-kw-solar-cycling-path/
French nuclear cartel fined €31m
French watchdog issues 31 million euros fine against companies working on
nuclear dismantling. France’s antitrust watchdog on Thursday issued total
fines amounting to 31 million euros ($33.17 million) against six companies
for having engaged in cartel practices linked to the dismantling of a
nuclear site in Marcoule, southern France.
Reuters 7th Sept 2023
Construction Index 11th Sept 2023
https://www.theconstructionindex.co.uk/news/view/french-cartel-fined-31m
1 This Month
To see nuclear-related stories in greater depth and intensity – go to https://nuclearinformation.wordpress.com
-
Archives
- September 2026 (194)
- August 2026 (330)
- July 2026 (355)
- June 2026 (287)
- May 2026 (306)
- April 2026 (356)
- March 2026 (251)
- February 2026 (267)
- January 2026 (308)
- December 2025 (358)
- November 2025 (359)
- October 2025 (375)
-
Categories
- 1
- 1 NUCLEAR ISSUES
- business and costs
- climate change
- culture and arts
- ENERGY
- environment
- health
- history
- indigenous issues
- Legal
- marketing of nuclear
- media
- opposition to nuclear
- PERSONAL STORIES
- politics
- politics international
- Religion and ethics
- safety
- secrets,lies and civil liberties
- spinbuster
- technology
- Uranium
- wastes
- weapons and war
- Women
- 2 WORLD
- ACTION
- AFRICA
- Atrocities
- AUSTRALIA
- Christina's notes
- Christina's themes
- culture and arts
- Events
- Fuk 2022
- Fuk 2023
- Fukushima 2017
- Fukushima 2018
- fukushima 2019
- Fukushima 2020
- Fukushima 2021
- general
- global warming
- Humour (God we need it)
- Nuclear
- RARE EARTHS
- Reference
- resources – print
- Resources -audiovicual
- Weekly Newsletter
- World
- World Nuclear
- YouTube
-
RSS
Entries RSS
Comments RSS
nuclear-news 