Macron dithers on nuclear power investment as issue divides France. Emmanuel Macron has been a vocal supporter of nuclear power, insisting in December that the carbon emission-free energy was key to France’s green transition. But less than a year before presidential elections, the French leader is leaving the multibillion question of adding new reactors undecided as the issue becomes increasingly divisive. France’s 56 reactors — making the country the second-largest atomic nation by capacity behind the US — produce 70 per cent of its energy and explain why the country boasts a fraction of Germany’s carbon emissions. But an estimated €49bn by 2025 has been earmarked to extend their working lives and Macron has yet to commit to any new reactor, beside the one that state-owned company EDF is building in Flamanville, in the north-west.
FT 19th July 2021 read more »