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Researched by Industrial Info Resources (Sugar Land, Texas)--French President Emmanuel Macron on Tuesday announced in November his country would restart construction of new nuclear plants to meet growing energy needs and achieve carbon neutrality by 2050.
Soaring energy prices, along with the need to maintain energy security and adapt to climate change goals, are factors playing into Macron's announcement. According to reports, France will continue to add renewable energy to its portfolio, but also has plans to add six new European Pressurized Reactors (EPR). French utility company EDF already has submitted proposals for the nuclear additions to the French government, according to reports.
EDF already is building country's first EPR at its Flamanville site, but the project has encountered a series of delays and cost overruns. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the project report.
In all, Industrial Info is tracking 28 active capital nuclear power projects, worth nearly $59 billion, in France. Subscribers can click here for the reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Soaring energy prices, along with the need to maintain energy security and adapt to climate change goals, are factors playing into Macron's announcement. According to reports, France will continue to add renewable energy to its portfolio, but also has plans to add six new European Pressurized Reactors (EPR). French utility company EDF already has submitted proposals for the nuclear additions to the French government, according to reports.
EDF already is building country's first EPR at its Flamanville site, but the project has encountered a series of delays and cost overruns. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the project report.
In all, Industrial Info is tracking 28 active capital nuclear power projects, worth nearly $59 billion, in France. Subscribers can click here for the reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
