trending Market Intelligence /marketintelligence/en/news-insights/trending/7irv_nI1JMPLq1iIog8AxA2 content esgSubNav
In This List

Report: France may go for 100% renewable energy strategy

Podcast

Master of Risk | Episode 6: Masters of Risk-Jennifer Reynolds

Blog

Infographic: U.S. Solar Power by the Numbers Q2 2023

Blog

Infographic: U.S. Energy Storage by the Numbers Q2 2023

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise


Report: France may go for 100% renewable energy strategy

France may opt to pursue a long-term 100% renewable energy strategy, Reuters reported, citing Environment Minister Elisabeth Borne.

The consideration comes as the country awaits a decision on a series of new nuclear reactors. France aims to lower nuclear power's share in the electricity mix to 50% by 2035, from 75% today.

State-controlled Electricité de France SA recently said the country is preparing to build new reactors, but Borne noted that the government will only decide when the utility's Flamanville 3 project — which is behind schedule and over budget — is in operation.

EDF recently revised the cost of building the Flamanville plant to an estimated €12.4 billion. The facility is one of three next-generation European Pressurized Reactors under construction in Europe.