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

Report: France may go for 100% renewable energy strategy

Blog

Global Capital Markets & SPAC Activity – H1 2021

Blog

Over 150 state-level energy-related measures enacted during Q2'21

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


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.