Nuclear power in France has been a juggernaut for decades, producing around three-quarters of the electricity to run the nation.
Now, uncertainty reins.
Earlier this month, the New York Times reported, “… the French dynamo has started to stall. New plants that were meant to showcase the industry’s most advanced technology are years behind schedule and billions of euros over budget. Worse, recently discovered problems at one site have raised new doubts about when, or even if, they will be completed.”
On top of this uncertainty comes reports that the French utility, EDF, may snap up the French nuclear giant, Areva. Both are predominantly owned by the French government.
A New York Times report on that venture last week observed, “Areva, an important partner of EDF, was intended to be France’s nuclear technology export champion, but it has stumbled badly.”
Meanwhile, efforts to launch a nuclear renaissance in America also have had some setbacks.