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The question is how much of the capacity they are going to retire in the next few years is going to be replaced. It's a highly political issue in France and it'
by jillesvangurp 5y ago
The question is how much of the capacity they are going to retire in the next few years is going to be replaced. It's a highly political issue in France and it's an election season.
Nuclear from a cost perspective continues to be expensive; also for the French. And they will in any case continue to build out solar and wind as well. So, there's that.
And finally, building nuclear plants is something the French do abroad too. So, it's actually something they export that generates jobs and revenue in that way. So, they would want to at least build a few plants to keep that going. And of course they also have military interests tied up with uranium enrichment. France is fiercely protective of its status as a nuclear power.
But I think overall nuclear will be slowly declining proportionally in France; just like almost everywhere else. Unless something changes on the cost front. Which does not seem to be happening