France Will Spend 10 Billion Euros to Relaunch Nuclear Energy

The Government of France is offering to buyout minority shareholders in the heavily indebted EDF (France’s) nuclear company. The offer to minority shareholders will be priced at 12 euros per share, meaning the operation to fully nationalize the group will cost 9.7 billion euros ($9.9 billion). The electricity provider is currently 84-percent owned by the …

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France, Korea, Belgium, UK, China Will Expand Nuclear Energy

The UK has setup a new program called Great British Nuclear, which has the goal of building up to seven new nuclear reactors by 2050. They will identify sites, cut through red tape to speed up the planning process, and bring together private firms to run each site. The United Kingdom currently has eleven operable …

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France Building Nuclear Reactors Again

French President Emmanuel Macron said France will build six new nuclear reactors. This will keep France’s energy costs at a “reasonable” level and reduce dependence on imports. France will save energy and invest in domestic carbon-free energy production. Nuclear power was at the heart of Macron’s France 2030 plan for re-industrialization which was announced last …

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Germany Solar and Wind is Triple the Cost of France’s Nuclear and Will Last Half as Long

France’s nuclear energy spending was 60% of what Germany spent on renewables. France gets about 400 Terawatt hour per year from nuclear but Germany gets 226 Terawatt-hours each year. 45 Terawatt-hours of Germany’s renewable power comes from burning biomass which generates air pollution. Germany’s solar farms will have to be rebuilt every 15-25 years. The …

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France and Europe Have Hot Days And Some Predict More Frequent Heat Waves

Hot days in France are a big concern because the country does not have much air conditioning and 15,000 people died in a heatwave in 2003. The French national weather service activated its highest level heat danger alert for the first time. School and many other events were canceled. Temperatures in Paris, France are forecasted …

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Winners in EU Elections Were Nationalist Parties

The leader of Italy’s right-wing League Party, Matteo Salvini, said populist and nationalist parties will control at least 150 seats in the new 751-seat European Parliament. ECFR (European Council on Foreign Relations) published results of surveys that show most Europeans believe the EU could fall apart within the next two decades. Salvini told RAI state …

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