Comment by ViewTrick1002
15 hours ago
France is sabotaging France on nuclear.
Flamanville 3 is a complete joke and the EPR2 program is in absolute shambles.
Currently they can’t even agree on how to fund the absolutely insanely bonkers subsidies.
Now targeting investment decision in 2026… And the French government just fell because they are underwater in debt and have a spending problem which they can’t agree on how to fix.
A massive handout to the dead end nuclear industry sounds like the perfect solution!
The EU is fining France because they don’t have enough clean energy in their mix despite France having the cleanest energy in Europe because nuclear used to not count. They are also forcing the French national energy company to resell their electricity at a loss to competitor moving money which should be used to invest into the pocket of private investors. And let’s not talk about the utter stupidity of the current discussion on the dams.
Then you realise that a significant part of France new debts was due to them shielding their population for the soaring prices of electricity despite France producing cheap energy, said prices being due to Germany brain dead strategy leading to a dependence on Russian gas and the obligation to go through the European market, and you start to see the double whammy.
Well, at least, the energy market is not as bad as the ECB rules.
You do know that a large portion of the energy crisis was caused by half the French nuclear fleet being online when it was for once truly absolutely needed?
https://www.nytimes.com/2022/11/15/business/nuclear-power-fr...
I also note that you didn’t have anything to say about the EPR2 program and the absolutely insanely bonkers large subsidies needed to get it off the ground.
It was a nuclear + a renewable crisis. When the nuclear production dropped to 65% in France because of the offline plants, the wind production was hovering at 9% (bad luck) and the solar production at 5% (because it was winter).
That event was actually the final nail in the coffin for the all renewable policies of France, seeing that when the nuclear plants had a problem, the renewables failed even harder than the nuclear plants made it hard to make a case for all renewable policies
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