Nov. 7 — “François Hollande, the socialist candidate in the forthcoming presidential elections who has a hefty lead over Nicolas Sarkozy, the incumbent, has proposed cutting the nuclear sector’s share of electricity provision to just half by 2030 from 82 per cent today,” reports the Financial Times.
Hollande’s political party says, “France could replace much of its nuclear power supply from renewable sources such as wind farms and solar panels and a reduction in energy use,” according to the article.
According to Financial Times, the proposal is “to cut France’s reliance on nuclear energy for its electricity supply to 50 per cent within the next two decades would cost about €60bn ($82bn) to deliver, according to an influential industry lobby group representing EDF and GDF Suez.”
Senior nuclear executives accused Hollande of being “dictated to by his emotions,” said the report.
Published: November 7th, 2011 at 4:37 pm ET