France has assumed leadership of the European Nuclear Alliance, and Macron is betting heavily on nuclear energy, with a “maximum” expansion of 58 reactors, which provide about 70% of the country’s electricity, and the construction of six new reactors by 2050, in 2050. In addition to developing modular reactors Small.
A source close to the French President said that France and the United States want the World Bank and the International Monetary Fund to support development banks in financing nuclear energy projects.
The same source confirmed, on the eve of an international summit organized by Belgium and the International Atomic Energy Agency, in Brussels, that “relaunching nuclear energy globally is an essential asset in our struggle for climate.”
French President Emmanuel Macron is expected to use the summit to insist that nuclear energy serves as a transitional energy to gradually phase out fossil fuels, especially in Asian countries where coal is still important.
Building nuclear reactors is a long-term project, usually taking more than ten years, and requiring an injection of billions of euros, which discourages many private investors.
France has assumed leadership of the European Nuclear Alliance, and Macron is betting heavily on nuclear energy, with a “maximum” expansion of 58 reactors, which provide about 70% of the country’s electricity, and the construction of six new reactors by 2050, in 2050. In addition to developing modular reactors Small.
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