France to cut nuclear's share of power market to 50% by 2025
London (Platts)--10Oct2014/820 am EDT/1220 GMT
France's lower house of Parliament voted Friday to cut nuclear's
share of the power generation market to 50% by 2025, from 75%, the AFP
Parliamentary newswire reported.
MPs agreed an article in the the government's "Energy transition for
green growth" bill, which also sets long-term targets to reduce
greenhouse gas emissions by 40% by 2030 and reduce national energy
consumption 20% by 2030.
The energy transition bill follows two years of consultation with
industrial, environmental and social groups.
A nuclear power capacity ceiling would be imposed at the current
capacity level of 63.2 GW, meaning state-owned nuclear operator EDF must
shut at least 1.65 GW of nuclear capacity at the end of 2016 when its
Flamanville-3 EPR is scheduled to start commercial operations.
The government initially said EDF's two 900 MW reactors at
Fessenheim, near Germany, would be shut, but energy minister Segolene
Royal has said since it would be up to EDF to decide which reactors were
decommissioned.
The government wants renewable energy to mainly replace nuclear
capacity, as it sees this as a key growth sector to boost sagging
employment.
The energy transition bill sets a target of 40% of electricity produced
from renewables by 2030, up from a current 15% share.
--Robin Sayles, newsdesk@platts.com
--Edited by Dan Lalor,
daniel.lalor@platts.com
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