On the other hand, France has a giant electricity export market in Italy and also some hydroelectric plants in the Alps that help manage demand. That is, they are used as peak load while the nuclear plants do all the base load (and also more than that).
I don't agree the French blinded themselves by avoiding gas plants. Gas plants carry heavy environmental and geopolitical costs (and lately also financial cost) which nuclear power avoids.
The argument about efficiency is interesting. Obviously conservation is a good thing. But in the end even the power used in a situation with great conservation has to come from somewhere, and then you are back at having to choose among the different kinds of plant.
So, conservation yes!
But first some mighty big reactors. :) Peak oil is not an energy crisis. It is a liquid fuel crisis.