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Its own worst enemy indeed: you can add Flamanville 3 in France (10 years delay and over €10B overrun) and Hinley Point in the UK to the list.

The nuclear advocates are no longer arguing that nuclear electricity is cheaper, but that it is the only way to achieve our transition to carbon neutral energy, no matter the costs: there are entire careers and positions that depend on that.

by Bernard on Mon Oct 4th, 2021 at 02:15:06 PM EST
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What do you know: just found this in Politico.eu:
FRENCH PUSH NUCLEAR OPTION: Some countries believe that the current squeeze offers an opportunity for more long-term structural change. A letter by French Finance Minister Bruno Le Maire circulated to ministers ahead of this afternoon's meeting and seen by Playbook, says that "more structural changes could be explored." In particular, he argues that "in the longer term, the European Union should focus on achieving energy independence by investing in all decarbonized means of energy production."

Cuts to the case: Le Maire also makes the argument that nuclear energy should be classified as green by the Commission. "It is important that the European Commission also enables the development of nuclear energy. In this regard, the rapid inclusion of nuclear energy within the European taxonomy framework and in state aid regulations is absolutely necessary."

by Bernard on Mon Oct 4th, 2021 at 06:36:11 PM EST
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