Monday
Jul112011
France sees better growth prospects in renewables over nuclear energy
French ecology minister, Nathalie Kosciusko-Morizet, has announced plans for France to step up its investments in renewable energy, throwing into doubt future nuclear power expansion in the country. France gets 80% of its electricity from its 58 reactors. "Our objective is to rebalance the energy mix in favour of renewables,” Kosciusko-Morizet told the Financial Times. Regarding the future of nuclear, she told the FT: "We are investing in [nuclear] safety, not in growth objectives as we are doing in renewables." France is launching a bid for five new offshore wind farms.