France’s nuclear industry: Arevaderci

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UK Only Article: 
standard article

Issue: 

India’s one-man band

Fly Title: 

France’s nuclear industry

Rubric: 

A struggling and loss-making national champion is set to be taken over

Location: 

PARIS

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Finding flaws in Flamanville

Finding flaws in Flamanville

PLANS for rescuing France’s ailing nuclear engineer, Areva, became a little clearer this week when the new boss of Electricité de France (EDF), Jean-Bernard Lévy, described on May 19th the role that the utility was prepared to play. Mr Lévy made the case for an “ambitious” takeover by EDF of Areva’s nuclear-reactor business, leaving Areva with uranium mining, fuel treatment and decommissioning. The price would have to be right. The government, which owns around 85% of both companies, is expected to make a final decision early next month.
Ministers are anxious to restore to health an industry in which French firms have hitherto led the world, and on which their economy …<div class="og_rss_groups"></div>
Source: Utilities
France’s nuclear industry: Arevaderci