April 19, 2024

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Passion For Business

France’s Macron Bets on Nuclear Power to Fight Climate Change

PARIS—French President Emmanuel Macron announced a plan to build 6 new nuclear reactors, betting on a technological know-how that produces electrical energy with nearly zero greenhouse gas emissions but faces issues about the large price tag of new tasks.

As component of the system, Electricite de France SA, the country’s condition-managed power corporation, achieved a deal to invest in element of the nuclear steam turbine company of Typical Electric powered Co., such as numerous factories in France. The two sides didn’t disclose a price.