France eyes nuclear levy to boost RE

The Nogent nuclear power plant in France

The Nogent nuclear power plant in France

France has unveiled plans to use a new levy on nuclear generation to help finance the country’s “energy transition” towards a power mix more reliant on renewables.

Prime Minister Jean-Marc Ayraut at a conference on Saturday said along with the carbon tax, the new nuclear levy should contribute to investments in green energy from 2016 onwards.

“During all of the remaining life-span of our (nuclear) plants, and always guaranteeing maximum safety, our nuclear parks will be obliged to contribute without endangering (energy) supply,” Ayraut said without giving further details of the future tax.

Environment minister Philippe Martin will now prepare an energy transition law including the tax and other measures that the administration hopes to get voted on by the Log in to read complete article.

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