July 25, 2024

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

PARIS—French President Emmanuel Macron declared a program to build 6 new nuclear reactors, betting on a know-how that makes electric power with nearly zero greenhouse gas emissions but faces thoughts about the significant price tag of new assignments.

As element of the approach, Electricite de France SA, the country’s state-managed electric power business, attained a offer to get aspect of the nuclear steam turbine business enterprise of Typical Electrical Co., which includes many factories in France. The two sides did not disclose a selling price.