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Free AccessFrance’s RN Eyes Building 20 Reactors by 2043
France’s Rassemblement National party would plan to build 20 new nuclear reactors by 2043, the party’s energy spokesperson told Montel.
- The party previously said it aims to stop punitive green policies.
- “We don’t want to abandon the plan to reach carbon neutrality by 2050, we want to achieve it with other means”, Jean-Philippe Tanguy, who is in charge of the economic and energy platform at Rassemblement National, said.
- The party is planning to halt the development of wind power, abandon a ban on the sale of gasoline and diesel cars eyed for 2035, loosen housing-renovation requirements and curb plans to exclude the most polluting vehicles from large cities.
- Instead, the party will focus on building new nuclear reactors and support the development of hydrogen, it said last week.
- The RN’s program would also introduce a fixed price for France’s power production that is linked to the real cost of production – meaning it would remove the €42/MWh Arenh rate.
- If the RN would be elected, France would exit the power market and sell its power output to its neighbours through bilateral agreements, Jean-Philippe Tanguy said. The move has been largely criticized by Engie’s CEO, Catherine MacGregor, as it would lead to power blackouts and higher power prices in France.
- The latest rolling Ifop opinion poll showed on Monday the right-wing Rassemblement National (RN) retaining its first-place position with 36% support, up 0.5% on the previous poll. The left-wing New Popular Front (NFP) alliance sits in second place with 29.5% support (also up 0.5%), while the centrist Ensemble alliance supportive of President Emmanuel Macron sits in third place, down 0.5%.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.