Germany And France Finally Compromise On Nuclear

If you believe that nuclear power should play a role in the energy mix, pay attention to the nuclear deal fashioned this October between Germany and France.    Here is the background, simplified. France depends heavily on nuclear power generated by state-owned EDF. Existing French nuclear plants will require major capital improvements and the plants under construction are enormously expensive. The French government wants to subsidize its nuclear program, but other European Union (EU) countries (especially Germany) objected, because…