Latest news
France likely to cut nuclear power by 2030
The French Electricity Union (UFE) announced on Monday, that by cutting the share of nuclear in French’s energy mix to 50 percent by 2030, down from three quarters at present, would account for 60 billion Euros. Also, the move could induce a significant increase in bills by about 33% for households and by 41 percent for businesses compared to 2010.
read more... 09/11/2011
Daily – Brent down on discords between France and Germany
U.S. crude oil futures increased on Friday on optimism for euro zone debt crisis ahead of the summits in the coming week that spurred worries among investors. NYMEX crude for December delivery traded at 87.40 dollars a barrel, up 1.33 dollars after a trading range from 85.95 to 88.89 dollars.
read more... 24/10/2011
French Government draws back three shale gas licenses
The French government decided to cancel three licenses on Monday, which allowed oil companies to explore shale gas in the fields of Southern France.
read more... 05/10/2011
France envisages new carbon tax in 2012
The French conservative government is envisaging a revival of previously rejected national carbon tax, as a bid to cut the nation’s budget deficit, according to the local newspaper Le Figaro and Les Échos.
read more... 29/09/2011
French nuclear power plants passed safety tests
According to the French energy utility EDF, all nuclear power plants from France has passed successfully the safety tests, the report being submitted to the country's nuclear regulator ASN. The move came in the wake of Fukushima nuclear accident.
read more... 23/09/2011