Monday, March 30, 2026

France Commits to Six New Nuclear Reactors in Sweeping Energy Overhaul

France’s government has published a decade-long energy roadmap that bets heavily on nuclear power while preserving space for renewables, as Paris moves to break its dependence on fossil fuels by 2050.

Prime Minister Sébastien Lecornu unveiled the third Multiannual Energy Programme (PPE3) on February 13, covering 2026 to 2035. The plan targets decarbonised electricity output of between 650 and 693 terawatt-hours by 2035 — up from 458 TWh in 2023 — while cutting fossil fuel consumption from roughly 900 TWh to around 330 TWh over the same period.

“Decarbonising the country requires reviving electricity production,” Lecornu said, citing urgency after nearly three years of political deadlock over the nuclear-renewables balance.

The PPE3 calls for six next-generation EPR2 reactors across three existing sites — Penly in Normandy, Gravelines near Dunkirk, and Bugey near Lyon — alongside a decision as early as 2026 on eight additional reactors, lifetime extensions for the current fleet to 50 or 60 years, and a first small modular reactor by the early 2030s. It also formally scraps a prior plan to shut down 14 reactors, including those at Fessenheim.

France currently generates roughly 70% of its electricity from nuclear — the world’s highest share — but still relies heavily on fossil fuels in transport and industry, which the plan aims to address through a broader electrification push targeting a 60% electric energy mix by 2030.

On renewables, Lecornu rejected any suggestion of a trade-off. “Pitting nuclear against renewables is a dead end,” he said. “The real battle is to get out of carbon and reduce our dependence on imports.” The government confirmed no moratorium on wind and solar, though it acknowledged that slower electrification could trim onshore targets in the coming years.

Execution, however, remains an open question. The first EPR2 reactor will not come online before 2038, France’s Nuclear Policy Council confirmed in March 2025, and projected costs have risen 30% — from €51.7 billion to €79.9 billion — with no final ceiling set. EDF faces a final investment decision pending EU talks in 2026, and the Court of Auditors has urged the government not to proceed until financing is secured.



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Expands New Discovery Following Trenching

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

Related News

Amazon Also Backs Small Modular Reactors in Latest Clean Energy Push

Amazon (Nasdaq: AMZN) has announced plans to invest in nuclear energy projects, focusing on Small...

Thursday, October 17, 2024, 11:05:00 AM

Trump Admin To Loan $1B To Restart Three Mile Island Nuclear Reactor

The US Department of Energy will lend Constellation Energy $1 billion to restart the former...

Saturday, November 22, 2025, 07:36:00 AM

Scuffles Erupt As France Begins Nationwide Strikes For Higher Wages

In Paris on Tuesday, protestors clashed with police and broke shop windows as French trade...

Wednesday, October 19, 2022, 11:14:00 AM

Trash Piles Up in France As Garbage Collectors Continue to Protest Against Macron’s Pension Reform

The city of lights has turned into a city of fires as the garbage collection...

Friday, March 24, 2023, 02:19:00 PM

Niger Coup Detains Son Of Ambassador To France, Snubs Diplomatic Efforts From ECOWAS & African Union

More and more signs are pointing to an imminent war breaking out of Africa after...

Wednesday, August 9, 2023, 03:01:57 PM