Natural Gas Daily Europe Policy & Regulation
French energy policy offers chance for gas19 July 2017
France’s renewed push to phase out nuclear and coal in the power sector could offer an opportunity for the gas industry to gain market share, although analysts remain sceptical about the intended timeframe and scale of the phase-out.
Nicolas Hulot, France’s new environment minister, who assumed office in May, said he will follow through on the previous government’s target to reduce nuclear’s share of the power mix from 75% to 50% by 2025. “It’s understandable that, in order to reach that target, we will have to close a number of reactors […] it could be up to 17 reactors, we’ll have to see,”Hulot said as he laid out France’s new climate and energy plan on 6 July.
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