France, China sign cooperation deals in nuclear and renewable energy - Reuters
France, China sign cooperation deals in nuclear and renewable energy | Reuters
France, China sign cooperation deals in nuclear and renewable energy
PARIS, April 6 (Reuters) - France and China signed several cooperation deals in the field of energy, notably nuclear and wind energy, during a state visit of French President Emmanuel Macron to China, the Elysee palace said in a statement.
The Elysee said French state utility EDF and Chinese utility CGN, both major operators of nuclear plants, had signed a deal to renew their long-standing partnership. Deals were also signed between EDF and China Energy Investment Corporation for offshore wind.
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Related Knowledge Center: ENERGY BASICS: nuclear
Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.