Market Report, "France Oil & Gas Report Q3 2013", Published
Since the 2011 Fukushima Daiichi nuclear disaster and the 2012 presidential elections, French dependence on nuclear energy has been under the spotlight and has been set to be diluted in favour of renewables. President Hollande has restated a goal of reducing nuclear generation from 75% to 50% of the electricity mix. This also leaves the door open for gas to play a larger role. However, given the influence of the nuclear lobby in France, Hollande's cabinet is likely to struggle...
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