Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, June 29, 2012

GDF Suez to trim nuclear energy business, experts say

GDF Suez to trim nuclear energy business, experts say
Experts predict sharp cuts in GDF Suez's nuclear energy business as France's nuclear market weakens and as Belgium curbs its dependence on nuclear power. "My view is that GDF Suez will continue to manage its power stations in Belgium [until 2025] but that it will choose other energy forms [elsewhere]," said Paris Dauphine University professor Jean-Marie Chevalier. GDF Suez obtained 10% of its total energy generation from nuclear in 2011, down from 13% in 2010. Reuters (6/28)

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