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by Barrin92
1924 days ago
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This is wrong in two ways. First off, electricity in France isn't particular cheap by European standards (which already is not cheap)[1] Secondly, the EDF is debt-laden and heavily subsidized by the French state, this is why other providers cannot compete. Nuclear energy itself is on the expensive end when it comes to energy sources. As the article points out, France has not even allocated a third of the money it needs to decommission existing plants. [1]https://ec.europa.eu/eurostat/statistics-explained/index.php... |
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Nuclear do get most money for research and development compared to other energy sources, but I have a hard time see how that translate to energy prices. R&D usually goes to universities.
If we use France specifically, according to the report here (https://ec.europa.eu/energy/sites/ener/files/progress_on_ene...):
"In France, Belgium, Poland, Greece, Ireland and Finland, the highest shares were spent on fossil fuels (although in absolute terms, the fossil fuel subsidies in France were slightly lower than in Germany).
Both Germany and France is at the same time dwarfed by the amount of subsidies given to fossil fuel in the US. Nuclear subsidized is a tiny dot on map compared to the billions being spent on coal, oil and gas.