This Merger Could Signal Big Changes In Nuclear Energy

France has long been at the forefront of nuclear power as one of the biggest users around the world. But the recent announcement that French nuclear giant Areva would merge its reactor business with fellow French giant EDF is a sign of changing times in the industry. Both EDF and Areva are more than 80% owned by the French government, so essentially both companies are largely beholden to the will of the state. That reality was reflected by the fact that the French President’s office actually made the merger announcement. Related: Busting…

via Daily News Update

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