France / EDF’s Lévy Says Time Is Right To Invest In New Reactors, But Gives Warning On Taxonomy

President Macron wants to revive the country’s nuclear construction programme
EDF’s Lévy Says Time Is Right To Invest In New Reactors, But Gives Warning On Taxonomy
Jean-Bernard Lévy warned that discussions about the EU’s taxonomy and the potential inclusion of nuclear power are ‘absolutely essential’.
The time is right to invest in nuclear energy because global financing is abundant after two years of pandemic uncertainty, but it is essential reactors are included in the EU’s sustainable finance taxonomy, Jean-Bernard Lévy, chairman of the French state utility and nuclear operator EDF, told the World Nuclear Exhibition in Paris.

Mr Lévy said the world needs to think about how to channel money into low-carbon solutions, “We have to think how to channel this money into low-carbon solutions including nuclear in the next two years,” he said.

He warned that discussions about the EU’s taxonomy and the potential inclusion of nuclear power are “absolutely essential”.

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