What Sunday’s Euro elections mean for energyPosted: May 9, 2012
Forbes contributor Christopher Coats looks at what new French President François Hollande’s energy policies might mean for southern Europe, noting that it could spell the end, or at least a curtailing of France’s nuclear industry. But the whole Euro-crisis could also threaten Hollande’s efforts to support more green energy.
In a country that depends on nuclear for 75 percent of its energy needs, Hollande’s approach is sure to demand some serious political will, especially to get anywhere near his stated goal of reducing dependence on the sector to 50 percent within the next 13 years.
Of course, Greece’s elections results will effect the overall will of the European Union energy policy, particularly the Helios solar farm, which the new Greek government will probably look to curb.