BMI View: Nuclear power accounts for the majority of electricity generation in France, although thegovernment has an ambitious target of reducing nuclear power''s share from 75% to 50% by 2025. It''s abold target and not without its opponents; consumers could face an increase in electricity bills of 30% by2017, according to a report by France''s Energy Regulation Commission. BMI believes that France is wiseto take steps to diversify its electricity generating mix. The future of the nuclear power industry has beenunclear in Europe, following Germany''s decision to phase out all nuclear power stations, andmacroeconomic conditions in the region are cutting profit margins...
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