France: Macron Ramps Up Nuclear Support

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Soaring natural gas prices, climate change pressures and pro-nuclear populism seems to be pushing a solid chunk of Europe toward more support for nuclear energy. Nowhere is this more evident than in France, where President Emmanuel Macron this week pledged €1 billion ($1.2 billion) to develop a small modular reactor (SMR), and nuclear waste management innovations.

Iran nuclear talks resume today in Vienna; Canada's Bruce Power raises C$500 million in a novel green bond for nuclear investments; and Romanian operator Nuclearelectrica signs a C$8.4 million contract with SNC-Lavalin subsidiary Candu Energy for "engineering services" related to updating numerous documents needed to restart work on the long-stranded Cernavoda-3 and -4.
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