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Emmanuel Macron announced at the Élysée on Tuesday a five-year investment plan of 30 billion euros aimed at developing industrial competitiveness and future technologies in France. The Head of State wishes in particular to see France equip itself with small modular nuclear reactors in the coming decade.

France intends to invest 30 billion euros over five years to reindustrialize, regain its independence, develop new advanced technologies and decarbonize its economy, announced Tuesday, October 12, Emmanuel Macron.

Six months before the first round of the presidential election for which he is not yet an official candidate, the Head of State presented to the Elysee an investment plan called “France 2030”, which should promote the emergence of new industrial sectors of the future, ranging from nuclear and renewable energies, green mobility and hydrogen to biomedicines and agroecology, including semiconductors and batteries.

Among the ten priorities set by this new plan, Emmanuel Macron explained in particular that the coming decade should see France acquire small modular nuclear reactors (SMR, for “Small Modular Reactor”), with a power ranging from from 25 to 500 megawatts (against 1,600 for the EPR developed by EDF). He announced that France should also acquire in the meantime two “gigafactories” of electrolysers.

“If we do not take this turn of innovation and industrialization, we will continue to worsen our deficits”, underlined the President of the Republic, who was speaking to several members of the government, including Prime Minister Jean Castex , as well as business leaders and young people.

With this new plan covering the next five-year term, the Head of State includes the question of the economy in the presidential campaign and hopes to turn the page on the Covid-19 pandemic, in the wake of the “France relaunch” plan presented in September 2020 and endowed with 100 billion euros.

With Reuters


France 24-Trans

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