Paris “City of Light”.
EDF, Electricité de France, a major player in the reconstruction of the country during the Glorious Thirties from 1945 to 1975. Resounding success of the civilian nuclear program in response to the oil shocks of the 1970s... For a long time, the electricity fairy - French expression unique in the world embodied by the painting of the same name by Raoul Dufy from 1937 - was particularly kind to us.
France has drawn a considerable comparative advantage from its fleet of nuclear power plants (the largest on the planet after the United States).
Both for the competitiveness of companies, which really need it, and for individuals delighted to have the cheapest electricity in Europe.
For decades, France remained the leading net exporter of electricity on the continent.
Until 2021.
And wham, fortune turned around at the worst time.
Nuclear failures - half of the 56 reactors shut down for technical reasons - are combined with the…
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