AREVA’s grand nuclear empire plans coming unstuck?
it is president Nicolas Sarkozy’s dream to streamline the nuclear power sector, from design to operation, working as a team to win high profile contracts around the world.
French Nuclear Industry Faces Meltdown, THE WALL STREET JOURNAL, By Geraldine Amiel May 11, 2010,A much-awaited report on France’s nuclear industry — due out later this week — is understood to offer ways for France’s diverse nuclear industry to work together to garner big contracts around the globe.
It may succeed. That is, if the government can use it to end, or at least calm, a complex of feuds among the heads of France’s biggest energy companies……it is president Nicolas Sarkozy’s dream to streamline the nuclear power sector, from design to operation, working as a team to win high profile contracts around the world.
“All bosses of France’s biggest energy companies more or less hate or at least despise each other, for one reason or another,” an executive at one French energy company told Dow Jones Newswires under conditions of anonymity.
“This little war of chieftains is certainly detrimental to French companies’ reputation and credibility on an international level,” a Paris-based analyst said…..there’s the deep-rooted personal antipathy between nuclear engineering titan Alstom’s CEO Patrick Kron and state-controlled nuclear engineering group Areva’s CEO Anne Lauvergeon……where the French nuclear industry is concerned personal animosity can breed failure……
The schizophrenic nature of a French economic policy that preaches private ownership, but ultimately controls strategic sectors, especially energy, may explain part of the situation.
The state owns 84% in EDF and 93% in Areva,………The dispute over nuclear waste transport and treatment went public and ended up on the Prime Minister’s lap
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