The signing of the agreement, which was accompanied by another global energy cooperation agreement, took place on the occasion of the Franco-British summit in The Élysée Palace in Paristhe first in five years, in which a French president, Emmanuel Macronand British Prime Minister, Sunak Receipt.

alliance goals

The alliance’s first aim is to “send a very strong political message, both to the governments and companies of the two countries, that the cooperation is very strong”, explained the French sources.

Moreover, they emphasized that “Defining this shared ambition with England can help us on the European stage.“.

A clear allusion to infighting within the European Union between a pro-nuclear bloc of nations, led by Francethat seeks to recognize the role of electricity”decarbonized“Nuclear power plants in a society of energy transition goals and those who oppose it, such as Germany or Spain.

Both countries are committed to working closely with the other G7 leaders

In his statement, both countries are committed to working closely with the other G7 leaders to take joint steps to reduce Russia’s dependence on civilian atomic power, which primarily involves diversifying its uranium supply and nuclear fuel production capacity.

France produces approx 70% electricity with 56 reactors the nuclear park operated by the state corporation EDF and the UK intends to increase the atomic weight from 15% to 25%.

EDF, which operates several atomic reactors in the UK, is in charge of building two EPR-type reactors in Hinkley Point.

In addition, take part in a joint consortium british government (from which Chinese shareholders left in November) to build another pair of EPR reactors at the Sizewell C power plant, on England’s east coast, where the British Executive announced in November an initial investment of 700 million pounds.

Laying the groundwork for a possible increase in electrical interconnection between France and the UK

Expected between now and a summer your financing commitmentwhich is estimated at around 20,000 million pounds (about 22,600 million euros).

The agreement also lays the groundwork for a possible increase in electrical interconnection between French and English. Currently there are three with 4 gigawatts of capacity and London is looking to expand in its goal of achieving at least 18 gigawatts of interconnect capacity.