France hangs on to Areva ownership

ByRod Adams

The French government has announced that it will not be proceeding with its previously announced plans to partially privatize Areva. The organization is a completely government owned nuclear power conglomerate whose various units are involved in every phase of the nuclear power industry from uranium mining, through fuel fabrication, to plant construction, to fuel recycling to long term storage. Apparently the French government has decided that the company is too integral a part of its identity to allow shares to be sold to the public.

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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