Skip to content
Subscriber Only

Hollande Draws French Industry Ire as Nuclear Edge Fades

French industrial groups are up in arms as their once-celebrated nuclear-energy edge evaporates.

After decades when their factories churned out everything from steel, glass and chemicals with one of the cheapest power prices in Europe thanks to the country’s 58 nuclear reactors, French companies’ competitive advantage is being whittled away as the U.S. embrace of shale gas cuts energy prices there and as Germany gives businesses fiscal breaks on electricity costs.