Industry news
The energy industry in France
France ranks 43rd in the world when it comes to oil production with most of its’ oil assets being in the North Sea, Africa and Latin America. As a result, it is heavily reliant in imports at present from Norway and the Middle East and this has, along with environmental concerns, is driving its current efforts to increase its use of renewable energy. In 2016, just under 20% of the country’s power consumption came from renewable sources. Despite these efforts, the country also has a strong nuclear sector, with 75% of its electricity coming from nuclear energy and is the largest exporter of electricity in the world. This is led by EDF who manage the country’s 58 nuclear reactors situated throughout France.
