Emmanuel Macron to Chair Nuclear Policy Council Focused on SMRs and Uranium Supply

On Monday, President Emmanuel Macron will chair a Nuclear Policy Council focused on small modular reactors (SMRs) and uranium supply, within a global context of renewed interest in nuclear energy.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 €*

then 199 €/year

*renews at 199€/year, cancel anytime before renewal.

On Monday, March 17, 2025, President Emmanuel Macron will convene the fourth Nuclear Policy Council of his mandate. This meeting takes place as France reaffirms its commitment to nuclear energy to secure its energy sovereignty and respond to current climate challenges.

Focus on Small Modular Reactors (SMR)

The Council will focus on innovative small reactor projects, also known as Small Modular Reactors (SMRs). The objective is to concentrate government support on the most promising projects, aiming to have two operational SMRs in France by 2030. This initiative aims to position France at the forefront of nuclear innovation.

Uranium Supply: A Strategic Issue

Amid renewed global interest in nuclear energy, uranium supply has become a critical concern. Major uranium suppliers are located in Canada, Africa, and Central Asia. It is essential to equip French companies, notably Orano (formerly Areva), with the resources to guarantee long-term uranium supply, ensuring the sovereignty of France’s entire nuclear sector.

Update on the EPR2 Program

The Council will also review the progress of the EPR2 reactor program. Discussions are expected to pave the way for financing negotiations with the European Commission. This initiative aligns with France’s ambition to expand nuclear power production capacity to meet future energy demands.

Context of Macron’s Nuclear Strategy

Since his speech in Belfort in February 2022, Emmanuel Macron has positioned nuclear energy at the core of France’s energy strategy. This approach aims to strengthen the country’s energy independence and address contemporary climate challenges.

Future Energy Needs of France and Europe

Faced with growing energy demand and the necessity to reduce greenhouse gas emissions, France and Europe must diversify and secure their energy sources. Nuclear power, as a low-carbon energy source, occupies a central role in this strategy. The revival of France’s nuclear program is part of efforts to ensure energy sovereignty while meeting European climate goals.

This proactive approach in the nuclear sector highlights France’s intention to maintain energy leadership and actively contribute to Europe’s energy transition objectives.

The United States Nuclear Regulatory Commission has granted a 40-year extension for the AP1000 reactor design certification, supporting its long-term construction domestically and deployment abroad.
Nano Nuclear Energy has signed a memorandum of understanding with Dioxitek, Argentina’s only uranium supplier for nuclear fuel, to assess the development of local conversion and enrichment capacities.
Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.
The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
A Guidehouse Research report anticipates strong growth in the global nuclear modular reactor market, with revenues rising from $375.8 million in 2025 to $8.1 billion in 2034.
KHNP, Doosan, POSCO and Samsung C&T join US partners to develop 5 GW of modular reactors, expand uranium enrichment and build an 11 GW energy complex in Texas.
The US Department of Energy is creating an industrial consortium to accelerate domestic enriched uranium production and reduce reliance on foreign imports ahead of the Russian supply ban in 2027.
The kamikaze drone damaged an auxiliary transformer at the Kursk plant, halving the output of its only reactor in operation, according to Rosatom and the International Atomic Energy Agency.
The four production units at the Gravelines nuclear power plant, shut down in mid-August by a massive jellyfish incursion, are back online, restoring the site’s full capacity.
enCore Energy Corp. has completed a $115 million fundraising through convertible notes maturing in 2030, strengthening its financial capacity for upcoming operations.
Vattenfall advances its nuclear project in Sweden by selecting two modular reactor suppliers, GE Vernova and Rolls-Royce SMR, for a potential installation on the Värö Peninsula.
NANO Nuclear Energy has been selected to compete in the final round of xTechSearch 9, a US Army initiative aimed at identifying high-potential dual-use technology solutions.
Aalo Atomics completes Series B funding, bringing its total to USD 136 million, to build its first modular nuclear power plant dedicated to data centers.
The Malaysian government initiates a national assessment on nuclear energy feasibility, targeting regions facing energy supply constraints and integrating international regulatory requirements.
The merger between Premier American Uranium and Nuclear Fuels reaches a key milestone following final approval of the arrangement plan by the Supreme Court of British Columbia.
TVA, Google, and Kairos Power formalize an agreement to connect an advanced reactor to the grid, supporting data center energy growth and reinforcing the U.S. nuclear industry.
The U.S. Department of Defense has signed an agreement with X-energy to develop a commercial nuclear microreactor intended to power sensitive military infrastructure.
With cash reserves multiplied sevenfold in nine months, NANO Nuclear intensifies development of its KRONOS MMR and positions itself in the Canadian and U.S. modular nuclear markets.
Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.
The U.S. Department of Energy selects Oklo and its subsidiary Atomic Alchemy for three pilot reactor projects aiming for criticality before July 2026.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: €99 for the 1styear year, then € 199/year.