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.

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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.

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The Japanese government plans to fund up to 30% of loans required for nuclear projects, aiming to accelerate reactor restarts and double the share of nuclear energy in its energy mix by 2040.
French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.
French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.
California-based startup Radiant has secured $300mn to build its first factory in Tennessee and prepare for the mass production of miniature nuclear reactors for off-grid applications.
Terra Innovatum has increased its interactions with the Nuclear Regulatory Commission to advance licensing of its SOLO™ micro-modular reactor, despite the partial shutdown of the US federal government.
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The SATURNE Industrial Chair aims to develop innovative uranium extraction methods, with joint funding from Orano and the National Research Agency over a four-year period.
US-based X-energy has signed a reservation agreement with South Korea's Doosan Enerbility to secure key components for its small modular nuclear reactors.
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Samsung Heavy Industries has received Approval in Principle for a floating nuclear plant featuring two SMART100 reactors, marking a step toward the commercialisation of offshore small modular reactors.
The Indian government proposes a unified legal framework for nuclear energy, aiming to boost private investment and increase installed capacity to 100 GW by 2047.
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Israeli firm nT-Tao and Ben-Gurion University have developed a nonlinear control system that improves energy stability in fusion plasmas, strengthening the technical foundation of their future compact reactors.
The Indian government has introduced a bill allowing private companies to build and operate nuclear power plants, ending a state monopoly in place for over five decades.
Natura Resources enters a new regulatory phase for its molten salt reactor MSR-1, following the signing of a framework agreement with the US Department of Energy under the Reactor Pilot Program.
Norwegian Nuclear Decommissioning is surveying 22 localities to assess their interest in hosting storage facilities for radioactive waste from the country’s former research reactors.
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