“Ambiguity and industry do not mix”

by time news

Philip Knoch. Paul Delort / Le Figaro

INTERVIEW – For Philippe Knoche, CEO of Orano, the outlook for French nuclear power has changed since the Belfort speech.

The horizon is brightening for Orano, the group resulting from the ex-Areva for its fuel cycle businesses, and its managing director Philippe Knoche. The nuclear market is recovering prospects, and the order book stands at 26 billion euros. For 2022, Orano is posting a loss of 377 million euros caused by the impact of the financial markets on its end-of-cycle provisions, but the operational lights are green.

LE FIGARO. – The energy crisis and the war in Ukraine are causing renewed interest in nuclear energy. Do you see it?

Philippe KNOCHE. – This movement started before, with the reports of the IPCC on climate and the IEA (International Energy Agency) on decarbonization scenarios. All give nuclear a role in making the transition between a world where the energy consumption of OECD countries is still two-thirds or even three-quarters made up of hydrocarbons, and carbon neutrality in 2050.

Renewables are not enough…

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