A competitive energy
Nuclear energy is one of the least expensive sources of electricity to produce,
making French electricity prices among the lowest in Europe.
Uranium and energy independenceUranium ore
is no longer mined in France. The last mine stopped its production in 2001 because the deposits were no longer economically viable even though there was still uranium in France. Orano’s mining activities
are now located in Kazakhstan, Canada, and Niger. By mining these deposits with partners, generally mining actors in these countries, the Orano group diversifies and ensures the security of its uranium production.
For all the rest of Orano’s fuel cycle activities, the plants and skills
are located in France
, be it for transforming and enriching the uranium to make fuel, recycling spent fuel, engineering, or dismantling. The presence of these plants in France thus plays a direct role in strengthening the country’s sovereignty over its energy supply. For example, the strategic stocks of materials
, found in part on Orano’s sites in France, represent 3 to 5 years of consumption. For gas or oil, there are only a few months of stocks.