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Will therefore be Essential to be able

The winner takes it all” The ABBA refrain, quoted several times in the Will therefore be  president’s speech, sums up the philosophy of the plan: invest massively in sectors where France can be a leader, including, unsurprisingly, nuclear power. As a reminder, the plan devotes 8 billion euros to the energy transition, including 1 billion for the construction of telegram database mini-reactors. The only French manufacturer of this type of reactor is NUWARD, a joint venture bringing together EDF, Naval Group and the CEA (the French Alternative Energies and Atomic Energy Commission ) .

Other major beneficiaries of the plan Will therefore be

Include electric car manufacturers (Renault and Stellantis) and low-carbon aircraft manufacturers ($4 billion), the electronic chip sector ($6 billion to double production by 2030), as well as the biomedicine and agricultural robotics sectors. Unsurprisingly, employers have welcomed the plan, while several NGOs have criticized its support for nuclear power and deep-sea exploration . (More details on the plan and reactions here , in English.)

Governance can wait

The Elysée has decided to take its time to decide another delicate question, that of who will control these expenses and how. The governance system will be presented “at the beginning of 2022,” Macron explained last week, while anticipating the creation of a “pilot team” with academics, industrialists and researchers. The question of governance also 5 steps to build strategic partnerships seems to worry the MEDEF , according to which it will be necessary “to be able to redirect investments quickly.” Even the Elysée is already anticipating that “there will be many failures” and that it  to transfer funds from one project to another as quickly as possible.

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