Despite their environmental benefits in terms of low life-cycle emissions, the market for nuclear GOs currently remains constrained by general anti-nuclear sentiment and preference for renewable energy. However, there is room for higher nuclear GO demand to the extent that end-users are concerned with GHG accounting rather than the renewable attributes of electricity.
Legislative context The French decree relating to electricity GOs entered into force in November 2023. The decree extends GOs to non-renewable sources, enabling the issuance of nuclear GO. Importantly, France did not introduce full production disclosur…
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