[ARCHIVE] Make Your Move

Is France Losing Its Energy Advantage?

Dec. 6, 2012

Changes to France’s nuclear program could negatively impact its economic competitiveness.

Interesting to note that France's energy costs are reportedly 35% cheaper than the rest of Europe due to their nuclear program. That should translate to some economic advantage but does it? The labor unions in France are really demanding and powerful. Without the energy advantage France may not be competitive at all. Shutting down the nuclear program (or reducing it significantly) as the new president has vowed would seem to usher in a downturn in the country's competitive posture and economic fortune.

About the Author

Alan Beaulieu Blog | President

One of the country’s most informed economists, Alan Beaulieu is a principal of the ITR Economics where he serves as President. ITR predicts future economic trends with 94.7% accuracy rate and 60 years of correct calls. In his keynotes, Alan delivers clear, comprehensive action plans and tools for capitalizing on business cycle fluctuations and outperforming your competition--whether the economy is moving up, down, or in a recession.

Since 1990, he has been consulting with companies throughout the US, Europe, and Asia on how to forecast, plan, and increase their profits based on business cycle trend analysis. Alan is also the Senior Economic Advisor to NAW, Contributing Editor for INDUSTRYWEEK, and the Chief Economist for HARDI.

Alan is co-author, along with his brother Brian, of the book MAKE YOUR MOVE, and has written numerous articles on economic analysis. He makes up to 150 appearances each year, and his keynotes and seminars have helped thousands of business owners and executives capitalize on emerging trends.

Prior to joining ITR Economics, Alan was a principal in a steel fabrication company and also in a software development company.