>>> US Early premarket gappers



From: LAURENT CHEKROUN (MAKOR SECURITIES LLP) At: Jan 13 2015 13:29:17
Subject: >>> US Early premarket gappers
Early premarket gappers

Gapping up: BVX +19%, GEVO +18.7%, BEBE +18.5%, HEAR +11.9%, PCYC +11.1%, XENT +10.9%, PHMD +8.3%, TOPS +6%, CTIC +5.7%, SNX +5.7%, FRO +5.4%, HXL +4.1%, HXL +4.1%, RLH +3.7%, KITE +3%, AU +2.7%, AEM +2.7%, AMZN +2.4%, SPWR +2.2%, SLV +2.1%, AA +2%, BLCM +1.9%, STO +1.6%, BIIB +1.5%, GDX +1.5%, CCL +1.4%, SHPG +1.3%,AZN +1.3%, MBLY +1.3%, AAPL +1.2%, SLW +1.2%, KGC +1.2%, BCS +1.1%, ABX +1.1%, GG +0.9%, HMY +0.7%

Gapping down: ECOM -30.3%, ANW -10.2%, BGFV -8.2%, WWW -6.7%, LMNR -4.6%, AUY -4%, JUNO -3.7%, OXY -3.1%, SNN -2.5%, AIV -2.2%, HPP -2.1%, RIG -1.7%, BRX -1.3%, NOV -1.2%, MT -1.1%, RIO -0.9%, BAS -0.9%, BURL -0.7%, SLB -0.6%

>>> US Early premarket gappers

Early premarket gappers

Gapping up: BVX +19%, GEVO +18.7%, BEBE +18.5%, HEAR +11.9%, PCYC +11.1%, XENT +10.9%, PHMD +8.3%, TOPS +6%, CTIC +5.7%, SNX +5.7%, FRO +5.4%, HXL +4.1%, HXL +4.1%, RLH +3.7%, KITE +3%, AU +2.7%, AEM +2.7%, AMZN +2.4%, SPWR +2.2%, SLV +2.1%, AA +2%, BLCM +1.9%, STO +1.6%, BIIB +1.5%, GDX +1.5%, CCL +1.4%, SHPG +1.3%,AZN +1.3%, MBLY +1.3%, AAPL +1.2%, SLW +1.2%, KGC +1.2%, BCS +1.1%, ABX +1.1%, GG +0.9%, HMY +0.7%

Gapping down: ECOM -30.3%, ANW -10.2%, BGFV -8.2%, WWW -6.7%, LMNR -4.6%, AUY -4%, JUNO -3.7%, OXY -3.1%, SNN -2.5%, AIV -2.2%, HPP -2.1%, RIG -1.7%, BRX -1.3%, NOV -1.2%, MT -1.1%, RIO -0.9%, BAS -0.9%, BURL -0.7%, SLB -0.6%


Read more: http://www.briefing.com/InPlayEq/InPlay/InPlayDual.htm#ixzz3Ohhs4k00

>>> Mota- Engil - +10% on Santander initiation - €2.62 target €4.60 +77%

--> Interesting Report, I stronlgly Believe this stock is a strong Buy, have a look to this report attached. Big exposure to the Africa...Infrastructure...
the stock is not very well covered with only Credit Suisse Covering, i will send you the report in the new few minutes.
have a look
Laurent


Mota Engil - Ready for the new Emerging Markets

* We reinitiate coverage of Mota-Engil with a Buy rating.
Mota is among the few Engineering and Construction (E&C) players with a deep know-how and successful track record in the next emerging market: Sub-Saharan Africa (67% of 2013 EBITDA). This should translate into several growth opportunities given the region’s infrastructure deficit: construction spending is expected to post a 9% 2008-20E CAGR and Mota should grow by a 7.5% 2013-18E CAGR. Mota holds a 80% stake in its listed African subsidiary –Mota-Engil Africa (MEAFR).

* But Mota is not only Africa, it is also LatAm (9% of EBITDA) and Europe (mainly Portugal and Poland). 
With recent awards LatAm (mostly Mexico) has gained significant weight in the backlog (46% of the total). Mota’s backlog reached an historical peak in 9M14 of €4.4bn and the company repeated a maximum orderbook measured in months (22). Mota’s backlog increased by 19% YoY in 9M14, indicating solid growth for 2015E.

* Despite backlog growth, we expect 2015E to be a tough year:+6% and +1% sales and EBITDA growth respectively. Our
cautious stance is based on a deceleration in MEAFR due to weaker activity in Angola. Angola is MEAFR’s main sales contributor (c16% of the backlog) and should face a sharp slowdown as the fall in crude oil prices reduces infrastructure investment (oil rents account for 41%-43% of GDP).

* Mota’s share price has collapsed (-60%) since it reached its 5-year peak of €6.0/sh in July 2014. This performance was mostly explained by: (1) the cancellation of the MEAFR IPO (it is now listed but with only a 6% free-float) due to the bankruptcy of BES, leading to foreign investors fleeing from Portuguese stocks; (2) poor cash-flow generation in 9M14 due to strong investment in Working Capital; and (3) the recent plunge in oil prices.

* We believe that the current share price already partly discounts a recession in Angola and see the stock as deeply
undervalued when considering our YE15 TP of €4.60/sh and the implicit reference price for Mota, ie, €3.58/sh, when using the MEAFR’s current stock price.

WSJ :Boeing to Exit Commercial Cybersecurity Business

Boeing to Exit Commercial Cybersecurity Business
Symantec Acquires Staff, Technology Licenses From Boeing’s Narus Unit

Symantec Corp. is expanding its presence in the battle against corporate hackers through a deal with Boeing Co. , after the aerospace-and-defense giant found it tough to win commercial deals in the fast-growing cybersecurity business.

Boeing and other defense contractors such as Lockheed Martin Corp. expanded their cyber offerings through dozens of small acquisitions over the past four years, aiming to leverage their prowess in protecting the Pentagon and their own servers through deals with banks, retailers and others being targeted by cyber thieves.

Symantec on Monday said it had acquired staff and technology licenses from the Narus Inc. business Boeing bought four years ago, hoping to use Narus’s Internet-filtering technology to win commercial deals. Terms of the deal weren’t disclosed.

“That just didn’t materialize the way we thought it was going to,” said Dewey Houck, vice president and general manager of Boeing’s Electronic & Information Solutions division.

For Symantec, best known for its Norton Antivirus software, the deal is part of an effort to reinvent itself in a crowded and fragmented industry tackling a surge in high-profile breaches suffered by banks such as J.P. Morgan Chase & Co. and retailers including Target Corp.

Norton works like an immune system to block previously seen attacks. But Symantec acknowledges that antivirus programs are less effective against novel attacks.

Narus specializes in Internet-filtering software for intelligence agencies. The Wall Street Journal in 2013 reported that Narus developed technology used by the National Security Agency’s surveillance systems.

Symantec Chief Technology Officer Amit Mital said the Narus engineers will examine Symantec’s four-trillion-row database of computer threats to develop better algorithms to spot skilled hackers. “People with these skills are very, very hard to find,” Mr. Mital said.

Symantec shares have risen more than 35% since it fired its second chief executive in as many years, Steve Bennett, last March. Since then it has promised new products and said in October it would split into two firms—one for computer security and one for data storage.

Boeing bought Narus, which then employed 150, in 2010, one of several acquisitions in its push into cybersecurity. But executives had indicated in recent months that commercial markets were proving tough to crack.

Symantec said it interviewed more than 100 people from Narus and ultimately hired about 65.

Boeing’s planned exit from part of its commercial cybersecurity business is the first since Chris Chadwick took over as head of its defense and space business a year ago and launched an internal restructuring. Boeing officials said the company will focus its cybersecurity efforts on military and government customers and protecting its own network.

Lockheed Martin has been the most optimistic among peers about commercial cyber opportunities, and last year bought Massachusetts-based Industrial Defender, which specializes in protecting critical infrastructure against cyberattacks. Lockheed has said its cyber business generates sales of around $1 billion a year, though it doesn’t break this down between military and commercial clients.

Chandra McMahon, vice president of commercial markets at Lockheed Martin, said commercial work remained one of its fastest-growing cyber businesses.

She said Lockheed had found synergies between government work and infrastructure, healthcare, chemicals and financial-services clients.

>>> Bayer to focus on internal pipeline in animal health --> -ve for Zoeltis



From: LAURENT CHEKROUN (MAKOR SECURITIES LLP) At: Jan 13 2015 11:55:23
Subject: >>> Bayer to focus on internal pipeline in animal health --> -ve for Zoeltis
Bayer to focus on internal pipeline in animal health - Healthcare CEO 

Bayer AG does not need to gain scale to grow its animal health business and thus is focusing on its internal pipeline, said Healthcare CEO Olivier Brandicourt.

Brandicourt, speaking at the JP Morgan Healthcare conference, said that animal health is "not a critical mass type of business," unlike its over-the-counter business, for which Bayer bought Merck & Co's OTC unit for USD 14.2bn in 2014.

There has been speculation of Bayer as a possible bidder for top animal healthcare company Zoetis, which was spun off from Pfizer and has a market capitalization of USD 22.2bn.

Asked about the spin-off of its Material Sciences unit, Brandicourt said that Bayer would still prefer to IPO the unit. Both Brandicourt and investor relations manager Jürgen Beunink declined to comment on the timing of the IPO when asked by this news service. Media reports had said that Bayer was also exploring a sale of the unit.

Proceeds from the IPO of the Material Sciences unit could be used for bolt-on acquisitions, though Bayer will still focus on paying down debt, largely generated from the acquisitions of Merck's OTC business, said Brandicourt. The scale of bolt-on acquisitions can be gauged from its purchase of Algeta in 2013, which came to USD 2.9bn.

Brandicourt also declined to comment about the auction process to sell its diabetes unit. But he admitted that the unit had come under pressure, losing 70% of its reimbursement in the US. The unit is now doing "slightly better" but diabetes remains a tough area for Bayer.

Bayer has reportedly mandated Credit Suisse to explore a sale of the unit. This news service previously reported that it failed to attract solid interest, with KKR as the only feasible bidder.

>>> Bayer to focus on internal pipeline in animal health --> -ve for Zoeltis

Bayer to focus on internal pipeline in animal health - Healthcare CEO 

Bayer AG does not need to gain scale to grow its animal health business and thus is focusing on its internal pipeline, said Healthcare CEO Olivier Brandicourt.

Brandicourt, speaking at the JP Morgan Healthcare conference, said that animal health is "not a critical mass type of business," unlike its over-the-counter business, for which Bayer bought Merck & Co's OTC unit for USD 14.2bn in 2014.

There has been speculation of Bayer as a possible bidder for top animal healthcare company Zoetis, which was spun off from Pfizer and has a market capitalization of USD 22.2bn.

Asked about the spin-off of its Material Sciences unit, Brandicourt said that Bayer would still prefer to IPO the unit. Both Brandicourt and investor relations manager Jürgen Beunink declined to comment on the timing of the IPO when asked by this news service. Media reports had said that Bayer was also exploring a sale of the unit.

Proceeds from the IPO of the Material Sciences unit could be used for bolt-on acquisitions, though Bayer will still focus on paying down debt, largely generated from the acquisitions of Merck's OTC business, said Brandicourt. The scale of bolt-on acquisitions can be gauged from its purchase of Algeta in 2013, which came to USD 2.9bn.

Brandicourt also declined to comment about the auction process to sell its diabetes unit. But he admitted that the unit had come under pressure, losing 70% of its reimbursement in the US. The unit is now doing "slightly better" but diabetes remains a tough area for Bayer.

Bayer has reportedly mandated Credit Suisse to explore a sale of the unit. This news service previously reported that it failed to attract solid interest, with KKR as the only feasible bidder.

(Usine Nouvelle) Ségolène Royal : "Il faut bâtir de nouvelles ce

Ségolène Royal : "Il faut bâtir de nouvelles centrales nucléaires"

ENTRETIEN Ségolène Royal, la ministre de l’Écologie, du Développement durable et de l’Énergie, revient sur la loi de transition énergétique, l’avenir du nucléaire et l’implication des entreprises dans la lutte contre le réchauffement climatique.
Le 8 janvier, Ségolène Royal, la ministre de l’Écologie, du Développement durable et de l’Énergie, rencontre "L’Usine Nouvelle". L’entretien, prévu pour durer une heure, sera abrégé, urgence oblige. Vingt-quatre heures après la tuerie de "Charlie Hebdo", la ministre s’apprête à recevoir les opérateurs de transports dans le cadre du plan Vigipirate relevé au niveau "alerte attentat". D’entrée, la ministre fait part d’une "réaction d’horreur, de profonde tristesse et, en même temps, de volonté". "Ne soyons pas dans la peur, la consternation ou tétanisés, explique-t-elle. Soyons dans la puissance de la réponse de la République et de la liberté. C’est ce que montre la façon dont le peuple français réagit et se mobilise. Il y a eu une prise de conscience, salutaire et réconfortante, que l’essentiel est en jeu. Et que cet essentiel se défend collectivement."
Notre entretien avec Ségolène Royal porte surtout sur la transition énergétique. La ministre le répète à plusieurs reprises : elle a réussi à faire voter, en première lecture, une loi que beaucoup disaient impossible. Pour y parvenir, elle a su tenir tête à Europe écologie – Les Verts qui demandait de s’engager sur la sortie du nucléaire. Elle fait preuve de pragmatisme plutôt que d’idéologie, martèle-t-elle. La ministre regrette cependant que nombre de grandes mesures de la loi de transition énergétique ne soient pas connues du grand public. Elle évoque la possibilité, pour les collectivités et les particuliers, d’autoconsommer leur production d’électricité à partir de panneaux photovoltaïques. La loi prévoit un "développement maîtrisé et sécurisé des installations destinées à consommer tout ou partie de leur production électrique".
Autre sujet qui lui tient à cœur, le déploiement de la prime de conversion (qui peut aller jusqu’à 10 000 euros) pour remplacer un véhicule diesel de plus de treize ans par un véhicule électrique ou hybride rechargeable.
L'Usine Nouvelle - Le président de la République a laissé planer un doute, lors de son interview de ce début d’année sur France Inter, à propos de la date de fermeture de la centrale nucléaire de Fessenheim. Quand fermera-t-elle ? En 2016 ?
Ségolène Royal - Si j’ai réussi à faire voter à l’Assemblée la loi de transition énergétique, c’est parce que j’ai choisi trois options. La première a été de ne pas opposer les énergies les unes aux autres et d’affirmer dès le départ, malgré les réticences de certains, que l’histoire et le savoir-faire français dans le nucléaire font partie de nos atouts… Deuxièmement, sans opposer les énergies, il faut malgré tout sortir du "tout nucléaire", car c’est notre intérêt national. La montée en puissance des énergies renouvelables doit s’accélérer et c’est une des missions d’EDF et des grands énergéticiens français. Troisième point, la loi plafonne la puissance nucléaire à 63,2 gigawatts…
Des centrales vont tout de même fermer…
Oui mais on ne ferme pas pour fermer, ce n’est pas par idéologie. On agit sur une base législative solide. C’est d’ailleurs la première fois que le Parlement a débattu du nucléaire. Avant, les décisions étaient prises dans le secret. Or, c’est un débat démocratique majeur. Le plafonnement de la puissance nucléaire signifie que, lorsque le réacteur EPR de Flamanville dans la Manche va ouvrir, deux autres devront fermer. À ce stade, c’est Fessenheim puisqu’il n’y a pas d’autres propositions sur la table.
Mais fermera-t-elle fin 2016, comme prévu ?
On fermera les réacteurs dès que l’EPR de Flamanville ouvrira [pas avant 2017 selon le dernier calendrier d’EDF, ndlr]. C’est une opération qu’il faut bien prévoir et organiser car cela ne se fait pas du jour au lendemain. Mon projet de loi définit précisément les étapes : dix-huit mois avant la mise en service de la nouvelle centrale, EDF devra s’engager à en fermer une autre pour respecter le plafonnement, puis cela sera acté par décret.
EDF prévoit un grand carénage pour prolonger la durée de vie des réacteurs du parc nucléaire français. Êtes-vous favorable à ces investissements ?
Lorsque l’on fait des investissements de cette dimension [55 milliards d’euros selon EDF, ndlr] sur le parc électronucléaire, il faut penser la totalité du modèle énergétique. Il y a la question des centrales en fin de vie. Mais il y a aussi celle de leur durée de vie. Je n’ai pas mis dans la loi sur la transition énergétique une limitation à quarante ans comme le voulaient les écologistes. Ce n’est pas une bonne façon de procéder vis-à-vis de notre industrie. À l’international, ce serait un couperet trop idéologique. Certaines centrales peuvent vivre plus longtemps. Une partie du grand carénage a été adoptée par le conseil d’administration d’EDF avec mon accord. Il faut maintenant programmer les investissements de sécurité des réacteurs existants. Mais il faut aussi programmer la construction d’une nouvelle génération de réacteurs, qui prendront la place des anciennes centrales lorsque celles-ci ne pourront plus être rénovées.
Le nucléaire garde donc un avenir en France…
L’énergie nucléaire est un atout, même si demeurent des questions sur la gestion des déchets et l’approvisionnement en uranium. Elle nous permet de réaliser la transition énergétique, car, comme je l’ai dit à l’Assemblée nationale, elle assure une sécurité énergétique. En même temps, il serait contre-productif pour EDF de lui laisser croire qu’il y a une situation acquise, qu’elle n’a pas la responsabilité d’imaginer son futur. Quand on est dans une situation de monopole, il est souvent plus difficile d’envisager des mutations… mais aucune entreprise, dans son intérêt, ne peut y échapper. Je sais que la qualité des ingénieurs, des techniciens et des ouvriers d’EDF lui permet de l’imaginer. Ma responsabilité est de pousser EDF à regarder le futur, à continuer à être performante tout en s’ouvrant à de nouveaux secteurs. Depuis Fukushima, la demande mondiale de nucléaire a baissé, même si, dans la construction d’une économie décarbonée, le nucléaire est un atout évident… Il faut penser la demande nucléaire de manière intelligente dans un contexte de mix énergétique. EDF doit se positionner dans une offre énergétique variée. Elle doit être capable de vendre à la Pologne du nucléaire mais aussi du renouvelable.
Oui, mais la France accuse beaucoup de retard en matière d’énergies renouvelables…
La France était à l’avant-garde du photovoltaïque dès les années 1970 ! À cause du choix du tout nucléaire à cette époque, il n’y a pas eu les investissements nécessaires dans ces secteurs. Nous nous sommes fait dépasser par d’autres pays. Les tenants des énergies renouvelables ont été marginalisés. Il ne faut pas reproduire cette erreur, d’autant plus que nous avons des entreprises, grandes et petites, très performantes dans ces filières d’avenir.
La technostructure et la base d’EDF restent très pro-nucléaire…
Oui… mais c’est en train de changer, car avec la transition énergétique, EDF a compris qu’elle dispose d’un énorme potentiel. C’est positif qu’elle participe et gagne des appels d’offres sur l’éolien offshore, et l’entreprise peut davantage s’engager. En faisant des partenariats, par exemple, avec GDF Suez. Est-il logique que deux grandes entreprises énergétiques françaises se fassent concurrence sur les grands appels d’offres internationaux ? L’intérêt national veut que nos grands énergéticiens mettent en commun des laboratoires de recherche. La prochaine révolution énergétique concerne le stockage de l’énergie. Il ne faut pas passer à côté. La France doit être la première à inventer ces technologies. Cela requiert de lourds investissements. Les énergéticiens ont tout intérêt à y investir collectivement.
Vous avez affirmé à plusieurs reprises que l’industrie est indispensable à la réussite du sommet Paris Climat 2015 (COP 21). Que comptez-vous mettre en place pour que les industriels s’engagent davantage ?
Les engagements des industriels sont très importants. La France joue sa carte et l’Europe aussi. Lors du sommet de New York, en septembre 2014, Barack Obama n’est intervenu que sur la question du "green business". Si les entreprises s’engagent dans la croissance verte et dans la transition énergétique, cela va générer du chiffre d’affaires et des activités supplémentaires, 100 000 emplois en trois ans. Leur mobilisation est déterminante pour que nous tirions parti de la nouvelle économie climatique. Parmi les 34 plans de la Nouvelle France industrielle, mis en place par le président de la République, onze portent sur les industries du futur de la transition énergétique. Il y a des réserves de créativité, d’innovation et de productivité dans le bâtiment, dans les énergies renouvelables, les transports propres et l’économie circulaire. Le lien entre le numérique et l’énergie est également essentiel pour la performance énergétique avec, notamment, les compteurs et les réseaux intelligents. Réconcilier l’économie et l’écologie, c’est tout l’enjeu de la croissance verte.
Comment mobiliser les grandes entreprises de l’énergie ?
Elles sont mobilisées et elles sont là à tous les grands rendez-vous. Preuve en est, cette année, le sommet de Davos porte exclusivement sur le climat. Et j’y serai…
Quelles sont vos solutions pour améliorer la qualité de l’air en ville ? L’exemple du Japon qui est sorti du diesel en dix ans vous paraît-il transposable à la France ?
Oui, c’est ce qu’a dit le Premier ministre, Manuel Valls, en clôture de la dernière conférence environnementale. D’où la prime de conversion de 10 000 euros pour changer son vieux véhicule diesel en véhicule électrique. Elle sera disponible très prochainement et nous allons déployer sept millions de points de recharge. On a les outils. On peut démultiplier les transports collectifs propres avec notamment les nouveaux modèles de tramways sans emprise au sol. Je veux accélérer le mouvement.
Faut-il un péage urbain pour les véhicules polluants ?
Le problème de la circulation doit être résolu avec un projet global. Cela ne passe pas par un péage réservant l’accès des villes aux riches et aux entreprises qui peuvent payer. Il faut prendre en compte les règles, les droits et les devoirs, le principe du pollueur-payeur, les moyens de substitution à la portée de tous. Des villes ont réussi à concilier tout cela.
Ne croyez-vous pas que les chantiers de Notre-Dame-des-Landes, du barrage de Sivens, de la ligne Lyon-Turin et du centre d’enfouissement des déchets nucléaires Cigéo de Bure (Meuse) mériteraient une autre forme de débat public ?
L’an passé, 80 % des dossiers d’aménagement et d’infrastructures n’ont fait l’objet d’aucun contentieux. Quand les choses traînent, c’est négatif pour tout le monde. C’est pourquoi, je vais moderniser les procédures et réduire les délais. Il faut que des projets alternatifs puissent être étudiés et débattus publiquement. Il faut écouter les citoyens, répondre à leurs questions dès le début, mieux les associer à l’élaboration des décisions qui les concernent et de solutions garantes de l’intérêt général. En appliquant les principes et la méthode de la démocratie participative, on est obligé d’argumenter et on agit plus efficacement.

(Usine Nouvelle) Ségolène Royal: "We need to build new nuclear power plants"

Find below a Google Translation og the article related on reuters & bbg about frecnh nuclear power...positive for EDF as mentionned earlier


Ségolène Royal: "We need to build new nuclear power plants"

MAINTENANCE Ségolène Royal, the Minister for Ecology, Sustainable Development and Energy, discusses the law of energy transition, the future of nuclear and business involvement in the fight against global warming.
January 8, Segolene Royal, the Minister for Ecology, Sustainable Development and Energy, meets "L'Usine Nouvelle". The meeting, scheduled to last an hour, will be shortened, emergency forces. Twenty-four hours after the shooting of "Charlie Hebdo", the minister is about to receive transport operators in the Vigipirate statement in "attack alert". From the outset, the Minister announced a "horror reaction of deep sadness and at the same time, will." "Do not be in fear, consternation or paralyzed, she says. Let the power of the response of the Republic and freedom. It is shown how the French people reacts and mobilizes . There was an awareness, healthy and comforting, the key is in. and that this essential defends collectively. "
Our interview with Ségolène Royal door especially on the energy transition. Minister repeat several times: it has succeeded in passing the first reading, a law that many say impossible. To achieve this, she was able to stand up to Europe Ecology - The Greens who asked to commit to phasing out nuclear power. She is pragmatic rather than ideological, she insists. Minister regrets that many large measures of energy transition law are not known to the general public. It evokes the possibility for communities and individuals, autoconsommer production of electricity from photovoltaic panels. The law provides for a "controlled development and secure facilities for consuming all or part of their electricity production."
Another subject close to his heart, the deployment of the conversion premium (of up to 10,000 euros) to replace a diesel vehicle over thirteen years by a rechargeable electric or hybrid vehicle.
L'Usine Nouvelle - President of the Republic has left some doubt during his interview earlier this year on France Inter, about the date of closure of the Fessenheim nuclear power plant. When does it close? In 2016?
Ségolène Royal - If I have managed to vote in the Assembly Energy Transition Act, it is because I have chosen three options. The first was not to oppose the energies to one another and to affirm from the start, despite some reluctance, that history and the French know-how in the nuclear part of our strengths ... Second, without opposing energies, we must still get out of "all nuclear" because it is our national interest. The rise of renewable energy must be accelerated and that is one of the EDF and the French energy major missions. Third, the law caps the nuclear capacity to 63.2 gigawatts ...
The plants will still close ...
Yes but it is not close to close, not by ideology. It is a solid legislative base. This is also the first time that Parliament has debated nuclear power. Before, decisions were made in secret. Now this is a major democratic debate. The limit on nuclear power means that when the Flamanville EPR reactor in the Channel will open two more will have to close. At this point, it is Fessenheim since there are no other proposals on the table.
But she will close the end of 2016 as planned?
We will close the reactors as soon as the Flamanville EPR open [not before 2017 according to the latest EDF schedule, note]. This is an operation that must plan and organize because it does not happen overnight. My bill clearly defines the steps: Eighteen months before the commissioning of the new plant, EDF will commit to close another to meet the cap, and then it will be officially recorded by decree.
EDF plans a major refit to prolong the life of French nuclear reactors. Do you support these investments?
When making an investment of this size [55 billion euros according to EDF, ed] on the power plants, think the whole energy model. There is the issue of end of life plants. But there is also that of their lifetime. I did not put in the law on the energy transition limitation forty years as environmentalists wanted. This is not a good way to proceed vis-à-vis our industry. Internationally, it would be too ideological ax. Some plants can live longer. Part of the refit was adopted by EDF's Board of Directors with my agreement. We must now program of existing reactors security investments. But we must also program the construction of a new generation of reactors, which will take the place of the old plants when they will no longer be updated.
So keep a nuclear future in France ...
Nuclear energy is an asset, although questions remain about waste management and supply of uranium. It allows us to achieve energy transition, because, as I said in the National Assembly, it provides energy security. At the same time, it would be against-productive for EDF to let him believe that there is an established situation, it is not responsible to imagine its future. When you are in a monopoly position, it is often more difficult to envisage changes ... but no company in its own interest, can not escape. I know the quality of engineers, technicians and workers EDF allows him to imagine. My responsibility is to push EDF to look at the future, to continue to perform well while opening up to new sectors. Since Fukushima global nuclear demand has fallen, although in building a low-carbon economy, nuclear power is an obvious asset ... Think nuclear application intelligently in a context of energy mix. EDF should come within a diverse energy supply. It must be able to sell to Poland's nuclear but also renewable.
Yes, but France is far behind in terms of renewable energies ...
France was at the forefront of photovoltaic in the 1970s! Because the choice of any nuclear at that time, there was no necessary investments in these sectors. We overtaken by other countries. Proponents of renewable energy have been marginalized. We must not repeat that mistake, especially since we have companies large and small, high-performance in these niches.
Technostructure and base EDF still very pro-nuclear ...
Yes ... but that's changing, because with the energy transition, EDF has understood that it has huge potential. It's positive that it participates and wins tenders in offshore wind, and the company can further engage. By partnerships, for example, with GDF Suez. Is it logical that two major French energy companies to compete on major international tenders? The national interest to ensure that our major energy pooling research laboratories. The next energy revolution concerns the storage of energy. We must not miss. France must be the first to invent the technology. This requires heavy investment. Energy companies have an incentive to invest collectively.
You have repeatedly said that the industry is essential to the success of the summit Climate Paris 2015 (COP 21). What do you put in place for manufacturers become more involved?
Commitments industrial are very important. France plays his card and Europe too. At the summit in New York in September 2014, Barack Obama was reached on the issue of "green business". If companies are engaged in green growth and energy transition, it will generate turnover and additional activities 100 000 jobs in three years. Their mobilization is critical that we take advantage of the new global economy. Of the 34 Plans of New France industrial, set up by the President of the Republic, eleven relate to the industries of the future of the energy transition. There are creative reserves, innovation and productivity in the building, in renewable energy, clean transport and circular economy. The link between the digital and the energy is also essential for energy performance, notably with the meters and smart grids. Reconciling economy and ecology, it is the challenge of green growth.
How to mobilize large energy companies?
They are mobilized and they are there at all major events. Proof of this is this year's Davos summit focuses exclusively on climate. And I will be ...
What are your solutions to improve the air quality in the city? The example of Japan that came out of diesel in ten years you it seems transposable to France?
Yes, that is what was said by the Prime Minister, Manuel Valls, fence last environmental conference. Hence the conversion premium of EUR 10 000 to change its old diesel vehicle electric vehicle. It will be available very soon and we will deploy seven million charging points. We have the tools. We can multiply the own public transport including the new tram models without footprint. I want to speed things up.
Is a congestion charge for polluting vehicles?
The traffic problem must be solved with a global project. This does not pass through a toll restricting access to the rich cities and businesses who can pay. Take into account the rules, rights and duties, the polluter pays, alternative means to everyone. Cities have managed to reconcile all this.
Do not you think that the yards of Notre-Dame-des-Landes, dam Sivens, the Lyon-Turin and landfill Cigéo of nuclear waste Bure (Meuse) deserve another form of public debate ?
Last year, 80% of the development and infrastructure issues have not been the subject of any litigation. When things around, it is negative for everyone. Therefore, I will modernize procedures and reduce delays. We need alternative projects can be studied and debated publicly. We must listen to citizens, answering questions from the start, to better involve the making of decisions that affect them and guarantee solutions of the general interest. By applying the principles and methodology of participatory democracy, it is necessary to argue and we act more effectively.