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Lower output from France’s nuclear power stations is causing electricity prices to soar.

The low availability of nuclear plants in France is causing power prices
to soar, crushing the competitiveness of the nation’s companies,
according to the Uniden trade group that represents energy-intensive

Electricite de France SA this week announced new or extended
outages at four of the nation’s 56 nuclear reactors during winter, when
demand peaks. Available nuclear capacity in France is already below average
for the time of year, and the halts — combined with record natural gas and
carbon prices — have pushed power costs to fresh records, with a widening
premium over those in neighboring Germany.

 Bloomberg 17th Dec 2021

December 20, 2021 - Posted by | Uncategorized

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