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EDF nuclear problems increase risk of winter energy shortages

EDF nuclear problems increase risk of winter energy shortages. French
energy prices surge as EDF scales back electricity output predictions
again. The risk of energy shortages in Britain and across the Channel this
winter is growing as French state energy giant EDF faces fresh problems
with its nuclear power stations.

French power prices for January have
surged above €1,000 (£870) per megawatt hour after EDF scaled back
predictions for its nuclear electricity output for the fourth time this
year. Markets were also rattled further on Tuesday as the company warned it
was “too early to say” whether the Civaux 1 reactor would return to
service on schedule following a radiation leak.

Experts said the
developments risked further squeezing the amount of power available in
January and February, the coldest months of the year when demand is usually
highest. That could spell trouble for France and Britain, which hope to
rely on each other for electricity supplies this winter.

Telegraph 8th Nov 2022

https://www.telegraph.co.uk/business/2022/11/08/edf-nuclear-problems-increase-risk-winter-energy-shortages/

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November 9, 2022 - Posted by | ENERGY, France

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