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Prolonged outages of France’s nuclear reactors.

French power prices advanced after the start of two nuclear reactors were
pushed back, denting the nation’s ramp up in capacity at a time they are
most needed. French power for next month gained the most in two weeks,
rising as much as 3.9%. An oncoming cold snap in western Europe and rising
natural gas prices also provided bullish sentiment for electricity traders
across the region.

The prolonged outages will set back the recovery of the
nation’s nuclear capacity, which is the backbone of Europe’s integrated
power system. Availability at EDF’s nuclear fleet has increased in recent
weeks and is near the highest level in a year. The Chooz-1 unit is now due
to start on Feb 28, a month later than planned, while Blayais-1 was delayed
by 10 days to Feb. 11, according to data submitted to the grid.

Bloomberg 13th Jan 2023


January 17, 2023 - Posted by | ENERGY, France

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