nuclear-news

European nuclear Power Purchase Agreements (PPAs) may be unworkable – analysts

CAROLINE PAILLIEZ, Paris, France, SOPHIE TETREL, Paris, 18 Dec 2023

(Montel) Plans by France’s EDF to sell rights to its nuclear capacity to industrials across Europe via long-term power purchase agreements (PPA) while attractive may be unworkable, French analysts warned.

“If nuclear power is offered tomorrow in France at EUR 70/MWh, the whole of Europe will be interested,” said Peter Claes, head of Belgium’s Febeliec industry lobby, in light of a year of record high energy prices.

Yet the analysts, and even EDF itself, have warned that, in practice, the contracts were complex and potentially costly.

The PPAs were open to any big European power consumers wanting to…………………………..(Subscribers only) more https://www.montelnews.com/news/1533543/european-nuclear-ppas-may-be-unworkable–analysts

December 20, 2023 - Posted by Christina Macpherson | business and costs, France