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After the oil shocks, the electric shock

2021-12-22T19:12:54.032Z


DECRYPTION - If the French prices explode at this point, it is because of the problems of availability of the French nuclear park.


In recent weeks, France has been at the top of the ranking of the craziest prices on wholesale electricity markets.

In recent days, the gap between France and its neighbors has become yawning.

The price of megawatt-hour (1,000 kilowatt-hours) during peak periods (8 a.m. to 8 p.m.) on delivery in January exceeds 1,300 euros in France, almost four times more expensive than in Germany.

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Nuclear: "To hell with the candles"

If the French prices explode at this point, it is because of the problems of availability of the French nuclear park.

We knew for a few months that winter would be tight on the electricity network.

But EDF announced last week that it was shutting down its four most powerful nuclear reactors, the “N4”

,

without delay

because of a suspicion of a generic fault.

“Until last week, the French market reacted to the price of gas and the CO2 quota, as in neighboring countries,”

explains Alexis Gléron, president of the consultancy firm Augmented Energy.

But since Thursday and the announcement of ...

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Source: lefigaro

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