France has released only a fraction of its nuclear output, and the state-owned giant EDF has announced that three more plants will reduce output as temperatures rise. The water used to cool the reactors became so hot that it cooled the parts.
Recently, France has overtaken Sweden, which has become Europe’s biggest energy exporter, according to Reuters.
High prices for everyone
As a result of the closure of the reactors, energy prices rose significantly on the French stock exchange.
Also, because of the problems in the north of Italy, which depends on the export of French energy, is also suffering now.
And because France has to pay consumer bills, the cost of energy EDF buys to fill the production gap is estimated at € 24 billion this year.
According to the cited site, France is paying “to maintain the myth of cheap nuclear power and to protect French pride.”
“Europe’s problem child”
Energy analysts at Renew Economy say France’s nuclear crisis is now a bigger threat to energy supplies than Russian gas.
“Europe’s biggest energy problem is really France,” said Bruno Burger, a researcher in the field at Fraunhofer ISE, an institute for solar systems.
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Burger says that France’s large energy deficit will cause problems for Europe in the long term, because France’s low production leads to shortages in the European energy market and high prices for all countries.
Germany uses natural gas to heat many homes, so winter shortages are feared as Russia cuts supplies.
France is going nuclear
But houses in France are heated with electricity, leading to the risk of shortages in the coming winter.
“Because of the many problems with its nuclear fleet, France depends on other countries more than ever and cannot provide for other states as it did in Italy in the past,” according to Burger.
EDF said the repair and maintenance program is ongoing.
Exemption for another 15 years
The German-French Agency for Energy Exchange estimates that France’s energy deficit will last for another 10-15 years, which means that increasing energy and renewable energy will be beneficial for French consumers, such as piles according to the Clean Energy Wire press release.
The cost of electricity for the year 2023 in the French market recently exceeded 600 euros / MWh, the highest in Europe.
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What is the situation in Germany?
In Germany, nuclear production fell from 11 percent to 6 percent year-on-year, but the decline was offset by increased deployment of renewables, the site said.
Germany’s last three nuclear power plants will be shut down at the end of this year, but there is pressure to extend their lives.
Due to the decrease in gas from Russia, Germany is urging consumers to conserve energy. At the same time, he increased the production of coal.
The authorities said that gas can be supplied in the winter.
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