Europe in trouble. More French nuclear power out for winter, and prices hit €1,000/MW

By Jo Nova

The core baseload of the European grid is in trouble, and there is no back up. If the rest of Europe had enough coal or nuclear power, this wouldn’t be so bad, but they were all too worried about heatwaves in 2100 they forgot…

Half the French Nuclear Fleet will not be back in time for winter and there is no other nation that fill the gap. | Photo by Spiritrespect.

This is bad news for Europe. Half of France’s nuclear power fleet were already out of action and EDF was hoping to bring “all of them” back online for winter. But they’ve just announced that at least four plants they planned to restart will suffer a major delay. France’s electricity prices have hit €1,000 per MWh for January delivery. (Which is a blockbuster $1,500 AUD).

France’s large nuclear fleet is normally a major exporter of electricity, referred to as the “backbone” of the whole European grid. Blackouts are not only being forecast in France, but there is growing recognition that they are now more likely in the UK too. Where else will this spread?

To make matters worse, a week ago, a pipe ruptured […]