Categories
Europe

French power prices jump to fresh record

[ad_1]

The cost of French power has jumped to a record-breaking €900 per megawatt-hour, over 10 times the price at this time last year. The surge is driven by outages in the country’s nuclear fleet, amid tighter hydropower supplies due to record drought and uncertainty, as Russian gas supply is set to drop from 31 August when Russia shut downs the Nord Stream pipeline to Germany for three days of maintenance.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives.
14-day free trial.

… or subscribe as a group

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *