French power prices for next winter soaring – Bloomberg ...News

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French power prices for next winter soaring – Bloomberg
Aging nuclear power stations have weakened the country's electricity output Electricity prices in France for next winter are already twice as high as Germany's as the country struggles to restart its aging atomic stations, Bloomberg reported on Wednesday. France generates roughly 70% of its electricity from a nuclear fleet of 56 reactors, all operated by state-owned utility EDF. Most of them faced recurring corrosion issues and were either shut down or undergoing maintenance, causing a sharp drop in power generation. Reduced nuclear power output has led to a dramatic increase in the cost of electricity driving Fre

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