The prolonged judgment of four reactors feeds the flaming of electricity prices, which reached 900 euros per megawatt hour, for delivery next year, against less than 100 euros a year ago.
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As the start of the school year is approaching, the tension still rises from a notch in France on the supply of electricity supply. While he has thirty-two of his nuclear reactors out of fifty-six at a stop, EDF said Thursday, August 25, that four of them, affected by problems of constraint, small cracks, will see their non-prolonged non-functioning this fall. This extension is linked to “a better estimate” of the time necessary to conduct investigations and repair work, justified the energetician, while these problems have stopped twelve reactors, the others being for questions of Maintenance.
In more detail, and according to the new forecast calendar published by EDF, reactors 1 and 4 of the Cattenom power station, in Moselle, will be reconnected to the electrical network respectively the 1
Despite this new hazard, EDF wanted to maintain its nuclear production forecast for 2022 between 280 and 300 terawattheures (TWh), even if, finally, as a spokesman recognized on Thursday, August 25, the Production should more “probably” reach the bottom of this fork. In mid-May, already, EDF had already had to revise his estimate of annual nuclear production.
While the war in Ukraine is raging and Vladimir Putin threatens to close the tap of gas deliveries, this delay can only help feed a grip of wholesale prices of electricity already unprecedented in France. For months, prices have been soaring, breaking absolute records. Thursday, August 25, they reached 900 euros per megawatt hour, for delivery next year, against less than 100 euros a year ago, and less than 50 euros on average in previous years. Passed by curves, an asset manager of an American fund commented in these terms on Friday, August 26, in a tweet, the impact of EDF’s announcement: “For 2023, prices would be negotiated at 900 euros The MWh with winter prices greater than 1,500 euros (30 times the average price over five years) “, he was alarmed.
During a press briefing, Thursday, August 25, the Ministry of Energy Transition, for its part, judged that load shedding (or power cuts) would be “only a solution of last resort”. Nevertheless, individuals and small businesses in France will already be encouraged to moderate their electricity consumption during peaks of demand related to the cold, in exchange for advantageous rates the rest of the year, added the firm ‘Agnès Pannier-Runacher. To this end, the executive wants to revive and expand an offer similar to what generations of French customers of EDF have known under the name of “tempo”, which encourages heating on certain days during winter tips.
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