Several causes are at the origin of the sharp increase in courses, starting with the drying up of Russian gas flows to Europe and the stop of many French nuclear reactors, managed by EDF.
Le Monde with AFP
In a crazy week for energy lessons in Europe, wholesale prices for electricity for 2023 in Germany and France broke records on Friday August 26 at 850 euros and more than 1,000 respectively and more than 1,000 euros the megawatt hour (mwh).
A year ago, prices were, for these two countries, by around 85 euros per megawatt hour. Several causes are at the origin of the sharp increase in courses, starting with the drying up of Russian gas flows to Europe since the start of the war in Ukraine (number of thermal power plants use gas to generate electricity ) and the stop of many French nuclear reactors of EDF.
In France, only twenty-four of the fifty-six EDF nuclear reactors are currently operating, in particular due to a corrosion problem, which reduces French electricity production, which is at a historically low level, and Mechanically increase prices. For December specifically, the megawatt hour of electricity is already exchanged at more than 1,600 euros, an extraordinary level.
The European Union and the Member States are putting in place energy and sobriety savings plans, knowing that when winter approaches the risk of shortages and power cuts Increase.