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Exchange electricity prices in France go through the roof

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Re: Exchange electricity prices in France go through the roof

#2
weather demand related, is one comment.

im interestes to hear more about the French Republic paying some.of the cost. do consumers just see a reduced rate on their bills, or is it clear that the state paid some of their bill? is thhe state blanketly paying out the same amount per use for everyone & every company, subsidizing by use, or are there limits or preconditions that apply?

Re: Exchange electricity prices in France go through the roof

#6

What would Germany’s energy prices be if they’d transitioned away from cheap Russian natgas starting back in 2014? What will they be if Russia shuts down exports tomorrow? France is in a much better position.

Obviously not? Just because France doesn't buy natural gas themselves, they import so much electricity based on natural gas from its neighbors. So they are defacto dependent on natural gas as they can't supply electricity enough with nuclear and are thus in such much much worse energy political situation as prices will continue to surge.

Re: Exchange electricity prices in France go through the roof

#7
post #3

nuclear vs wind energy maybe. just look at it. which do you think is 30x cheaper? the more interesting question is why the oil and water-energy exporter Norway got so much more expensive domestic energy prizes since it joined the European energy market.

I know it is tiring to see this comment. But, the cost of nuclear power quoted everywhere does NOT include the cost of safely handling the waste from it for hundreds of years right? Until it is included it is like Saudi Arabia claiming that oil is the best thing in the world because it costs €1/barrel because they only need to factor the cost of digging for it.

Re: Exchange electricity prices in France go through the roof

#8
post #3

nuclear vs wind energy maybe. just look at it. which do you think is 30x cheaper? the more interesting question is why the oil and water-energy exporter Norway got so much more expensive domestic energy prizes since it joined the European energy market.

I know it is tiring to see this comment. But, the cost of nuclear power quoted everywhere does NOT include the cost of safely handling the waste from it for hundreds of years right? Until it is included it is like Saudi Arabia claiming that oil is the best thing in the world because it costs €1/barrel because they only need to factor the cost of digging for it.

Nuclear power strike prices usually do include much of the long term costs, and money has to be committed into a trust (or some similar scheme) as part of getting approval in the first place.

And it would be more like Saudi Arabia claiming that oil only costs $100 per barrel because they don't need to pay for pollution remediation, healthcare costs, spill cleanup and their share of all climate change effects from the time they sold the oil until the time that oil's effects have been removed from the system. Which they don't.

Re: Exchange electricity prices in France go through the roof

#9
About 1/2 of nuclear power plants in France are down because of maintenance and/or repairs[1][2]:

> France's nuclear fleet has been hit by unprecedented outages this winter with half of its 56 reactors currently unavailable.

This is happening in a country where most people use electric heating[3] while the temperatures dropped a bit recently (minimal temperatures are mostly below zero centigrade, while max. doesn't go over 10 C)[4]. Moreover the ongoing Russian war doesn't exactly help here.

[1] https://www.reuters.com/markets/europe/edf-extend-civaux-nuc... [2] https://www.spglobal.com/commodity-insights/en/market-insigh... [3] https://www.statista.com/statistics/1086485/types-heater-hou... [4] https://www.weatheronline.co.uk/weather/maps/forecastmaps?LA...

Re: Exchange electricity prices in France go through the roof

#10
post #4

France (One year graph): https://www.epexspot.com/en/market-data?market_area=FR&tradi... Germany (One year graph): https://www.epexspot.com/en/market-data?market_area=DE-LU&tr... Now for some extra fun, overlay this with graphs over CO2 emissions.

> Now for some extra fun, overlay this with graphs over CO2 emissions.

Some other fun: Overlay this with a graph of nuclear waste production.

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