EDF have been in debt for a very long time, they’ve been bought back by the state to restart a new plant generation. Disponibility has been worse and it was uncertain as the new maintenance issue was inspected everywhere. Now the global analysis is done and the maintenance has been aligned with the prediction for months, which calmed the market. Electricity price increase is multi-factorial: post COVID restart, war in Ukraine and new nuclear maintenance issue. It’s still under the effect of all of that and it will take a couple more years to come back to the previous situation, though still higher prices due to normal inflation and progressive carbon pricing.
If you’re worried about price variations, more renewable will make that worse. There are big variations of daily prices on the European market depending on wind in the North for example. Although thanks to the connected system, we can benefit from the right conditions from multiple parts of the continent.
100% right.
It doesn’t make any sense without reprocessing though, have to do both. Fortunately France and Finland have active programs.
The US needs to both learn how to do reprocessing again and build more plants.
The US has such a huge stockpile of used fuel, our reprocessing would be so deeply effective.
France program is still on a crisis due to maintenance and drought
https://en.wikipedia.org/wiki/Nuclear_power_in_France#Crisis_since_late_2021
The maintenance crisis is under control, it will not be worse than past year.
Under control ? EDF Debt is around 100 billions, disponibility is around 58% and electricity price took +25% since two years…
EDF have been in debt for a very long time, they’ve been bought back by the state to restart a new plant generation. Disponibility has been worse and it was uncertain as the new maintenance issue was inspected everywhere. Now the global analysis is done and the maintenance has been aligned with the prediction for months, which calmed the market. Electricity price increase is multi-factorial: post COVID restart, war in Ukraine and new nuclear maintenance issue. It’s still under the effect of all of that and it will take a couple more years to come back to the previous situation, though still higher prices due to normal inflation and progressive carbon pricing.
If you’re worried about price variations, more renewable will make that worse. There are big variations of daily prices on the European market depending on wind in the North for example. Although thanks to the connected system, we can benefit from the right conditions from multiple parts of the continent.
And China
It seems Finland looked at EU and USSR and said “I want that, but better”.
Alsu Russia has its own reprocessing for a long time, but yeah, not until Putin dies.