Energy balance in 2022: the crisis in nuclear power generation came at the worst possible time

Against a backdrop of sharply rising oil and gas prices, France’s energy balance deteriorated by EUR 68 billion. With a structural surplus of electricity, France could have benefited from a positive shock for this part of its energy supply, but, according to our estimate, the unavailability of part of its nuclear power fleet added EUR 16 billion to the energy […]

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