French Month-Ahead Power Prices Jump 11.7% as Heat Threatens Nuclear Output

1 articles · Updated · Bloomberg · May 26

Month-ahead French power prices surged as much as 11.7%, hitting their highest level since late March.
Scorching summer temperatures drove the move by raising fears that France may have to curb nuclear generation and face lower hydro availability.
The jump underscores how weather risk is again tightening France's power outlook, even before peak summer demand arrives.

As heat cripples French nuclear and drought drains Norwegian hydro, is Europe's power grid on the brink of a summer collapse?

France bet its future on nuclear power. Can this energy source survive the very climate change it was meant to fight?