France Energy Pricing Trends - 17 April 2023
EDF announced a delay of several days in the maintenance of seven nuclear power plants. The natural gas market shows almost no change while the price of Brent continues to rise.
FranceEDF announced a delay of several days in the maintenance of seven nuclear power plants. The natural gas market shows almost no change while the price of Brent continues to rise.
FranceConcerns of market players regarding EDF's nuclear fleet influenced a rise in the power market last week. European gas stocks remain high for the season - the gas market has corrected. The price of Brent crude oil increased.
FranceChanges to storage fees have recently taken effect - the storage fee component is in freefall compared with the previous 12 month period, returning to levels similar to those set in 2021.
FranceFrench electricity and natural gas production remains under pressure as strikes continue - the LNG import terminal in Dunkirk is facing strikes again after resuming operations earlier this week. The price of Brent crude oil recovered last week.
FranceFrench electricity production is still under pressure with continued social mobilization. Three LNG import terminals are still on strike. Brent crude oil stabilized last week after the market fell sharply.
FranceFollowing the price spike observed after the discovery of a significant crack on a pipe used for Penly 1 nuclear reactor, prices on the futures market corrected last week. EDF announced a new maintenance strategy. Brent crude oil fell sharply.
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