European Electricity Prices Soar as France Cuts Nuclear Forecast
- Reactor outages have forced France to import power at times
- Morgan Stanley sees ‘meaningful likelihood’ of 2023 output cut
The EDF Penly nuclear power plant in France.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
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European electricity prices jumped after the region’s biggest power producer cut its nuclear output target for a second time in a month, the latest sign that this winter’s energy crisis is far from over.