French Power Prices Gain as EDF Delays Nuclear Reactor Starts
- Two French reactors delayed just as winter demand set to peak
- Cordemais coal-fired plant halted as workers go on strike
The Blayais nuclear power plant near Blaye, France.
Photographer: Georges Gobet/AFP/Getty Images
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French power prices advanced after the start of two nuclear reactors were pushed back, denting the nation’s ramp up in capacity at a time they are most needed.
French power for next month gained the most in two weeks, rising as much as 3.9%. An oncoming cold snap in western Europe and rising natural gas prices also provided bullish sentiment for electricity traders across the region.