EDF Power Output Hit by Strike Over Annual Pay Talks
- Spot electricity price reaches six-week high in France
- Strike started Wednesday, will last until Friday evening
The Electricite de France SA headquarters in Paris, France.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
French spot power prices reached a six-week high on Thursday as output was curbed by an Electricite de France SA strike over pay.
The labor action curbed hydropower production by 150 megawatts on Thursday morning, and output was also lowered at the Belleville 2 nuclear reactor, according to EDF regulatory notices. Those both eased later in the morning.