Tuesday, October 25, 2022

France Now Facing It's Worst Energy Crisis Since The 1970s

Mish Talk: 26 of France’s 56 Nuclear Reactors are Offline for Pipe Corrosion or Maintenance 

Gear up for a cold Winter in France. 

The protests have started already. Pipe corrosion, maintenance, and labor unrest have nearly half of French nuclear reactors offline. 

The result is France's Worst Energy Crisis Since the 1970s.  

Twenty-six of France’s 56 nuclear reactors are offline for maintenance or because of corrosion on piping that cools the reactor cores. Fixing the corrosion is taking longer than expected at several reactors, delaying their restart by as much as six weeks, according to regulatory filings and a French nuclear executive familiar with the matter. Labor unrest is another obstacle. 

Strikes at 18 reactors owned by EDF SA, France’s state-controlled power giant, have delayed their restart by several weeks, threatening the government’s plans to have all of them back online by the end of the winter. EDF and union leaders said they reached an agreement Friday on salary increases, ending the strikes.  

Read more ....  

WNU Editor: These nuclear reactor problems were predicted .... France’s nuclear energy strategy — once its pride and joy — faces big problems this winter (CNBC).

1 comment:

Anonymous said...

Got to take care of these investments, oh wait! Sorry we can’t because we need to protect the planet!?