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October 5, 2022
We’re taking a look at the energy crisis across Europe and Germany, in particular, this winter. Gas prices are soaring, the European gas supply is under pressure when Russia is more or less cutting the gas delivery to Europe. The government in Germany has opened up to bringing back 5.9 GW of mothballed coal units in order to save gas as the country is struggling with its gas supply this winter. In addition, the power balance is worsened by the nuclear closures (4.1 GW) and some coal-fired plants seem to close down according to the coal exit plans despite the initiative from the government to re-start mothballed capacity.Read story
September 6, 2022
The reservoir levels in Southern Norway are very low as we know. Politicians in Norway meanwhile, against the backdrop of exceptionally high power prices, are discussing the possibility of cutting all foreign power interconnectors to secure the power supply and avoid rationing.Read story
August 22, 2022
French nuclear production is expected to reach its lowest production level since 1991 this year. This is mainly because of extended technical inspections and a large number of outages, but reduced production during the heat waves this summer has also played a part. By the end of August, we see that 25 out of 56 French nuclear plants are out of operation, resulting in a production output of 26 GWh/h – which is about 10 GWh/h lower than for the same month last year. EDF has announced production targets of 280-300 TWh for 2022, and 300-330 TWh for 2023. Based on these targets, EQ has studied the power balance outlook for 2022/23 and the nuclear production estimates for the winter.Read story