There may be no end in sight for the European power crunch this year, even after the winter season ends. Low nuclear power generation in France, a major producer and exporter of nuclear-powered electricity in Europe, could send power prices on the continent higher in the spring. France gets more than 70 percent of its total electricity from nuclear power generation and is a major exporter of electricity, including to the UK. France’s EDF stopped two nuclear power plants at the end of last year after finding a fault at one during routine maintenance. This brought the total number of nuclear plants out of operation in December to four, which accounted for 13 percent of the current power availability in France. Last week, EDF revised down both its 2022 and 2023 nuclear output estimates. As part of its control program on the French nuclear fleet, EDF revised its 2022 […]