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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ENERGY
Nuclear generation fell by 118TWh in 2022, to a total of 579TWh. France was responsible for 69% of the decline (-82TWh) as the country battled maintenance delays and corrosion issues at a number of reactors. Germany accounted for 27% of the fall (-32TWh).
- Southern Europe also faced significant hydropower problems in 2022, with Italy, Spain and France all reporting below average hydro reservoir levels for the majority of the year.
- The decrease in hydropower alone (-64TWh) more than outweighed the increase reported for solar and wind in 2022 (+59TWh).
- A total of 436TWh of gas generation was produced, representing a 4TWh increase vs. 2021 despite soaring costs because of a lack of alternatives.
- Coal (+10TWh) and lignite (+15TWh) partially helped to fill the shortfall, with generation from both sources reaching their highest annual values since 2018.
- EU demand fell by around 4% year on year due to a mixture of weather and cost factors.
source: ICIS
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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