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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.
ELECTRICITY
French nuclear output is forecast to average 50GW over this winter, up by 23% from last year, despite recent outage extensions according to BNEF.
- BNEF revised down French nuclear output for December by 7% to previous forecasts to 45GW, following the unplanned extensions to maintenance.
- Actual nuclear availability fell to 59% at the start of December, down from EdF’s initial outlook of 78% of availability for the period due to unplanned outage extensions.
- The 1.31GW Nogent 2 unplanned outage has been extended until 30 December, from 26 November previously scheduled, EdF remit data showed.
- France currently has 41 out of 56 units available as of 4 December, RTE data showed.
- EdF’s nuclear output target for 2023 is set at 300-330TWh and at 315-345TWh in 2024.
- EdF’s CEO Luc Remont said late November France is heading into winter with confidence in terms of power supply, as nuclear availability improved from last winter, while consumers must continue to save energy.
- The new
Flamanville 3 reactor is currently undergoing last testing and is fuel loading
is scheduled to begin in 1Q 2024. The reactor is scheduled to be connected to
the grid in mid-2024.
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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