SPAIN – Spot finds support amid French nuclear outages

Spanish spot power prices are set to remain strong this week as nuclear outages in France continue to underpin power markets. Baseload power for Monday and Tuesday settled at EUR 66.56/MWh and EUR 67.67/MWh, respectively, compared to last week’s average of EUR 65.25/MWh. Spanish day-ahead prices could average EUR 65.71/MWh this week, according to Energy Quantified …

France’s Nuclear Future in Play

Ecology minister’s sudden resignation puts spotlight on controversial power source. France produces almost three-quarters of its electricity from nuclear power. That didn’t sit well with Ecology Minister Nicolas Hulot, who abruptly quit his post after he “failed to convince” the government in questioning the use of atomic energy. President Emmanuel Macron, aiming to boost renewables as he prepares an energy-policy …

KHNP Accelerates Bid to Export Nuclear Power Abroad On Its Own

Under stewardship of President Chung Jae-hoon, who took office in April, Korea Hydro & Nuclear Power (KHNP) is accelerating efforts to export nuclear power plants abroad on its own. KHNP, the nation’s sole nuclear power operator, met with President Cosmin Ghita of the state-owned energy producer Nuclearelectrica of Romania in Gyeongju in early July to …