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I think that they are importing much more gas, and that's been very painful, economically, because it was expected to come from Russia... but it hasn't (directl
by sgt101 2y ago
I think that they are importing much more gas, and that's been very painful, economically, because it was expected to come from Russia... but it hasn't (directly).
I also think that there has been an increase in wind and solar - but Germany isn't in the greatest place for either of these geographically.
The French people are getting a bad deal, having subsidized their nuclear fleet for fifty years it's now being heavily used to provide high cost export electricity to Germany and the UK, meaning that the French grid price is also high despite their probity and sense in building out nuclear.
- JanSt 2y agoFrance hasn't payed subsidies since 1981. EDF has payed a dividend nearly each year since then. EDF made $11bn profit last year and $10bn the year before. France energy prices have been reduced this year. Germany pays much higher prices.
- Y_Y 2y agoAre you talking about wholesale or retail? It seems that France and Germany pay similar wholesale rates: https://www.statista.com/statistics/1267500/eu-monthly-wholesale-electricity-price-country/ https://www.statista.com/statistics/1267500/eu-monthly-whole...