Traders question French nuclear availability forecasts for 2017

European power traders have no confidence that French nuclear availability will be close to RTE’s current outlook in the second half of 2017, given the potential for more probes into the French nuclear fleet to take capacity offline.

Forecasts are more likely to be accurate through the second quarter of 2017 according to French and German market sources, who also do not believe that availability will drop as low as it did in 2016.

French nuclear power availability was a key driver behind European power and gas prices spiking to record levels in 2016, and is likely to again influence energy prices in 2017.

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