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France's Power Prices Jump 22% as Heatwave Trims Nuclear Output

The new heatwave in France is curbing nuclear power generation in Europe's biggest nuclear electricity supplier and leading to spiking day-ahead power prices.

  • France's day-ahead power prices surge 22% to $164.39/MWh
  • Nuclear generation expected to drop 12% due to heatwave
  • Low river water levels and high temperatures impact nuclear cooling

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