High energy prices are driving inflation and fueling the prospect of a recession in Europe.Įven precious natural gas, which Germany is trying to conserve for the winter heating season in case Russia cuts of supplies entirely, is being burned in large volumes to produce electricity for export to France.
Both natural gas and electricity prices have hit record highs, with power costs ballooning as Russia reduces gas flows to Germany and other countries and renewables and nuclear contributing less to the power mix lately, analysts at Rystad Energy said. It’s another sign of the energy crisis gripping Europe. That’s the way the electricity market is in Europe.” Other good podcasts for beginners include Coffee Break German, German Pod. “That’s why we, as well as the Italians and others, are all basically exporting to France. Podcasts are the perfect way to improve your German skills in a fun and. “Only half of France’s nuclear power plants are operating,” said Patrick Graichen, Germany’s deputy economy and energy minister. Problems at French nuclear plants have driven up electricity prices there in recent months, prompting power companies in neighboring countries to sell excess energy to France. BERLIN (AP) - Germany will keep exporting electricity to neighboring France despite calling on people to help fend off winter shortages by saving energy at home, officials said Wednesday.
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