Fuel crunch: A technician handles a truck with radioactive waste in France. About a third of the country’s nuclear capacity will be halted at the start of January, pushing prices up everywhere as it normally exports power at peak times. — AP
LONDON: Everyone may be back to watching the daily number of coronavirus cases as the Omicron variant spreads through Europe, but the energy market is focusing on a more traditional gauge of worry: the temperature.
Prices soared to new records this week because of the impact of unexpected nuclear outages in France and worryingly low stockpiles across the continent.
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
