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France Warns It May Have To Ration Energy Suplies This Winter

France has warned companies they may have to ration energy this winter. Pictured: A cooling tower is seen at one of France's nuclear power plants. France generates some 70 percent of its electricity from a fleet of 56 nuclear reactors, 32 are currently offline either for routine maintenance or to evaluate corrosion risks 

Daily Mail: France warns it may have to RATION energy this winter 

* Prime Minister Elisabeth Borne urged French businesses to reduce consumption 

* She said the government was already drawing up contingency plans 

* One such plan included a 'quota trading system' to allow companies to buy and sell power quotas. Government is also preparing support measures 

* Gas prices have surged in Europe as Russia squeezes its supply over Ukraine war 

* France is more sheltered, thanks to a fleet of 56 nuclear reactors. 32 are offline 

France has warned companies they may have to ration energy this winter as Russia continues to squeeze its supply to Europe, causing record-high prices. 

France's Prime Minister Elisabeth Borne on Monday company urged bosses to take steps to reduce their energy consumption.

'If we act collectively then we can overcome the risk of shortages, but unless everyone takes part and if all the bad-case scenarios come together then we could be forced to impose reductions on consumers,' she told the Medef business group.  

Read more ....  

Update #1: French PM says companies may face energy ‘rationing’ this winter (France 24)  

Update #2: French PM tells firms to draft energy savings plans to avoid rationing (Reuters)  

WNU Editor: More signs that this winter is going to be a rough time for much of Europe.



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