12/23 Closing Prices / revised 12/24/2024 07:33 GMT |  12/19 OPEC Basket  $72.88 –$0.45 cents 12/23 Mexico Basket (MME)  $64.51 –$0.18 cents   11/30 Venezuela Basket (Merey)  $59.58   +$1.28 cents  12/23 NYMEX Light Sweet Crude  $69.24-$0.22 cents | 12/23 ICE Brent $72.33 -$0.21 cents 12/23 Gasoline RBOB NYC Harbor  $1.9383 –0.0033 cents | 12/23 Heating oil NY Harbor  $2.263 -0.0054 cents | 12/23 NYMEX Natural Gas  $3.636 -0.092 cents | 12/20 Active U.S. Rig Count (Oil & Gas) 589 = 0| 12/24 USD/MXN Mexican Peso  $20.1799 (data live) 12/24 EUR/USD Dollar  $1.0397 (data live) | 12/26 US/Bs. (Bolivar)  $51.64000000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

France’s Need to Burn Gas Pushed Power Emissions to Five-Year High – Bloomberg

France’s Need to Burn Gas Pushed Power Emissions to Five-Year High
(Bloomberg)

Francois de Beaupuy, Bloomberg News

PARIS
EnergiesNet.com 02 17 2023

France’s greenhouse gas emissions from its power sector jumped to a five-year high in 2022 as nuclear outages forced it to use more gas to keep the lights during the energy crisis.

Emissions from generating electricity rose 16% to 25 million tons of carbon dioxide equivalent, grid operator Reseau de Transport d’Electricite said in a report on Thursday. The increase shows how the country’s green goals have faced short-term threats from nuclear maintenance and repairs.

“Emissions of greenhouse gases in electricity production rose, albeit in a reasonable fashion,” RTE President Xavier Piechaczyk said at a press conference. France ranked third on that measure in Europe, behind Sweden and Finland, he said.

France’s atomic output plunged to the lowest since 1988, turning the country into a net importer of power for the first time in four decades and exacerbating Europe’s energy crunch. Costs of electricity, gas and carbon permits soared across the continent last summer, but have eased in recent months amid a mild winter and as Electricite de France SA made some progress on reactor repairs.

Cracking Under Pressure: The Race to Fix France’s Nuclear Plants

“We’re more optimistic for the winter 2023-24 than for winter 2022-23” as regards France’s power output, said Thomas Veyrenc, executive director in charge of strategy at RTE. “Even if nuclear output will remain low, it shouldn’t as low as in 2022.” 

France’s gas-fired power generation climbed 34% last year, while solar and wind power production also rose as the country commissioned a record amount of new renewable capacity.

Still, total electricity production slumped 15% to a 30-year low, with nuclear output dropping by almost a quarter. Hydropower generation slipped 19% to the lowest since 1976 because of heat waves and drought. 

Adjusted for weather effects and working days, power consumption fell 1.7% as high prices and conservation efforts curbed demand. 

(Updates with chart on emissions and comment in fifth paragraph. An earlier version corrected the percentage of hydropower in the pie chart)

EnergiesNet.com 02 16 2023

Share this news


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

 

Energy - Environment

No posts found!

Point of View

EIA Total Energy Review
This Week in Petroleum