FRANCE DELAYS THE CLOSURE OF ITS NUCLEAR REACTORS DUE TO CORROSION IN THE FACE OF RISING ENERGY COSTS.
On Thursday EDF a French power company stated that due to corrosion issues four nuclear reactors shutdown will be prolonged for many more weeks, which may cause price pressure as winters are near.
According to the survey a fleet of 56 reactors can produce across 70% of the electricity required for whole country. However out of 56-36 will be not used now either due to corrosion hazards or for routine maintenance.
After EDF reported the stress corrosion, Eight identical reactors had to be shut down, Microscopic cracks, was discovered at four locations close to welds on pipes of cooling circuits that are essential in the event of shutdowns or accidents.
By next year In between November 1st to January 23 scheduled four reactors will be producing back.
According to EDF it states that if power production output is not sufficient to meet France demand then they will import power from other European countries. Prices are increasing due to Russia’s restriction on natural gas exports which is the major source for electricity.
The government now aims to entirely nationalize the massively indebted state-controlled firm as it works to relaunch France's nuclear industry, adding to its financial troubles as a result of the emergency work.
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