this post was submitted on 28 Apr 2024
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[–] [email protected] -1 points 4 months ago* (last edited 4 months ago) (2 children)

Not only is Germany not exporting more power than France, but they have dropped down to fourth in the EU behand Spain and Sweden as well. https://www.bloomberg.com/news/articles/2023-08-07/france-is-europe-s-top-power-exporter-as-germany-turns-importer

Yes France imports cheep renewable energy from Germany when they have a glut of it they cant use, but that just means they sell on their nuclear power at a profit to places like Italy and the UK, and then when Germany doesnt have excess renewable production they sell to them at a profit too.

[–] [email protected] 3 points 4 months ago

Spain is already phasing out nuclear energy currently and Sweden wants to do it after sufficient renewables are built. Among many other states.

Nuclear is just not profitable compared to renewables. France is exporting at a loss if one would consider all associated costs (privatization of profits and socialization of losses is creating bad incentives).

[–] [email protected] 1 points 4 months ago

Why is the EDF in so much debt if they can produce so mich cheap energy?