The French? You’re joking, right? Your nuclear plants are most of the time turned off because they aren’t working properly which destabilizes the entire European grid because you need to import so much electricity from your neighbours.
The only reason why your electricity is still so cheap is because your nuclear plants are so heavily subsidised by the state and the exploding energy prices in the recent past have also been capped by the state fearing the right wing uprise. (Happening nevertheless) An action which ripped deep holes in the government’s funding which is the cause why economists are nowadays more afraid of France’s instable economy and government debt than even Greece’s.
So yeah, your electricity is cheap because you basically f*cked yourself
The above comment have been deleted so I cannot judge what was said
But, as a french person myself, I can assure you that the state of Nuclear Energy in France is a very complicated topic and you do yourself a disservice talking about it in this fashion
Furthermore, what you state is plainly wrong:
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France export more than import energy
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Nuclear Power plant goes down first on the network because there are more “pilotable” meaning you can start it or reduce their output more easily than others sources of electrical power
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the caping of electricity price is a leftist policy, the right has nothing to do with it and in fact, this is an another very complicated topic that needs to be researched before discussing
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France economy is instable right now yes, but pinning this on government debt is surely a drastic oversimplification of the problem and is more telling of your view of my Country than the effective state of our economy
The above comment have been deleted so I cannot judge what was said
Are you sure? I can still read it? It downplayed the top level comment and said the French have the cheapest electricity because of ‘cheap’ nuclear power production.
Furthermore, what you state is plainly wrong:
- France export more than import energy
No I am not. I stated that the need for importing energy is dangerously high when the nuclear plants are offline. The averaged annual export / import balance is a different number. Comparing both doesn’t make sense. Additional France WAS a net exporter. 2022 it was importing more than exporting. Here is a source:
Nuclear Power plant goes down first on the network because there are more “pilotable” meaning you can start it or reduce their output more easily than others sources of electrical power
Well, I think, gas goes down first. But anyway this is unrelated to my comment. I was talking about shutdowns due to technical issues and repairments. The larger one 2022 is also the reason why the ex/import balance shifted. Just as I claimed.
the caping of electricity price is a leftist policy, the right has nothing to do with it
Sure it’s a leftist policy. I didn’t say it was a right wing policy. I said it was implemented to dampen the effects on inflation. Rising prices fueled (and still fuels) fears in the population which the right wing parties happily exploit.
France economy is instable right now yes, but pinning this on government debt is surely a drastic oversimplification of the problem and is more telling of your view of my Country than the effective state of our economy
I didn’t pinned down anything myself. The concerns of economists and the EU are indeed about France fiscal deficits. The EU started a penalty process just a few days ago because of it
https://www.nytimes.com/2024/06/19/business/france-budget-deficit-macron.html
France is in debt to the tune of around €3 trillion, or more than 110 percent of gross domestic product, and a deficit of €154 billion, representing 5.5 percent of economic output. The budget crunch comes after Mr. Macron spent heavily to support workers and businesses during pandemic lockdowns. His government also provided subsidies to help households cope with a jump in inflation after Russia’s invasion of Ukraine, which sent energy prices soaring.
but pinning this on government debt is surely a drastic oversimplification of the problem and is more telling of your view of my Country than the effective state of our economy
Next time when calling someone ‘plainly wrong’ try using sources and arguments instead of an ad hominem
