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ECONOMY

France extends shutdown of four nuclear reactors amid corrosion problems

French electricity group EDF has announced that shutdowns of four nuclear reactors would be extended for several weeks because of corrosion problems, potentially putting more pressure on prices as winter approaches.

France extends shutdown of four nuclear reactors amid corrosion problems
Smoke rises from chimneys of the Bugey nuclear power plant on January 25, 2022, in Saint-Vulbas, central eastern France. (Photo by JEAN-PHILIPPE KSIAZEK / AFP)

France generates some 70 percent of its electricity from a fleet of 56 reactors, but 32 are currently offline either for routine maintenance or to evaluate the corrosion risks.

EDF said the stress corrosion — which produces tiny cracks — was found at four sites near welds on pipes of cooling circuits that are crucial in case of shutdowns or accidents, prompting shutdowns and inspections of eight similar reactors.

The four reactors are now set to resume output between November 1st and January 23nd.

Overall output for 2022 is now expected at the lower end of its forecast of 280 to 300 terawatt-hours (TWh), an EDF spokesman told AFP.

If its own production is insufficient for France’s needs, EDF imports electricity from elsewhere in Europe, where prices are soaring as Russia clamps down on exports of natural gas, also a main source for electricity.

The emergency work added to the financial woes of the heavily indebted state-controlled company, which the government now plans to fully nationalise as it moves to relaunch France’s nuclear industry.

President Emmanuel Macron called earlier this year for the construction of up to 14 new reactors to power the country’s transition away from fossil fuels.

Customers in France have so far escaped the soaring utility bills seen across much of Europe thanks to the government’s price cap, although this currently runs only until the end of the year.

EXPLAINED Why are French energy prices capped?

Member comments

  1. “Smoke rises from chimneys of the Bugey nuclear power…”

    Ce n’est pas de la fumée; c’est de la vapeur d’eau.

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POLITICS

Biden hosts Macron for banquet as French president blasts ‘aggressive’ US subsidies

France's Emmanuel Macron was set to be hosted by President Joe Biden at the White House Thursday for a state visit mixing sumptuous ceremonies with hard-edged talks on transatlantic trade and how to manage a rising China.

Biden hosts Macron for banquet as French president blasts 'aggressive' US subsidies

A military honor guard was due to be standing ready at the White House to welcome the French leader, accompanied by his wife, Brigitte, before the two presidents meet in the Oval Office for what are expected to be substantial discussions as they seek to defuse tensions over what Macron has described as “aggressive” subsidies for US manufacturers.

They were to give a joint press conference ahead of winding up the day with a lavish dinner featuring French favorites of wine and cheese — but in both cases American-made.

The two governments have emphasized their historic links — France is the United States’ oldest ally — as well as their close partnership in the Western alliance confronting Russia’s invasion of Ukraine.

However, Macron made clear, in unusually blunt language, that he is not just in Washington to discuss the easy parts of the relationship.

At a lunch with lawmakers and business leaders Wednesday, he lashed out at Biden’s signature policy called the Inflation Reduction Act, which is set to pour billions of dollars into environmentally friendly industries, with strong backing for US-based manufacturers.

The White House touts the IRA legislation as a groundbreaking effort to reignite US manufacturing and promote renewable technologies. European Union governments are crying foul, threatening to launch a trade war by subsidizing their own green economy sector.

“This is super aggressive for our business people,” Macron said, warning that what he sees as unfair US practices will “kill” European jobs.

“The consequence of the IRA is that you will perhaps fix your issue but you will increase my problem. I’m sorry to be so straightforward,” Macron said.

The White House responded by insisting that the state visit is about the two presidents’ “warm relationship.”

US advances in the clean energy economy will help Europeans too, White House Press Secretary Karine Jean-Pierre said. The IRA “presents significant opportunities for European firms as well as benefits to EU energy security. This is not a zero-sum game.”

In a speech later at the French embassy, Macron said the subsidies could become a real sticking point in US relations with Europe.

While voicing support for the environmental goals of the IRA, Macron said “these are choices that will split the West,” even as he agreed that ties remained solid for now.

On Wednesday evening, he and his wife joined Biden and First Lady Jill Biden for dinner in an Italian restaurant in Washington for a moment that was both private and “political,” according to an adviser to the Elysee, ahead of Thursday’s official events.

Also on Wednesday, Macron joined Vice President Kamala Harris at NASA headquarters in Washington to discuss cooperation in space — and to propose putting the first Frenchman on the Moon.

Menu and music

Macron’s two busy days in Washington will culminate Thursday with the first formal state dinner of Biden’s presidency — the grand tradition having been shelved due to Covid-19 restrictions.

Grammy-award-winning American musician Jon Batiste will perform at the banquet, which the White House said will kick off with butter-poached Maine lobster, paired with caviar, delicata squash raviolo and tarragon sauce.

The main course features beef and triple-cooked butter potatoes, before leading to the cheese course of award-winning US brands, and finally orange chiffon cake, roasted pears with citrus sauce and creme fraiche ice cream.

Washing all that down will be three different wines — all from US vineyards.

China high on agenda

Trade tensions, however, are only part of the uncomfortable flip side to the red carpet occasion.

Another gripe in Europe is the high cost of US liquid natural gas exports — which have surged to help compensate for canceled Russian deliveries.

There is also divergence on how to deal with the rise of superpower China. The question — with Washington pursuing a more hawkish tone and EU powers trying to find a middle ground — is unlikely to see much progress.

“Europe has since 2018 its own, unique strategy for relations with China,” tweeted French embassy spokesman Pascal Confavreux in Washington.

White House National Security Council spokesman John Kirby said China will be “very high on the agenda” this week but stressed that both countries share a broad approach.

“We believe that not only France, but every other member of the G7 — frankly, our NATO allies too — see the threats and challenges posed by China in the same way.”

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