this post was submitted on 27 Jun 2024
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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:
France export more than import energy
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
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
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
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.
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:
https://www.euractiv.com/section/electricity/news/electricity-exporter-for-42-years-france-became-a-net-importer-in-2022/
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.
https://www.france24.com/en/france/20220825-france-prolongs-shutdown-of-nuclear-reactors-over-corrosion-amid-rising-energy-prices
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.
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
Next time when calling someone 'plainly wrong' try using sources and arguments instead of an ad hominem
Yeah, it's say's it was deleted by the creator, anyway that not what's important here
You've stated :
The way your statement is worded imply this is a common occurrence when I'm fact it is usually the other way around, France supply a lot of energy to it's neighbors
Yes in 2022 a year spectacularly weird for energy production everywhere in Europe thanks to the Ukrainian situation
But in 2023 France export more than import again Source : https://www.lemonde.fr/economie/article/2024/01/17/la-france-est-redevenue-premiere-exportatrice-d-electricite-en-europe-en-2023_6211385_3234.html
It's not clear from your text than this was your original intention
No you did not say that, you said:
Inflation doesn't appear in your text
Furthermore, even if you say that now, the capping of electricity prices are not only to combat inflation, but yes it is a reason, one other is to prevent private company to dictate the price of electricity, as an "essential" it's important that every one in the country can afford electricity, it's the same thing here for medication for exemple, state chose the price for almost every medicine you can buy in France
That's can be an entire new discussion (that I will not engage here, because I'm, and I think you too, as almost everyone, have not all the keys to discuss it) but economists say's a lot of things about this subject and forget that's France is it's own country and by that, have it's own way of thinking about debt, for many french leftist economists (not all obviously), debt is a good thing for exemple and that impact the way we use and think gouvernement funding
If you're interested I can link you to some resources on the question (albeit in french sorry)
PS: Sadly as I'm rereading my message, I'm realizing that the tone of it is harsher than I want it to be, buy I don't have the time or the energy to rewrite it in a more tasteful maner, sorry again
Your tone is perfectly fine and you made very good points, thank you for the information.
There's also the funny part about the undervalued uranium that comes from the African colonies