Nuclear generation tends to be uncorrelated with carbon prices. The exception is when high power prices coincide with a period of tight carbon allowance supply. This August’s surge in European power prices coincided with a sharp increase in EU carbon prices towards €100 per tonne as utilities looked to hedge their power generation, while the supply of allowances via auction was limited.
France's nuclear winter of discontent
France's nuclear winter of discontent
France's nuclear winter of discontent
Nuclear generation tends to be uncorrelated with carbon prices. The exception is when high power prices coincide with a period of tight carbon allowance supply. This August’s surge in European power prices coincided with a sharp increase in EU carbon prices towards €100 per tonne as utilities looked to hedge their power generation, while the supply of allowances via auction was limited.