New Energy
European Nuclear Plants Put Out of Work by Green Power Surge
- French, Spanish electricity prices have plunged to near zero
- Renewable energy’s share in Europe to increase with EU target
The drive to promote renewable energy is turning the screws on Europe’s nuclear industry.
While churning out fossil-free electricity has never been more urgent, surging renewables and a slump in power prices are undermining operations of atomic plants that are still the cornerstone of electricity grids in several parts of the continent.