Europe’s Power Prices Could Rise as France Curbs Electricity Exports

France, the biggest net electricity exporter in Europe, plans to limit power exports to neighboring countries, which could lead to higher prices in other European power markets such as Italy, Switzerland, Belgium, and Germany. France, which derives about 70% of its electricity from nuclear energy, returned last year to the top spot of Europe’s net power exporters, as its nuclear fleet returned from maintenance and domestic demand was lower, analysts at Montel EnAppSys said early this year. The Montel EnAppSys analysis published…