21 December 2022 | Other

France to face lower risk of power cuts in January

The country’s grid operator said that there was little prospect of power cuts in January as nuclear and hydroelectric output had rebounded and electricity demand had lowered. 

The recent report by the operator RTE showed that France had less risk of being short of electricity. It previously warned that the French might be urged to cut energy use to avoid possible power cuts in the first half of January. 

Thomas Veyrenc, executive director in charge of strategy at RTE, noted on Tuesday that it lowered its autumn forecast of power cuts for France. The country is now better prepared to deal with such stressful situations. 

According to the operator, France will be at moderate risk of power cuts for the rest of winter if consumers continue to reduce energy consumption and gas supplies are uninterrupted. Electricity prices in France rebounded. 

Company MarketCheese
Period: 29.04.2026 Expectation: 970 pips
USDCAD signals upward reversal amid waning selling pressure
Yesterday at 11:05 AM 19
Period: 29.04.2026 Expectation: 1000 pips
Buying NVIDIA stock up to $210
Yesterday at 10:37 AM 24
Period: 22.05.2026 Expectation: 1100 pips
Selling EURUSD with 1.16300 in sight
Yesterday at 09:08 AM 17
Period: 29.04.2026 Expectation: 100 pips
Natural gas rally meets profit-taking after bounce from April lows
Yesterday at 06:08 AM 17
Period: 21.05.2026 Expectation: 5000 pips
Investing in Tesla stock ahead of earnings report
21 April 2026 43
Period: 28.04.2026 Expectation: 3550 pips
Buying BTCUSD with $78,300 target after overcoming local overbought conditions
21 April 2026 35
Go to forecasts