In a year, by next December, the price of electricity could rise to 1.6 thousand euros.
The wholesale price of electricity in 2023 will increase several times over, writes the French publication Le Parisien.
"The wholesale price per 1 MWh next year will exceed one thousand euros. This means more than a tenfold increase compared to last year," writes the newspaper, adding that a year ago the price was 85 euros per 1 MWh.
The reasons for the increase in price are a reduction in the flow of Russian gas and the shutdown of many nuclear reactors in France. Of the 56 reactors, only 24 are now up and running, with the rest being shut down for technical reasons such as corrosion problems.
In just one year, by next December, the price of electricity could rise to 1.6 thousand euros.