Britain’s electricity exports exceed its imports for the first time in 12 years

Britain’s electricity exports exceed its imports for the first time in 12 years

In the second quarter of this year, Britain exported more power than it imported from it for the first time in more than 10 years, which helped close the gap in France, where electricity prices increased as a result of the extension of the suspension of nuclear facilities.
And according to government figures, the amount of power and natural gas that Britain exported rose by almost 600% yearly during the second quarter of this year, according to the Bloomberg news agency.

Following an 8.5% rise in production, Britain started to export power on a net basis. Demand declined by 5 and by 2%. 5%. In Britain in 2010, electricity exports last outpaced imports.
European nations like France, whose 56 nuclear reactors operate at around half of their operational capacity due to the need for maintenance, have seen an increase in demand for British electricity.

France has some of the highest electricity costs in Europe, and the expense of transmitting electricity via massive cables further drives up prices. .

For the first time in 12 years, Britain’s power exports are greater than its imports.

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