France: EDF to shut down oil-fired plants for half a year

06/03/2014 00:48 Oil Market

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EDF French group will shut down its oil-fired plants for half a year starting from April, taking offline a power capacity of 5,000 MW, because the plants turned out to be uncompetitive among huge overcapacities in the European electricity sector.

The 680 MW two units at the EDF’s Cordemais plant in Brittany and the 680-MW units at the Aramon plant in the south-east France, as well as the four 600-MW tranches of the Porcheville plant will close in April. The total capacity to be taken offline by EDF corresponds to the overall capacity of five big nuclear reactors. In recent years, the power sector in Europe has had vast overcapacities as a result of an expanding solar and wind production due to the economic deceleration that has an essential influence on the electricity demand, usually leading to the inactivity of numerous gas and oil-fired plants. The necessity for the oil-fired plants has been reduced in France, due to the fact that this year the winter in the country was warm, for the second year consecutively, and the plants were mainly built for peak winter consumption period.

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