https://www.reuters.com/world/europe/france-raise-regulated-...
Google tells me 1 MWH = 105.26 liters of gas [1]
Math that out and it's basically 1 EUR per Liter of Gas
Gas seems at least 1.75 EUR / Liter, so a pretty good savings? [2]
0. https://tradingeconomics.com/france/electricity-price
1. https://hextobinary.com/unit/energy/from/gasoline/to/megawat...
A decently efficient EV is about 250Wh/mi (it’s closer to 220, but 250 makes math easy), so 105 EU of power can travel approximately 4000mi.
By comparison a decently efficient ICE (in Europe) gets about 5L/100km, roughly. So, to travel 6430km (4k miles) you’d need about 320L of fuel. At 1.75EU/L that would cost 560 EU.
It’s a very substantial difference, assuming your pricing is correct on fuel and energy cost.
Also, please don't mix units.
Consumers rates will be at least about twice that.
A good heuristic to tell you are looking at a rate is that is not a consumer rate is that if it is quoted in units that are per MWh it is probably not a consumer rate. Consumer rates are almost always quoted per kWh.
Some others folks in the EU have chosen others means with lesser or unknown EROEI. But hey, their sovereign choices, their consequences. It's not like France is preventing them from doing nuclear.
I guess we'll see in a few years; but CfDs going over decades and being backed by governments I think it's safe to plan around this price.
What happened in 8/2021 that caused a huge spike?
Beyond demand pressures on the interconnected European market due to secondary effects of the heat and the COVID rebound, it’s likely nuclear output was reduced as the cooling potential of water sources was reduced - I vaguely remember articles on this before the cracking issue stole ‘headlines’.
Reduced nuclear output in France results in increased demand for less cost efficient national or more-expensive-than-nuclear international (interconnected) generators.
It is mostly to protect the ecological system, nothing to do with any technical problem. They calculated that after going through the cooling process the water would be too hot and thus, they didn't restart the reactors.
Because that is second important part, this alone wouldn't be news worthy because reactors could be running in other parts of France and electricity shifted around. But the thing is that after a lack of care/maintenance for its nuclear industry (due to political powers and belief that we could do without in the long term) after the lockdowns of COVID, France had a lot of reactors that needed repairs/inspections/maintenance; all kind of compliance for regulatory approval. So, the heatwave problem was doubling down on an already reduced capacity but most of the time it shouldn't be a problem at all...
0: https://www.reuters.com/business/energy/frances-edf-takes-13...
USA average shows $0.23/kWh