First word
Pandemi
As this digital edition of the Montel magazine goes
to press, several European nations have eased
lockdown measures aimed at curbing the spread
of the coronavirus. The past few months have
been dramatic, with historic decreases in GDP,
industrial production and the resulting drop in
energy demand.
In this issue we take a close look at the triple
whammy that is affecting the Nordic power
market. Mild weather, a huge hydrological surplus
and a decrease in demand. How long can the
region expect to witness single-digit power prices
and how sustainable is that in the medium to
long-term?
We also return to France and its nuclear fleet.
Already reeling from technical travails, fraud
allegations and financial woes, the country’s
reactors are set to generate record low levels
this year. The coming years will be crucial in
determining the future place of nuclear energy in
a world that will be increasingly dominated by
renewables.
While the EU is committed to decarbonise the
continent’s energy system by 2050, and looks set
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