France waives green rules to keep nuclear plants running

FRANCE temporarily lifted environmental rules yesterday to ensure five of its nuclear power plants can stay running as the country grapples with a deepening energy crisis.

The country's nuclear regulator has approved a request to keep the power stations in operation, even if the water they emit exceeds permitted temperature limits amid an ongoing heatwave across the country.

The latest move will grant some relief to the European power market as the continent braces for another wave of high temperatures.

Yesterday, France's one-year forward baseload power prices hit €543 per MWh - a new all time high price for domestic power.