I'm going to take issue with the prices you quote, Tom. First of all, you can get electricity for 0.24 €/kWh in Germany, and that's Ökostrom. Secondly, one problem with electricity prices in Germany is that the large power companies have happily sucked up all the subsidies and the profits they engendered, which actually should have flowed back to the customers.
Third, prices in France are rising rapidly. Why? Partly because of nuclear. Read this
article from last October:
French 'Shocked' As Power Prices Spike To 8-Year Highs On Nuclear Reactor Probe Shutdown
The scale of forced closures in nuclear power-reliant France - 19 reactors offline and 12 more due to shut - is the biggest since the Fukushima disaster in 2011, after French nuclear safety watchdog ASN warned its sprawling probe into forged quality control reports on reactor parts would turn up more irregularities. These deepening setbacks have sent French power prices soaring to 8 year highs and are expected to spike more into the winter...
As Bloomberg reports, French power prices for next-month delivery, already at the highest in eight years, are set for a record increase in October amid expectations that prolonged maintenance at Electricite de France SA’s nuclear reactors will expose further anomalies after manufacturing problems in components came to light.
Below are two stills from
explaining why prices are set to rise even further into the future (55 billion euros for extending the life of nuclear reactors in a safe way, but this number is bound to be much higher because the clean-up of closed reactors is costing huge amounts of money).
But if you speak French, this lad explains it well:
! No longer availableSummary:
- Nuclear used to be cheap, not anymore
- 5% cost augmentation per year for nuclear
- 55 billion euros for 'Grand Carénage' project up to 2025 (see still below), French Court of Audit estimates it will be 100 billion
- Problems with building Gen III reactors (EPR), budget , for instance reactor in Flamanville (still not finished) was projected to cost 3 billion, has already cost 9 billion
- Storage of nuclear waste (in one site to be constructed) was supposed to cost between 13 and 17 billion euros, but estimation is now 35 billion euros
- EDF has reserved 23 billion euros for the dismantling of nuclear power plants, but studies show this will actually cost tens of billions of euros more (they still don't know how to dismantle the core)
- EDF is in bad shape financially, and so these hundreds of billions of euros will have to be paid, either directly by consumers, or indirectly, by the state (tax payers).
I've said it before, Tom, be careful not to rely on German coal lobby propaganda.