A causal analysis of French electricity prices shows the 2021-2023 price surge was driven mainly by rising gas prices through cross-border coupling and, secondarily, by nuclear outages, and quantifies the indirect effect of river flows.
W., Gurdgiev, C., Paltrinieri, A
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Understanding the European energy crisis through structural causal models
A causal analysis of French electricity prices shows the 2021-2023 price surge was driven mainly by rising gas prices through cross-border coupling and, secondarily, by nuclear outages, and quantifies the indirect effect of river flows.