Belgian power prices triple as 'dunkelflaute' and Tihange 3 outage force gas reliance

Wholesale electricity prices in Belgium spiked to €540/MWh, triple year-ago levels, due to a 'dunkelflaute' (low wind and solar) compounded by the unplanned outage of the Tihange 3 nuclear reactor. The country met nearly half its demand with expensive gas-fired generation, highlighting supply fragility in the transition to renewables. The duration of the reactor outage and the persistence of the weather pattern remain uncertain.

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