Bloomberg reports energy supplier Electricité de France (EDF) is struggling with widespread outages after 28 of the country's 56 reactors are offline due to routine maintenance or defects. 

France's nuclear power plants supply more than 66% of its total power output. The outrage has caused nuclear power output to hit the lowest seasonal level in at least a decade. 

France's electricity market has trended higher in terms of prices, upwards of 30% more than its German neighbor that relies mostly on fossil fuels to power its plants. French power prices are four times higher than at the same time in 2021 because declining nuclear power has put more pressure on other power generation sources, thus triggering a supply crunch.