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Europe: Blackout threat growing due to power supply risks, study says

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Europe has increased risks of blackouts in the region in the coming winter, Bloomberg reports.

The alert comes after several utilities closed natural gas-fired plants in past years. Electrabel S.A. has stopped three nuclear reactors in Belgium due to safety concerns. If no steps are taken to tackle the problem, "negative wholesale electricity prices could still be observed and new gas-fired plant closures could occur," said the study.

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