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Electricite de France SA halted a reactor for about a month after a fire broke out last night on key equipment in the non-nuclear part of the Paluel power station. The fire, which started at about 1:50 a.m. on the main power transformer of the Paluel 3 unit, was fully put out after 90 minutes, and there were no casualties, EDF said in a statement Tuesday. ...
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This paper seeks to understand the general equilibrium effects of time-varying geopolitical risk in oil markets. Answering this question requires simultaneously modeling several features including macroeconomic disasters and geopolitically driven oil production disasters, oil storage and precautionary savings, and the endogenous determination of uncertainty ...