The power market fell last week after RTE forecast a 3-4% drop in consumption, 100% full gas stocks for this winter gives a good signal. The Minister of Economy confirmed last Thursday the ARENH cap. The price of Brent fell last week, before rising again on Friday
France
Pressure on the electricity market continues to rise along with delays to the return of nuclear power plants on the French grid. Temperate weather is generating almost zero demand for natural gas. Oil prices have fallen.
France
Despite the return to service of three reactors, nuclear production in France remains unstable - a strike has disrupted the return of eight other reactors to the grid. The natural gas market fell slightly due to lower demand and mild weather.
France
The electricity market fell last week, driven by lower natural gas prices via mild weather and supply, but also by a reassuring announcement from EDF. The price of Brent crude oil rose sharply - OPEC+ announced a cut in oil production.
France
The electricity market remained stable as market participants had been waiting for the European Commission meeting. The natural gas market rose sharply on Nord Stream news but retreated following stock reports. Brent held steady this week.
France
ARENH Rights reciprocity coefficient due to stay level for 2023
France