In France, electricity demand increased by around 1 GW, due to the resumption of activity in energy intensive industries. French gas stocks are at around 39%, up 4 points in a week. The price of Brent crude oil fell for the third week in a row.
France
The market remained very volatile in July. The technical problems of the nuclear fleet are still present. The market reacted to the drop in Russian gas deliveries on Nord Stream 1 - down 20% of its capacity. Oil fluctuated widely - a rise at the beginning of the month and a fall in prices over recession fears towards the end.
France
Electricity prices fell slightly in reaction to EDF's announcement of an increase in projected production. Carbon prices have remained relatively stable. Markets reacted to the snap decrease in the delivery of Russian gas. Solutions are being sought to compensate for the drop in exports from Russia, including oil from Iran and Venezuela.
France
The markets remain very tense with a historically low level of French nuclear production (30 reactors closed out of 56). Carbon prices rose again at the end of the month. May started with a decline in the natural gas markets but prices have started to rise again in the last week.
France
The war in Ukraine and the series of sanctions that Europe is led to take are still fueling uncertainties about energy supply. The carbon price remained relatively stable compared to the previous months. Natural gas continued to rise during the month of April. High tensions persist due to the interruption of Russian deliveries.
France
Electricity prices rose gradually this month in reaction to the escalating pace of sanctions on the Russian economy. The limited availability of French nuclear power keeps prices high. Carbon fell sharply at the beginning of the month, and Brent was very volatile during the month of March.
France