Flash - Final Capacity Bids for 2023

9 Dec 2022

Market Intelligence :: News Flash :: France

The Capacity price for 2023 reached 60,000€/MW, increasing 151 % compared with the price set by the relevant bids in 2021 for 2022 (23,900 €/MW).

This price also shows an increase compared with the trend in the two earlier scheduled auctions for 2023 (respectively coming in at 18,100 €/MW and 15,000 €/MW).

This auction price of 60,000 €/MW sets the ceiling for the settlement of capacity needs during the 2023 delivery year set by The Committee for Energy Regulation (CRE).

Following the announcement of the ARENH reduction and according to guidelines that oversee for a majority of electricity contracts, this final auction will set the buy-back price for the capacity obligation of suppliers for their clients who signed an ARENH Indexed contract for 2023.

Please feel free to reach out to us on this topic.

The information above is an excerpt from the applicable report referenced above. For a full and complete copy of this report please complete the form below, sign up for our newsletters or schedule a virtual meeting at your convenience.

Get The Full Report Delivered To Your Inbox

Fill out the form below and we'll send you the full report.

1 Your Details

First Name *

Last Name *

Email *

Phone

How did you hear about us?

2 Company Details

Company Name

Industry

Est. Annual Energy Spend

Number of Sites

By submitting this form you agree to let NUS follow up with you related to your inquiry. Your information will be used for these purposes alone, we never buy, sell, or trade your personal data. For more information, please see our Privacy Information.