France Energy Pricing Trends - 10 July 2023
10 Jul 2023
France Power Pricing Trends | 10 July 2023
The trend on the electricity market was bullish last week. As for the future of Arenh, the government suggests that this mechanism will be replaced at the end of 2025. The weekly average price decreased from 178.52
€/MWh to 171.21 €/MWh for CAL 2024 and from 145.61 €/MWh to 146.96 €/MWh for CAL 2025.
France Natural Gas Pricing Trends | 10 July 2023
Last week, the natural gas market remained above €50/MWh, with a slightly upward trend. Maintenance work is still in progress at several regasification terminals. French gas stocks are at around 64.00% full. At European level, stocks are 79.08% full. The weekly average price increased from 51.19 €/MWh to 52.82 €/MWh for CAL 2024 and from 42.87 €/MWh to 45.12 €/MWh for CAL 2025.
France Oil Pricing Trends | 10 July 2023
The price of Brent crude continued to hover around €70/bbl last week. Saudi Arabia and Russia announced on Monday the extension of their production cuts for August. The weekly average price of Brent crude oil increased from 67.82 €/bbl to 70.16 €/bbl.
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