MARKETS

France sets new power price record amid nuclear reactor shutdowns and intermitte

THE big story of the week in energy markets in Europe was the power price record in France set in the day-ahead market for Monday, April 4, with an average daily spot price of €551 per megawatt hour. 

Tim Daiss
Lower nuclear generation leads to more power challenges

Lower nuclear generation leads to more power challenges

  Between the hours of 8 and 9 CET, the price was as high as €2998 per MWh, also a new record.   Consultancy Rystad Energy said in a note overnight the main reason for the "extraordinary price level"...

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