SHARE
+44 (0) 1865 952700 | contact@auroraer.com
Press enquiries
  • This field is for validation purposes and should be left unchanged.

Insight

Home/French Power Market Forecast – October 2020

French Power Market Forecast – October 2020

This quarterly update presents Aurora’s comprehensive view on the state of the French power market, and includes our latest outlook on prices, production, capacity, and asset performance to 2050.

Key highlights in this quarter’s update include:

  • The baseload price is forecasted to rise from 35.2€/MWh in 2020 to 47.7€/MWh in 2025 and 53.5€/MWh in 2030. Beyond 2030, the baseload price reaches 65€/MWh by 2040 before to go down to 54.3€/MWh by 2050 as additional renewable capacity enters the system
  • Relative to our previous update in July 2020, baseload prices have decreased by an annual average of 1.7€/MWh (or 3%) throughout the forecast horizon
  • The key driver for the decrease in baseload power prices is a downward revision to our long-term gas price by an annual average 1.7€/MWh or (6%) due to lower GDP projections.
  • The gas price drop also affects renewables’ capture prices which dipped by 1 – 2 €/MWh on average across the forecast horizon
  • EDF raised its nuclear production forecast for 2020 to 315-325 TWh against 300 TWh initially, following better than expected outturns of the COVID-19 crisis that had forced EDF to review its reactor maintenance program earlier this year

This is subscriber-only content. To enquire about subscribing to our French Power Market service, please get in touch.

View Report

Our subscription services

Our subscription service provides you with long-term market forecasts, strategic insight reports, interactive client forums and access to our market data and analytics platform.

Interested? Please sign up to receive our complimentary monthly summary reports via email. Simply tick which reports you would like to receive. Please indicate your consent in the box provided and view our privacy policy.

If you would like further information on a particular subscription service or report please enter further information in the box provided.

 

 

  • Please find our privacy policy here

  • Aurora’s July 2020 French Power Market Forecast serves as a short update to account for the latest commodities and market updates since our annual April 2020 report.

    Read More
  • Our French Power Market Forecast serves as a comprehensive stock-taking document which critically analyses the potential outcomes of the PPE (The French 2019 Programmation Pluriannuelle de l’Energie) and provides Aurora’s independent central view on the future evolution of the French power system.

    Read More
  • We are pleased to present Aurora’s new strategic insight report 'The E-Mobility Revolution: Impacts of EVs on the French Power Market’

    Read More

Independent intelligence for the global energy transformation

Contact us