{"id":7606,"date":"2020-12-10T15:37:13","date_gmt":"2020-12-10T14:37:13","guid":{"rendered":"https:\/\/hayaenergy.com\/french-market-analysis\/"},"modified":"2026-06-03T19:34:31","modified_gmt":"2026-06-03T17:34:31","slug":"mafs_french-market-analysis","status":"publish","type":"page","link":"https:\/\/hayaenergy.com\/es\/mafs_french-market-analysis\/","title":{"rendered":"An\u00e1lisis del mercado Franc\u00e9s (EN)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7606\" class=\"elementor elementor-7606 elementor-67\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d40557e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d40557e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47bbd37\" data-id=\"47bbd37\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a389b4 elementor-widget elementor-widget-heading\" data-id=\"5a389b4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key Insights from the French Market Analysis<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff10e8c elementor-widget elementor-widget-text-editor\" data-id=\"ff10e8c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Analysis of the French energy market<\/strong> is key to understanding the dynamics and trends affecting the sector both locally and internationally. In this detailed analysis, we address the important factors influencing energy prices, supply and demand, and the latest regulatory policies. This comprehensive overview will allow you to keep up to date with weekly changes and anticipate possible market variations, both in France and in other relevant markets such as Spain.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7211e97 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"7211e97\" data-element_type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;],&quot;exclude_headings_by_selector&quot;:&quot;H3&quot;,&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h2 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__7211e97\" aria-expanded=\"true\" aria-label=\"Abrir la tabla de contenidos\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__7211e97\" aria-expanded=\"true\" aria-label=\"Cerrar la tabla de contenidos\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__7211e97\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d66e293 elementor-widget elementor-widget-heading\" data-id=\"d66e293\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">May 2026<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a1b38cc elementor-widget elementor-widget-text-editor\" data-id=\"a1b38cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-size: 38px; background-color: var(--ast-global-color-5);\"><span style=\"font-size: 38px; color: #4bacc6;\"><b>Key figures of the month<\/b><\/span><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8233c18 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"8233c18\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"232\" src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Tendencies-Prices-EU-Haya-Energy-Solutions-768x232.png\" class=\"attachment-medium_large size-medium_large wp-image-20515\" alt=\"Table of mean energy market prices for France, Spain, Italy, the UK and Germany, including power, gas, coal and CO2 price indicators 2026.\" srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Tendencies-Prices-EU-Haya-Energy-Solutions-768x232.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Tendencies-Prices-EU-Haya-Energy-Solutions-300x91.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Tendencies-Prices-EU-Haya-Energy-Solutions-1024x309.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Tendencies-Prices-EU-Haya-Energy-Solutions-1536x464.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Tendencies-Prices-EU-Haya-Energy-Solutions-2048x619.png 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-500acf8 elementor-widget elementor-widget-text-editor\" data-id=\"500acf8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><em>Source: Haya Energy Solutions<\/em><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0da3863 elementor-widget elementor-widget-text-editor\" data-id=\"0da3863\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In May 2026, electricity spot prices across the main European markets increased compared with the previous month, with average monthly prices rising by more than 10 \u20ac\/MWh in most countries. Italy was the main exception, remaining the highest-priced market in the region at broadly the same level as in April. In the forward market, however, Power Cal\u201927 remained relatively stable across all countries, although price levels moved within a slightly higher range than those observed in the previous month.<\/p>\n<p>France and Spain were once again the lowest-priced power markets in the region, both averaging around 52 \u20ac\/MWh, despite the increase recorded in their monthly average prices compared with April. By contrast, the rest of the main European markets remained at significantly higher levels, with Germany averaging close to 93 \u20ac\/MWh, the UK reaching around 105 \u20ac\/MWh, and Italy remaining near 120 \u20ac\/MWh. Overall, May once again highlighted the wide divergence in spot prices across Europe, largely reflecting each market\u2019s renewable generation profile and, in particular, its degree of exposure to gas-fired technologies as the marginal price-setting source.<\/p>\n<p>From a pricing perspective, one of the most notable developments of the month was the record low daily average price registered in the French market on 1 May, which fell to -. This was mainly driven by lower electricity demand associated with the public holiday, combined with favourable conditions for solar PV generation.<\/p>\n<p>More broadly, May was also a record month for solar PV output across several major European markets. New all-time daily highs for the month of May were reached in Germany (503 GWh), Spain (265 GWh), France (179 GWh) and Italy (161 GWh). This strong solar performance reinforced downward pressure on prices during central daylight hours, particularly on days when high renewable generation coincided with softer demand.<\/p>\n<p>On the gas side, average spot prices remained broadly stable around the 46 \u20ac\/MWh mark across most markets, with Germany standing slightly higher at around 48 \u20ac\/MWh on average. Compared with April, gas prices posted a modest increase across all countries, rising by around 2 \u20ac\/MWh in most markets. Gas Cal\u201927 also showed a slight month-on-month increase across all countries.<\/p>\n<p>As has been the case since the outbreak of the conflict, gas price formation remained largely driven by developments involving Iran, Israel and the United States, and, in particular, by events affecting the transit of gas and oil through the Strait of Hormuz. At present, the conflict appears to be in an open phase of negotiations aimed at de-escalation, while the ceasefire remains in place but highly fragile, with sporadic attacks still being reported. In this context, any signal ranging from progress in the talks to renewed disruption risk continued to feed directly into gas prices.<\/p>\n<p>As for CO\u2082, prices increased from around 77 \u20ac\/t in April to 79 \u20ac\/t in May, extending the upward trend that had started in the previous month. The move appears to reflect sentiment and geopolitical risk more than a significant change in near-term fundamentals.<\/p>\n<p>Overall, higher gas and CO\u2082 prices contributed to renewed upward pressure on electricity markets in May, partly offsetting the downward effect of strong solar generation across Europe.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce905ea elementor-widget elementor-widget-text-editor\" data-id=\"ce905ea\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-size: 38px; background-color: var(--ast-global-color-5);\"><span style=\"font-size: 38px; color: #4bacc6;\"><b>Energy demand and generation mix<\/b><\/span><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-936cfe4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"936cfe4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f42aa1d\" data-id=\"f42aa1d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-160f45b elementor-widget elementor-widget-image\" data-id=\"160f45b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"476\" height=\"499\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Energy-Mix-Haya-Energy-Solutions-1.png\" class=\"attachment-large size-large wp-image-20524 lazyload\" alt=\"Stacked bar chart showing the electricity energy mix by source, including wind, PV, hydro, nuclear, CCGT and other generation technologies for France.\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Energy-Mix-Haya-Energy-Solutions-1.png 476w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Energy-Mix-Haya-Energy-Solutions-1-286x300.png 286w\" data-sizes=\"(max-width: 476px) 100vw, 476px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 476px; --smush-placeholder-aspect-ratio: 476\/499;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-865b5db elementor-widget elementor-widget-text-editor\" data-id=\"865b5db\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><em>Source: Haya Energy Solutions<\/em><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9acfb86\" data-id=\"9acfb86\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-87e68af elementor-widget elementor-widget-text-editor\" data-id=\"87e68af\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In <strong>May 2026<\/strong>, total generation in France reached <strong>39,172 GWh<\/strong>.<\/p>\n<p><strong style=\"font-size: 16px;\">Nuclear power remains the backbone of the French generation mix<\/strong><span style=\"font-size: 16px;\">, playing a key role in ensuring system security of supply. Nuclear generation represented 70.0% of May\u2019s energy mix, aligned with previous month nuclear generation. <\/span><strong style=\"font-size: 16px;\">CCGTs participation has decreased even more <\/strong><span style=\"font-size: 16px;\">(0.8% in May vs 1.3% in April) with other main technologies being hydro, solar PV and wind generation.<\/span><\/p>\n<p><strong style=\"font-size: 16px;\">In the matter of renewable energy sources<\/strong><span style=\"font-size: 16px;\">, as you can see from the graph, <\/span><strong style=\"font-size: 16px;\">hydro production comes second in the total energy mix<\/strong><span style=\"font-size: 16px;\">, representing a 10.1% out of the total production and first in the renewable energy category. Hydroelectric stocks have increased in the last month from 1,177 GWh at the end of April until 1,640 GWh by end May (figures until week 21 in RTE), with very low levels in comparison with the last 5 years stock level in the same period. Finally, photovoltaic production has increased compared to the previous months.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ccca19 elementor-widget elementor-widget-image\" data-id=\"2ccca19\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"716\" height=\"364\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/French-Hydro-stocks-Haya-Energy-Solutions.png\" class=\"attachment-large size-large wp-image-20527 lazyload\" alt=\"French Hydro stocks\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/French-Hydro-stocks-Haya-Energy-Solutions.png 716w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/French-Hydro-stocks-Haya-Energy-Solutions-300x153.png 300w\" data-sizes=\"(max-width: 716px) 100vw, 716px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 716px; --smush-placeholder-aspect-ratio: 716\/364;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9e5686 elementor-widget elementor-widget-text-editor\" data-id=\"f9e5686\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong>Note:<\/strong> Hydraulic stock represents the aggregated energy content of French lake-type hydro reservoirs, expressed as <em>head energy<\/em> (energy producible by the plant directly connected to the reservoir). Maximum stock: 3,591 GWh. Data published weekly by RTE.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e66b3a4 elementor-widget elementor-widget-text-editor\" data-id=\"e66b3a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"color: #4bacc6; font-size: 38px;\"><b>Energy prices &amp; market panorama<\/b><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5a8018 elementor-widget elementor-widget-text-editor\" data-id=\"f5a8018\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Power prices showed a sharp rebound in May after the very low levels observed at the beginning of the month. The month opened with an extreme negative price event, with the French day-ahead price reaching <strong>-498.7 \u20ac\/MWh on 1 May at 13:00<\/strong>, a new low record. This reflected strong downward pressure from renewable generation, particularly solar, which accounted for <strong>27% of generation during that hour<\/strong>, combined with significantly reduced demand due to bank holiday in France. Prices recovered during the first week of the month, with several hourly prices exceeding <strong>120 \u20ac\/MWh<\/strong>, supported by higher demand, increased gas-fired generation and higher gas prices. However, by mid-month, prices eased again as strong renewable and nuclear output, together with lower demand during additional May bank holidays in France, put renewed downward pressure on the market. The second half of the month was generally characterised by higher prices than in April, mainly driven by higher gas prices and increased gas-fired generation. Overall, May was marked by high volatility, combining extreme negative price episodes during periods of high renewable output and low demand with sharp price spikes during peak hours.<\/p>\n<p><span style=\"font-size: 16px;\">May\u2019s average spot electricity price in France reached <\/span><strong style=\"font-size: 16px;\">52.2 \u20ac\/MWh<\/strong><span style=\"font-size: 16px;\">, a <\/span><strong style=\"font-size: 16px;\">31% increase compared with April\u2019s average of 39.8 \u20ac\/MWh<\/strong><span style=\"font-size: 16px;\">. As shown in the graph, prices fluctuated significantly throughout the month, with a minimum hourly price of <\/span><strong style=\"font-size: 16px;\">-498.7 \u20ac\/MWh on 1 May<\/strong><span style=\"font-size: 16px;\"> and a maximum of <\/span><strong style=\"font-size: 16px;\">206 \u20ac\/MWh on 7 May<\/strong><span style=\"font-size: 16px;\">. Day-ahead prices frequently dropped to very low or near-zero levels around midday, with <\/span><strong style=\"font-size: 16px;\">27.8% of hours below 5 \u20ac\/MWh<\/strong><span style=\"font-size: 16px;\">, reflecting the increasing impact of solar generation. In contrast, peak hours experienced sharp price spikes, with <\/span><strong style=\"font-size: 16px;\">9% of hourly prices above <\/strong><span style=\"font-size: 16px;\">, likely reflecting periods when gas-fired generation was setting the marginal price.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">In terms of cross-border flows, <\/span><strong style=\"font-size: 16px;\">France remained a net exporter<\/strong><span style=\"font-size: 16px;\"> across most interconnections. Hourly export levels exceeded 18 GW at peak during the month.<\/span><\/p>\n<p>\u00a0<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8293430 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"8293430\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Power-Prices-HayEnergySolutions.png\" title=\"Power-Prices-HayEnergySolutions\" alt=\"Line chart showing daily power prices in \u20ac\/MWh for 2026, with monthly benchmark price lines.\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 749px; --smush-placeholder-aspect-ratio: 749\/392;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b8231a elementor-widget elementor-widget-text-editor\" data-id=\"7b8231a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><em>Source: Haya Energy Solutions<\/em><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ecab716 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ecab716\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-c75ed1f\" data-id=\"c75ed1f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-93710fe elementor-widget elementor-widget-text-editor\" data-id=\"93710fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Regarding the PEG Day Ahead spot price, throughout May, <strong>spot prices averaged 46.4 \u20ac\/MWh<\/strong>, <strong>increasing by 5% compared to April 2026<\/strong>, with prices ranging between 43.1 \u20ac\/MWh and 51.8 \u20ac\/MWh. As shown in the chart, <strong>May prices remained almost consistently above the April average<\/strong> and became particularly firm in the middle of the month, before easing slightly towards month-end.<\/p>\n<p><span style=\"font-size: 16px; font-style: normal; font-weight: bold;\">Gas prices remained supported throughout May<\/span><span style=\"font-size: 16px; font-style: normal; font-weight: 400;\">, although without a clear breakout trend. At the beginning of the month, the market showed some signs of losing bullish momentum, as hopes of a possible U.S.\u2013Iran peace agreement triggered some profit-taking.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2ed2342\" data-id=\"2ed2342\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d33d3b3 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"d33d3b3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"751\" height=\"407\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Gas-Prices-HayEnergySolutions.png\" class=\"attachment-large size-large wp-image-20533 lazyload\" alt=\"Line chart showing daily gas prices in \u20ac\/MWh for 2026, with monthly benchmark price lines.\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Gas-Prices-HayEnergySolutions.png 751w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Gas-Prices-HayEnergySolutions-300x163.png 300w\" data-sizes=\"(max-width: 751px) 100vw, 751px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 751px; --smush-placeholder-aspect-ratio: 751\/407;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73de2df elementor-widget elementor-widget-text-editor\" data-id=\"73de2df\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><em>Source: Haya Energy Solutions<\/em><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5ad369 elementor-widget elementor-widget-text-editor\" data-id=\"c5ad369\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>However, prices did not enter a real downtrend, as European gas fundamentals remained tight. Mid-month, the\u00a0<strong>lack of concrete progress in negotiations<\/strong>, together with\u00a0<strong>continued disruption around the Strait of Hormuz<\/strong>, reinforced\u00a0<strong>bullish sentiment and pushed prices higher<\/strong>. By the end of May, the market had moved into a more cautious \u201cstatus quo\u201d phase, with prices stabilizing around their short-term average rather than continuing to rise.<\/p>\n<p>The main supportive factor for French gas prices remained the\u00a0<strong>European storage deficit<\/strong>\u00a0and the\u00a0<strong>increasing competition between Europe and Asia for LNG cargoes<\/strong>. European LNG imports weakened during the month while Asian demand continued to strengthen, forcing European buyers to remain competitive in order to secure supply. This supported both TTF and PEG prices, keeping French gas prices exposed to international LNG dynamics and geopolitical developments.<\/p>\n<p>EU gas stocks finished May at\u00a0<strong>40.1% full on average<\/strong>, an increase of around 23.4% compared with the previous month but still below the\u00a0<strong>47.9% recorded at the same point in 2025<\/strong>. This gradual refill reduced some immediate pressure, but the\u00a0<strong>storage deficit remains a key bullish risk ahead of next winter<\/strong>. For France, this means that PEG prices are likely to remain sensitive to LNG availability, Norwegian supply, Asian demand and any renewed geopolitical escalation.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d201862 elementor-widget elementor-widget-text-editor\" data-id=\"d201862\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-size: 38px; color: #4bacc6;\"><b>Market trends and futures<\/b><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f5285da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f5285da\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8f369b3\" data-id=\"8f369b3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-379b0f5 elementor-widget elementor-widget-image\" data-id=\"379b0f5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"511\" height=\"739\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Futures-Prices-France-Haya-Energy-Solutions.png\" class=\"attachment-large size-large wp-image-20530 lazyload\" alt=\"Table comparing two months forward prices for power, gas and CO2, including percentage changes by delivery period.\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Futures-Prices-France-Haya-Energy-Solutions.png 511w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Futures-Prices-France-Haya-Energy-Solutions-207x300.png 207w\" data-sizes=\"(max-width: 511px) 100vw, 511px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 511px; --smush-placeholder-aspect-ratio: 511\/739;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67c50e2 elementor-widget elementor-widget-text-editor\" data-id=\"67c50e2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><em>Source: Haya Energy Solutions<\/em><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-47b7322\" data-id=\"47b7322\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d8db5d4 elementor-widget elementor-widget-text-editor\" data-id=\"d8db5d4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>During May, <strong>French power futures showed an upward trend compared with April average prices<\/strong>, with the forward curve also rising throughout the month. Short-term products, including Jun-26, Jul-26 and Q3-2026, increased over the month. This <strong>upward move reflected growing concerns around the summer balance<\/strong>, including <strong>higher cooling demand<\/strong>, <strong>weaker hydro conditions<\/strong>, <strong>potential river-related nuclear constraints and higher gas prices.<\/strong> Q4-2026 also increased by 4.5% to 89.0 \u20ac\/MWh, while longer-dated contracts remained broadly stable, with Cal-2027 up 1.0% to 54.8 \u20ac\/MWh and Cal-2028 up 0.2% to 51.4 \u20ac\/MWh.<\/p>\n<p><strong style=\"font-size: 16px;\">Gas forwards in May increased compared with April forwards<\/strong><span style=\"font-size: 16px;\">, while also showing mixed movements throughout the month. <\/span><strong style=\"font-size: 16px;\">Short-term contracts rose by around 6% on average<\/strong><span style=\"font-size: 16px;\">, whereas <\/span><strong style=\"font-size: 16px;\">longer-dated products were more stable<\/strong><span style=\"font-size: 16px;\">, with only moderate gains compared with the previous month.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">The upward move was mainly driven by <\/span><strong style=\"font-size: 16px;\">tight European gas fundamentals<\/strong><span style=\"font-size: 16px;\">,<\/span><strong style=\"font-size: 16px;\"> storage levels still below last year<\/strong><span style=\"font-size: 16px;\">, continued <\/span><strong style=\"font-size: 16px;\">competition between Europe and Asia for LNG cargoes<\/strong><span style=\"font-size: 16px;\">, and persistent <\/span><strong style=\"font-size: 16px;\">geopolitical uncertainty<\/strong><span style=\"font-size: 16px;\"> around the Middle East and the Strait of Hormuz. Although hopes of a U.S.\u2013Iran agreement triggered some profit-taking at different points during the month, the market did not establish a real downtrend. Overall, the May increase was concentrated at the front of the curve, while longer-dated products remained comparatively stable.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-eaa5a57 elementor-widget elementor-widget-text-editor\" data-id=\"eaa5a57\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Carbon prices moved moderately higher in May,<\/strong>\u00a0with EUA Dec-2026 increasing by 2.8% (76.2 \u20ac\/t). The market was supported by higher energy prices and\u00a0<strong>persistent geopolitical uncertainty<\/strong>, particularly around the Middle East and the Strait of Hormuz. However, the upside remained limited by regulatory uncertainty after the\u00a0<strong>European Commission revised the 2026 EU ETS<\/strong>\u00a0auction calendar, introducing the auctioning of 50 million allowances for the Social Climate Fund,\u00a0<strong>including around 40 million additional allowances<\/strong>. This additional auction supply could create bearish pressure later in the year. At the same time, the latest\u00a0<strong>TNAC figures implied that around<\/strong>\u00a0<strong>190 Mt of allowances would be transferred into the Market Stability Reserve<\/strong>\u00a0between September 2026 and August 2027, reducing the effective supply available to the market and partially\u00a0<strong>offsetting the bearish impact of the additional auctions<\/strong>. Overall, carbon prices ended May higher, but market participants remained cautious and the move did not develop into a clear bullish breakout.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1eb7e5b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1eb7e5b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7de3b4f\" data-id=\"7de3b4f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-200c428 elementor-widget elementor-widget-text-editor\" data-id=\"200c428\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-size: 38px; color: #4bacc6;\"><b>Key news and implications <\/b><\/span>\u00a0<\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b1b0d7 elementor-widget elementor-widget-text-editor\" data-id=\"6b1b0d7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Day Ahead minimum clearing price<\/strong><\/p>\n<p>As of 28 May 2026, the harmonised <strong>minimum clearing price for the Single Day-Ahead Coupling<\/strong> (SDAC) was <strong>lowered from -500 \u20ac\/MWh to -600 \u20ac\/MWh<\/strong>. This adjustment was triggered automatically under the HMMCP methodology after day-ahead clearing prices fell below 70% of the existing minimum price in several European bidding zones on at least two different days within a 30-day period, first on 25 April and again on 30 April. <strong>The change applies to all bidding zones participating in SDAC<\/strong> and increases the technical downside range for day-ahead prices. In France, this is particularly relevant given the recent episodes of very low or negative prices driven by high renewable output, comfortable nuclear availability and weak demand.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2148d0f elementor-button-info elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"2148d0f\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/hayaenergy.com\/es\/mafs_spanish-market-analysis\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Spanish Market Analysis<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7cc19eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7cc19eb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b9b890a\" data-id=\"b9b890a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-10c47ee elementor-widget elementor-widget-heading\" data-id=\"10c47ee\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">FR Base Power Price (\u20ac\/MWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-690486a elementor-widget elementor-widget-html\" data-id=\"690486a\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"FR Base Power price (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-vUPVb\" data-src=\"https:\/\/datawrapper.dwcdn.net\/vUPVb\/241\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8c97b5 elementor-widget elementor-widget-heading\" data-id=\"d8c97b5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">EUA price (\u20ac\/Tn)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52c1a7b elementor-widget elementor-widget-html\" data-id=\"52c1a7b\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"EUA price (\u20ac\/Tn)\" aria-label=\"Line chart\" id=\"datawrapper-chart-mXgaA\" data-src=\"https:\/\/datawrapper.dwcdn.net\/mXgaA\/231\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-696301b elementor-widget elementor-widget-heading\" data-id=\"696301b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Spark Spread - Base \u20ac\/MWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b20b47a elementor-widget elementor-widget-html\" data-id=\"b20b47a\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Spark Spread - Base \u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-SBJPQ\" data-src=\"https:\/\/datawrapper.dwcdn.net\/SBJPQ\/219\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"403\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e7f9cd elementor-widget elementor-widget-heading\" data-id=\"3e7f9cd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Dark Spread - Base \u20acMWh<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5273c8 elementor-widget elementor-widget-html\" data-id=\"d5273c8\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Dark Spread - Base \u20acMWh\" aria-label=\"Line chart\" id=\"datawrapper-chart-Upuw4\" data-src=\"https:\/\/datawrapper.dwcdn.net\/Upuw4\/231\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9da8151\" data-id=\"9da8151\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d92d4fb elementor-widget elementor-widget-heading\" data-id=\"d92d4fb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">FR Peak Power Price (\u20ac\/MWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e2eea3 elementor-widget elementor-widget-html\" data-id=\"1e2eea3\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"FR Peak Power price (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-Nbwuq\" data-src=\"https:\/\/datawrapper.dwcdn.net\/Nbwuq\/243\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f799f1 elementor-widget elementor-widget-heading\" data-id=\"0f799f1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">PEG Gas price (\u20ac\/MWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81111cb elementor-widget elementor-widget-html\" data-id=\"81111cb\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"PEGN Gas price (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-ufNBY\" data-src=\"https:\/\/datawrapper.dwcdn.net\/ufNBY\/227\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-790e462 elementor-widget elementor-widget-heading\" data-id=\"790e462\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Spark Spread - Peak (\u20ac\/MWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a75b9c elementor-widget elementor-widget-html\" data-id=\"4a75b9c\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Spark Spread - Peak (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-7gTmm\" data-src=\"https:\/\/datawrapper.dwcdn.net\/7gTmm\/219\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04e9154 elementor-widget elementor-widget-heading\" data-id=\"04e9154\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Dark Spread - Peak (\u20acMWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76179de elementor-widget elementor-widget-html\" data-id=\"76179de\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Dark Spread - Peak (\u20acMWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-6vDz5\" data-src=\"https:\/\/datawrapper.dwcdn.net\/6vDz5\/256\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"403\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Key Insights from the French Market Analysis Analysis of the French energy market is key to understanding the dynamics and trends affecting the sector both locally and internationally. In this detailed analysis, we address the important factors influencing energy prices, supply and demand, and the latest regulatory policies. This comprehensive overview will allow you to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>French Market Analysis - Haya Energy Solutions<\/title>\n<meta name=\"description\" content=\"Analysis of the French energy market is key to understanding the dynamics and trends affecting the sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hayaenergy.com\/es\/mafs_french-market-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"French Market Analysis - Haya Energy Solutions\" \/>\n<meta property=\"og:description\" content=\"Analysis of the French energy market is key to understanding the dynamics and trends affecting the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hayaenergy.com\/es\/mafs_french-market-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"Haya Energy Solutions\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-03T17:34:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/06\/Tendencies-Prices-EU-Haya-Energy-Solutions.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2293\" \/>\n\t<meta property=\"og:image:height\" content=\"693\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hayaenergy.com\/es\/mafs_french-market-analysis\/\",\"url\":\"https:\/\/hayaenergy.com\/es\/mafs_french-market-analysis\/\",\"name\":\"French Market Analysis - 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