{"id":7606,"date":"2020-12-10T15:37:13","date_gmt":"2020-12-10T14:37:13","guid":{"rendered":"https:\/\/hayaenergy.com\/french-market-analysis\/"},"modified":"2026-07-06T16:23:24","modified_gmt":"2026-07-06T14:23:24","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\">June 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=\"171\" src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Tendencies-Prices-EU-Haya-Energy-Solutions-1-768x171.png\" class=\"attachment-medium_large size-medium_large wp-image-20659\" 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\/07\/Tendencies-Prices-EU-Haya-Energy-Solutions-1-768x171.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Tendencies-Prices-EU-Haya-Energy-Solutions-1-300x67.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Tendencies-Prices-EU-Haya-Energy-Solutions-1-1024x229.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Tendencies-Prices-EU-Haya-Energy-Solutions-1-1536x343.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Tendencies-Prices-EU-Haya-Energy-Solutions-1-2048x457.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 June 2026, electricity spot prices increased across most major European markets compared with the previous month. In the forward market, Power Cal\u201927 remained broadly stable overall, with moderate increases in most countries and average changes of around 1 \u20ac\/MWh. Overall, forward price levels shifted slightly upwards compared with those observed in May.<\/p>\n<p>France and Spain remained in the lower range of monthly average electricity prices, between 65 and 70 \u20ac\/MWh. France was the lowest-priced power market in the region, with an average price of 66.07 \u20ac\/MWh, despite an increase of around 14 \u20ac\/MWh compared with May. Spain ranked second, with an average price of 69.89 \u20ac\/MWh, also up significantly, by around 20 \u20ac\/MWh compared with the previous month.<\/p>\n<p>By contrast, the UK, Germany and Italy all recorded average monthly prices above 100 \u20ac\/MWh. Germany averaged close to 113 \u20ac\/MWh, the UK remained around 100 \u20ac\/MWh, and Italy stayed above 131 \u20ac\/MWh. Particularly noteworthy was the increase in Germany\u2019s monthly average price, which rose by around 20 \u20ac\/MWh compared with May. Italy also recorded an increase of around 10 \u20ac\/MWh, while the UK remained broadly stable relative to the previous month.<\/p>\n<p>Overall, June once again highlighted the wide divergence in spot prices across Europe, with Spain and France in a 65\u201370 \u20ac\/MWh range, while countries such as Germany and Italy remained at much higher levels, in some cases close to or above double that range.<\/p>\n<p>June was also a record month for solar PV output across several major European markets. New all-time daily highs for June were reached in Germany (489 GWh), France (183 GWh) and Italy (161 GWh). In the case of Spain, the record was even more significant, as the 267 GWh reached on 26 June was not only the highest solar output ever recorded for a day in June, but also the country\u2019s all-time daily solar generation record.<\/p>\n<p>On the gas side, average spot prices remained broadly stable around the 43\u201345 \u20ac\/MWh range across most markets. Compared with May, gas prices declined modestly across all countries. Gas Cal\u201927 also moved lower on a month-on-month basis 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. A more detailed review of the main developments during June and their impact on gas prices is provided in section 3.<\/p>\n<p>As for CO\u2082, prices increased from around 79 \u20ac\/t in May to 81 \u20ac\/t in June, extending the upward trend observed in the previous month. June was therefore bullish on average for the carbon market, although the ceasefire agreement triggered a partial correction towards month-end.<\/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=\"965\" height=\"1024\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Energy-Mix-Haya-Energy-Solutions-965x1024.png\" class=\"attachment-large size-large wp-image-20620 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\/07\/Energy-Mix-Haya-Energy-Solutions-965x1024.png 965w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Energy-Mix-Haya-Energy-Solutions-283x300.png 283w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Energy-Mix-Haya-Energy-Solutions-768x815.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Energy-Mix-Haya-Energy-Solutions-1448x1536.png 1448w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Energy-Mix-Haya-Energy-Solutions.png 1709w\" data-sizes=\"(max-width: 965px) 100vw, 965px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 965px; --smush-placeholder-aspect-ratio: 965\/1024;\" \/>\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>June 2026<\/strong>, total generation in France reached <strong>38,366 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; it represented 69.0% of June\u2019s energy mix. However, as temperatures moved well above seasonal norms mid-June, some nuclear plants operated at a reduced rate. Rising river temperatures triggered EDF warnings and actual environmental curtailments at plants including St Alban, Bugey, Blayais and Golfech. By late June, French nuclear curtailments reached around 6.4 GW, close to the 2019 record, forcing lower exports and more backup gas generation to cover the gap. Indeed, <\/span><strong style=\"font-size: 16px;\">CCGTs participation has increased <\/strong><span style=\"font-size: 16px;\">(2.4% in June vs 0.8% in May). The other main technologies have been solar PV, hydro and wind generation.<\/span><\/p>\n<p><strong>In the matter of renewable energy sources<\/strong>, the month began with easing sun and improved wind conditions, subsequently, high solar output was recorded around midday, but wind output was low. As you can see from the graph, <strong>solar production comes second in the total energy mix<\/strong>, representing a\u00a0<span style=\"font-size: 16px;\">11.3% out of the total production and first in the renewable energy category. Hydroelectric stocks have increased in the last month from 1,640 GWh at the end of May until 2,439 GWh by end June (figures until week 26 in RTE), with very low levels in comparison with the last 5 years stock level in the same period.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">\u00a0<\/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=\"1024\" height=\"457\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/French-Hydro-stocks-Haya-Energy-Solutions-1024x457.png\" class=\"attachment-large size-large wp-image-20623 lazyload\" alt=\"French Hydro stocks\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/French-Hydro-stocks-Haya-Energy-Solutions-1024x457.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/French-Hydro-stocks-Haya-Energy-Solutions-300x134.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/French-Hydro-stocks-Haya-Energy-Solutions-768x343.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/French-Hydro-stocks-Haya-Energy-Solutions-1536x686.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/French-Hydro-stocks-Haya-Energy-Solutions-2048x914.png 2048w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/457;\" \/>\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 were mainly driven by <strong>weather and renewable volatility<\/strong>. The month began with easing temperatures and improved wind conditions, but this relief was short-lived as a new heatwave pushed cooling demand sharply higher across France. Weak wind output, fading solar generation in evening hours and rising river temperatures created strong price spikes, while environmental constraints on French nuclear plants added another layer of tightness.<\/p>\n<p>June\u2019s average spot electricity price in France reached <strong>66.1 \u20ac\/MWh<\/strong>, a <strong>27% increase compared with May\u2019s average of 52.2 \u20ac\/MWh<\/strong>. As shown in the graph, prices fluctuated significantly throughout the month, with a minimum quarterly price of <strong>-53.0 \u20ac\/MW<\/strong><strong>h on 13 June<\/strong> and a maximum of <strong>433.4 \u20ac\/MWh on 24 June<\/strong>. Day-ahead prices frequently dropped to very low or near-zero levels around midday, with <strong>25 % of hours belo<\/strong><strong>w 5 \u20ac\/MWh<\/strong>, reflecting the increasing impact of solar generation. In contrast, peak hours experienced sharp price spikes, with <strong>21 % of hourly prices above 120 \u20ac\/MWh<\/strong>, likely reflecting periods when gas-fired generation was setting the marginal price.<\/p>\n<p>In terms of cross-border flows, <strong>France remained a net exporter<\/strong> across most interconnections. Hourly export levels exceeded 18 GW at peak during the month.<\/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\/07\/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: 2623px; --smush-placeholder-aspect-ratio: 2623\/1241;\" \/>\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 June, <strong>spot prices averaged 44.1 \u20ac\/MWh<\/strong>, <strong>decreasing by 5% compared to May 2026<\/strong>, with prices ranging between 40.3 \u20ac\/MWh and 50.2 \u20ac\/MWh. As can be seen from the graph, prices in June remained above those of May during the first half of the month, and the trend reversed in the second half of the month, before increasing towards the end of the month.<\/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=\"1024\" height=\"554\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-Prices-HayEnergySolutions-1024x554.png\" class=\"attachment-large size-large wp-image-20629 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\/07\/Gas-Prices-HayEnergySolutions-1024x554.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-Prices-HayEnergySolutions-300x162.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-Prices-HayEnergySolutions-768x416.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-Prices-HayEnergySolutions-1536x831.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-Prices-HayEnergySolutions-2048x1109.png 2048w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/554;\" \/>\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><span style=\"font-size: 16px; font-style: normal; font-weight: 400;\">Gas prices benefited from the <\/span><span style=\"font-size: 16px; font-style: normal; font-weight: bold;\">easing of geopolitical tensions<\/span><span style=\"font-size: 16px; font-style: normal; font-weight: 400;\">, but the market remained structurally uncomfortable. The prospect of a US\u2013Iran deal and the reopening of Hormuz helped unwind part of the premium, yet French and European fundamentals did not materially improve: storage levels remained low, LNG flows were still under pressure, and injections were not strong enough to close the gap versus last year. In the second half of the month, stronger gas <\/span><span style=\"font-size: 16px; font-style: normal; font-weight: bold;\">demand for power generation<\/span><span style=\"font-size: 16px; font-style: normal; font-weight: 400;\">, driven by weak wind and higher cooling demand, limited further downside and kept spot prices supported.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">EU gas stocks finished June at <\/span><strong style=\"font-size: 16px;\">48.9% full on average<\/strong><span style=\"font-size: 16px;\">, still below the <\/span><strong style=\"font-size: 16px;\">58.6% recorded at the same point in 2025<\/strong><span style=\"font-size: 16px;\">. This gradual refill reduced some immediate pressure, but the <\/span><strong style=\"font-size: 16px;\">storage deficit remains a key bullish risk ahead of next winter<\/strong><span style=\"font-size: 16px;\">. For France, this means that PEG prices are likely to remain sensitive to LNG availability, Norwegian supply, Asian demand and any renewed geopolitical escalation.<\/span><\/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=\"986\" height=\"1024\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Futures-Prices-France-Haya-Energy-Solutions-986x1024.png\" class=\"attachment-large size-large wp-image-20626 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\/07\/Futures-Prices-France-Haya-Energy-Solutions-986x1024.png 986w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Futures-Prices-France-Haya-Energy-Solutions-289x300.png 289w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Futures-Prices-France-Haya-Energy-Solutions-768x798.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Futures-Prices-France-Haya-Energy-Solutions.png 1231w\" data-sizes=\"(max-width: 986px) 100vw, 986px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 986px; --smush-placeholder-aspect-ratio: 986\/1024;\" \/>\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 June, <strong>French power futures showed an upward trend compared with May average prices<\/strong>, with the forward curve also rising throughout the month. Short-term products, including Jul-26, Aug-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>river-related nuclear constraints and higher gas prices.<\/strong> Q4-2026 also increased by 3.8% to 92.3 \u20ac\/MWh, while longer-dated contracts remained broadly stable, with Cal-2028 up 0.3% to 51.5 \u20ac\/MWh.<\/p>\n<p><strong style=\"font-size: 16px;\">Gas forwards in June decreased compared with May forwards<\/strong><span style=\"font-size: 16px;\">, while also showing mixed movements throughout the month. <\/span><strong style=\"font-size: 16px;\">Short-term contracts decreased by around 5% 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;\">. Gas prices benefited from the easing of geopolitical tensions, but the market remained structurally uncomfortable: storage levels remain low, LNG flows are still under pressure, and injections are not strong enough to close the gap versus last year.<\/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 markets<\/strong>\u00a0remained caught between policy support and industrial resistance. On the supportive side, the Commission\u2019s planned ETS review, the proposed \u20ac30bn \u201cETS Investment Booster\u201d and the strengthening of ETS2 price-stability tools reinforced the role of carbon markets in EU decarbonisation financing. However, the upcoming EU ETS review could reshape free allowances, industrial decarbonisation funding and the extension of carbon pricing to new sectors. France, alongside Germany, is pushing for more flexible \u201ccase-by-case\u201d adjustments to protect industrial competitiveness, while French industry remains sensitive to higher carbon costs in a weak economic environment EUA Dec-2026 increasing by 2.8% (76.2 \u20ac\/t).<\/p>\n<p><span style=\"font-size: 16px;\"><b>Oil markets<\/b> shifted from acute supply-risk pricing to a faster-than-expected unwinding of the geopolitical premium. At the start of the month, the blockage of the Strait of Hormuz kept physical constraints severe, with only a fraction of normal Gulf tanker flows escaping and several vessels reportedly hit. However, by late June, the resumption of vessel transits with AIS signals switched back on signalled a clear decline in risk perception, allowing Brent to slide back toward the mid-$70s despite still-fragile logistics.<\/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<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><\/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>Europe\u2019s gas storage situation remains the main structural vulnerability ahead of winter. Europe would need around <strong>70 bcm of LNG between May and October<\/strong> to refill storage at the same pace as last year, but this target looks difficult because the region entered the injection season with a significant delay versus 2025. The central scenario is therefore materially weaker: storage could reach only around <strong>70% by 1 November<\/strong>, well below the historical <strong>90% winter-security benchmark<\/strong> usually associated with comfortable security of supply. This means that even if regulatory flexibility allows lower targets in exceptional circumstances, Europe would still enter winter with a thinner safety buffer than usual.<\/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-876ec68 elementor-widget elementor-widget-image\" data-id=\"876ec68\" 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=\"1024\" height=\"734\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-storage-Haya-Energy-Solutions-1024x734.png\" class=\"attachment-large size-large wp-image-20632 lazyload\" alt=\"Gas-storage-Haya-Energy-Solutions\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-storage-Haya-Energy-Solutions-1024x734.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-storage-Haya-Energy-Solutions-300x215.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-storage-Haya-Energy-Solutions-768x551.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/07\/Gas-storage-Haya-Energy-Solutions.png 1110w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/734;\" \/>\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-36b984d elementor-widget elementor-widget-text-editor\" data-id=\"36b984d\" 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:\u00a0<\/em><span style=\"font-family: Aptos, sans-serif; font-size: 11pt;\">Entsog<\/span><\/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-1d8e22f elementor-widget elementor-widget-text-editor\" data-id=\"1d8e22f\" 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>The key issue is that global LNG supply may not be able to fully compensate for lost or reduced Gulf flows. Qatar and the UAE account for almost <strong>20% of global LNG trade<\/strong>, and any disruption from that region would only be partly offset by additional supply from North America, Russia, Congo or Mexico. Lower Asian LNG demand has helped ease the market so far, especially as China, Japan, South Korea and India have reduced imports, sometimes switching back toward coal. But this relief is fragile: a rebound in Asian cooling demand during summer could quickly tighten global LNG balances again, leaving Europe competing harder for cargoes precisely when it needs to accelerate injections.<\/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 - 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