Electricity prices in France stabilized just below €500/MWh, down from August's unprecedented levels of above €1,100, as the country's government stepped up efforts to curb surging energy prices. Energy Minister Agnes Pannier-Runacher has recently announced a draft law to streamline bureaucracy for administrative permits needed to build new nuclear power plants with the aim of allowing France to get out of foreign dependence on electrical energy and ease the pain of Europe's energy crisis. France is contending with its worst nuclear outages in decades after Électricité de France SA extended shutdowns of several key nuclear reactors due to corrosion problems while drought curbed hydroelectric production. Elsewhere, Prime Minister Elisabeth Borne had announced in September an extension to price controls introduced after Russia's invasion of Ukraine by capping an increase in natural gas and electricity prices at 15% starting early next year.

Electricity Price in France averaged 62.94 EUR/MWh from 2004 until 2022, reaching an all time high of 743.84 EUR/MWh in August of 2022 and a record low of -6.51 EUR/MWh in April of 2020. This page includes a chart with historical data for France Electricity Price. France Electricity Price - data, forecasts, historical chart - was last updated on December of 2022.

Electricity Price in France is expected to be 476.11 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Electricity Price is projected to trend around 810.93 EUR/MWh in 2023 and 1003.48 EUR/MWh in 2024, according to our econometric models.

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France Electricity Price

Price Day Month Year
UK Electricity 542.20 -5.54 -1.01% 65.68% 78.37%
Germany Electricity 281.92 -57.28 -16.89% 57.90% 43.65%
France Electricity 452.71 7.46 1.68% -6.66% 150.50%
Spain Electricity 127.62 -22.45 -14.96% 4.70% -43.57%
Italy Electricity 385.22 -3.42 -0.88% 189.81% 32.56%

France Electricity Price
Electricity prices displayed in Trading Economics are current spot benchmarks offered by sellers to buyers priced in megawatts per hour (MWh) in the local currency. Our electricity prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
260.47 259.90 743.84 -6.51 2011 - 2022 EUR/MWh Daily