French day-ahead power price slumps as wind output climbs
The French day-ahead baseload power contract fell 47.8% to €80/MWh, as wind supply was expected to jump and demand to ease, Reuters reported.
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what happened
According to Reuters, the French day-ahead baseload power contract dropped 47.8% to €80 per megawatt-hour at 07:47 GMT. The decline was driven by an expected jump in wind power supply in France on Friday, while electricity demand is forecast to fall.
why it matters
A sharp drop in spot power prices usually reflects an excess of cheap generation during specific hours. For markets, it shows how weather and demand shape short-term pricing in European power.
market impact
French power prices: surplus wind generation pressures day-ahead spot prices
tags
instruments
sources
- French spot contract falls on rising wind output — Reuters, 22 October 2026 at 07:45 UTC
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