French power prices jump over 20% as heatwave tightens supply
French power prices jump over 20% as heatwave tightens supply
Tue, August 11, 2026 at 7:53 AM UTC
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Aug 11 (Reuters) - French day-ahead power prices surged 20.5% on Tuesday to €141 ($162,67)/megawatt hour, LSEG data showed, as a heatwave tightened supply and drove up cooling demand.
Further curtailments on French nuclear power are expected on Wednesday as temperatures country continue to rise, reducing power supply and increasing demand.
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Day-ahead consumption was seen up 1.6 gigawatts to 46.4 GW as the average temperature in the country is forecast at 28.8 degrees Celsius (83.84 degrees Fahrenheit) for Wednesday, 7.4C above normal, LSEG data showed.
($1 = 0.8668 euros)
(Reporting by Hugo Lhomedet; Editing by Emelia Sithole-Matarise)
Source: “AOL Money”
