French Power at Record Discount to Germany on Cheap Nuclear
French year-ahead power prices traded at a record discount to those in Germany, underlining France's strong nuclear generation and its neighbor's continued reliance on gas.
French power futures for 2026 are about 27% cheaper than the equivalent contract in Germany, according to data from European Energy Exchange. Nuclear power output in France reached its highest level since 2019 this month, pushing down futures to a three-year low.
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