France will break all records for electricity prices this Monday. wholesale market would be closer to 3,000 euros per megawatt hour (MWh) In two time intervals—between seven and eight in the morning and between eight and nine in the morning—a threshold for which there is no precedent. About half of the nuclear reactors shut down and an unexpected cold wave at this time of year, the manager of the French electricity network (Reso de Transport d’Electricité, Rte) has issued an orange alert calling on citizens and companies to reduce consumption as much as possible, especially first thing in the morning.
The second largest electrical system in Europe, after only the German one, will undergo one of the most important moments in its recent history this Monday. RTE accepts that the network is in a “stressed state”. “Eco-gestures from citizens are welcome,” said a statement published this Saturday. The average daily price of electricity will increase to 551 euros per MWh, About 200 more than in Italy, more than double in spain And seven times more than in Germany, French consumers, however, won’t notice it in the short term: whatever happens, Emmanuel Macron’s government – which goes to the polls next Sunday – has promised that electricity will be no more than 4% expensive in 2022. Public-private power company Electricité de France (EDF) is absorbing that distinction between the wholesale and retail markets.
3,000 MW cushion
At 9 a.m. Monday, French officials estimate consumption will be around 73,000 megawatts (MW). Production, for its part, will remain around 65,000 MW and imports will reach 11,000 MW. In this way, the buffer between supply and demand would be only 3,000 MW.
Despite refusing to cut supply, the electricity manager has asked to “moderate” demand between 7 am and 10 am, as well as bring programmable consumption (such as putting on a washing machine or dishwasher) by Sunday . “Everyone can help with simple actions: lowering the temperature of your home when you’re not there, turning off your appliances completely to support or reduce The number of lights in a room”, he cites. “These gestures can have a real effect: if all French people switch off one light bulb, there will be a savings of 600 megawatts, almost the same as the consumption of a city like Toulouse. [la cuarta urbe más poblada del país, con casi medio millón de habitantes],
Higher demand pressures due to expected low temperatures, much lower than normal for April 4, will temporarily coincide with a factor that has been stressing supply for weeks: the loss of a large part of the largest nuclear park in the old continent. Maintenance—nearly half of its 56 nuclear reactors are out of service—. This combination of factors would force France to increase its imports of electricity from other neighboring countries such as Germany, Spain or the United Kingdom.
He knows all the sides of the coin deeply.