4 FAQs about France s energy storage exports in the first quarter
Why did France export a record level of electricity in 2024?
In 2024, France exported a record level of electricity, thanks to abundant decarbonised power generation, according to a report published by the French power transmission system operator (TSO) RTE.
How much electricity does France export?
France has proudly reached a new historic peak in electricity exports, with a net balance of 89 terawatt-hours (TWh), surpassing the previous record of 77 TWh set in 2002. This performance highlights the resurgence of French electricity in European markets, thanks to predominantly low-carbon production.
How did France become a leader in Europe's electricity market in 2024?
In 2024, France solidified its role as a leader in Europe’s electricity market by achieving a historic milestone: net electricity exports of 89 TWh, over 90% of which were low-carbon. This success was driven by a rebound in nuclear power production, coupled with the growing contribution of renewable energy sources.
Is France a net exporter?
France was a net exporter 98% of the time, and totalled 101.3 TWh of exports to all its neighbours (compared to 12.3 TWh imported mainly from Spain, Germany and Belgium). In 2024, the average SPOT price declined to €58/MWh, down from €276/MWh in 2022 and €97/MWh in 2023), back to its pre-crisis level.