Electricity prices in France 2024

In 2024, the average wholesale day-ahead electricity price in France was € 0.0582 /kWh (▼40% vs 2023). Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
€ 0.0582 /kWh
Cheapest month
May 2024
€ 0.0273 /kWh
Most expensive month
November 2024
€ 0.1006 /kWh
2023 average
€ 0.0970 /kWh
▼ 40%
€ 0.1006€ 0.0273010203040506070809101112January 2024: € 0.0767 /kWhFebruary 2024: € 0.0585 /kWhMarch 2024: € 0.0539 /kWhApril 2024: € 0.0286 /kWhMay 2024: € 0.0273 /kWhJune 2024: € 0.0379 /kWhJuly 2024: € 0.0473 /kWhAugust 2024: € 0.0546 /kWhSeptember 2024: € 0.0524 /kWhOctober 2024: € 0.0626 /kWhNovember 2024: € 0.1006 /kWhDecember 2024: € 0.0982 /kWh

Monthly breakdown — 2024

Month€/MWh€/kWhMW
January 2024€ 76.70€ 0.076763,721
February 2024€ 58.46€ 0.058555,905
March 2024€ 53.88€ 0.053952,243
April 2024€ 28.62€ 0.028647,219
May 2024€ 27.30€ 0.027341,391
June 2024€ 37.88€ 0.037941,401
July 2024€ 47.35€ 0.047342,689
August 2024€ 54.62€ 0.054641,203
September 2024€ 52.36€ 0.052442,140
October 2024€ 62.64€ 0.062645,204
November 2024€ 100.62€ 0.100653,666
December 2024€ 98.21€ 0.098260,675

France operates the world's most nuclear-intensive electricity grid: 56 reactors generate around 65% of national supply, plus 12% from hydropower and a fast-growing 14% from wind and solar. RTE, the state TSO, manages the single FR bidding zone — the largest synchronous bloc in Europe. The 2022 fleet-wide stress-corrosion crisis cut nuclear output to a 30-year low, briefly making France a net importer; capacity has since recovered.

Day-ahead clearing happens on EPEX SPOT Paris. The 2024 multi-annual energy plan calls for 6 new EPR2 reactors plus ambitious 100 GW solar and 40 GW offshore wind by 2050.

France is electrically coupled to Germany, Belgium, the Netherlands, the UK (via 4 GW HVDC), Italy, Spain, and Switzerland — making it the largest power exporter in the EU during low-demand periods. Heating is dominated by direct electric resistance, which makes winter cold spells the dominant driver of peak demand.

Current electricity prices in France