France logs record 800 hours of zero or negative electricity prices
France recorded roughly 800 hours of zero or negative electricity prices in 2026, more than double the 359 hours in 2024. Spot prices hit about -€498/MWh on May 1, 2026, driven by low holiday demand and inflexible nuclear output.
- About 800 zero-or-negative price hours in 2026 vs 359 in 2024 and 147 in 2023
- Lowest point on May 1, 2026: roughly -€498/MWh
- Export capacity fell to about 8 GW from about 10 GW a year earlier
- Average daily spot spread reached €214/MWh in September 2026
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