Commodity market report
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22 Pages

France power markets long-term outlook H2 2014

France power markets long-term outlook H2 2014

Report summary

France's power market is dominated by nuclear power - the legacy of the major programme of reactor construction undertaken during the 1970's with the objective of reducing the country's dependence on foreign fuel imports. France is now in the process of developing a new generation of nuclear reactors, with the commencement, at the end of 2007, of construction on a 1,600 MW plant at Flamanville - employing so called Generation III+ PWR technology. 

What's included?

This report includes 2 file(s)

  • France power markets long-term outlook H2 2014 PDF - 436.30 KB 22 Pages, 5 Tables, 14 Figures
  • France Power H2 2014.xls XLS - 764.50 KB


The power sector is rapidly transitioning to a cleaner generation mix supported by technological and regulatory changes. Regional markets and structures are adjusting to these new realities with implications on fuel demand, commodity pricing and asset values.

This Power Markets Long Term Outlook report provides a detailed analysis of supply, demand and price fundamentals, as well as the regulatory and market issues affecting regional power markets.

Use this report to examine key issues driving regulatory and economic trends and identify future growth opportunities in regional power markets.

Wood Mackenzie's detailed analysis and reliable market forecasts give you a strong foundation for your investment decisions and corporate planning. Our experienced power research analysts use high-quality proprietary gas, coal and oil markets research to help you unlock power market fundamentals and identify future growth opportunities.

  • Executive summary
    • Nuclear continues to dominate despite policy uncertainty
      • Power supply by source
    • Policy on energy transition edges forward
    • Flexible supply delivered by capacity mechanism
    • Renewable targets beyond the reach of the power sector in 2020
  • Economic outlook
    • GDP forecast - France
  • Market structure
    • French power network
  • Policy and regulation
    • Key bodies, legislation & targets
    • Maintaining adequate supply at peak
    • Renewables incentives
      • Feed-in tariffs
        • Feed-in tariff levels by technology (as of November 2013)
        • Energy policy reform
  • Demand
    • Forecast power demand by sector
      • Residential demand
      • Industrial demand
      • Commercial/other demand
      • Energy industries
      • Losses
  • Supply
    • Existing capacity
    • Capacity developments and forecast
      • Gas
      • Renewables
      • Coal and oil
    • Overall capacity and peak margins
      • Total capacity by fuel
  • Supply-demand balances
    • Annual generation by source
      • Generation by source
      • Changes in power supply between forecasts
      • Renewable power generation target and forecast (excluding hydro)
  • Trade
    • Europe's largest exporter of power maintains its role
      • Net exports
    • Nuclear policy risk to cross-border flows
  • Prices
    • Annual wholesale power prices
      • Annual wholesale price
      • Spark and dark spread - fuel and emissions

In this report there are 19 tables or charts, including:

  • Executive summary
    • Executive summary: Image 1
  • Economic outlook
    • Economic outlook: Table 1
    • Economic outlook: Image 1
  • Market structure
    • Market structure: Table 1
  • Policy and regulation
    • Policy and regulation: Table 1
    • The liberalisation of France’s gas and power markets has been progressed largely in line with EU Directives, although a number of deadlines for key milestones in market opening were missed along the way, prompting threats of legal action from the European Commission. From July 2004, the gas and power markets were open to competition in all end-user sectors, with the exception of the residential market, with full market opening occurring from July 2007. Still, the markets continue to be dominated by the respective incumbents, not least because these suppliers have been able to continue to offer regulated tariffs.
    • Policy and regulation: Table 3
  • Demand
    • Power demand by sector
  • Supply
    • Existing capacity
    • Forecast new capacity
    • Supply: Image 3
    • Generation capacity and peak demand
    • Reserve margin
  • Supply-demand balances
    • Supply-demand balances: Image 1
    • Supply-demand balances: Image 2
    • Supply-demand balances: Image 3
  • Trade
    • Trade: Image 1
  • Prices
    • Prices: Image 1
    • Prices: Image 2
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