Commodities
French Power Export Curbs Could Boost Prices for Neighbors
- Grid operator RTE expects exports to Italy to be affected most
- Issues could boost price spreads between France and neighbors
Lights on inside homes in Septemes-les-Vallons, France.
Photographer: Jeremy Suyker/BloombergThis article is for subscribers only.
French electricity grid limitations will constrain power exports from Monday for more than two months, threatening higher prices in neighboring countries.
The curbs that run until October will impact exports to Belgium, Germany, Switzerland and Italy. Similar limitations this spring led to record spreads between France’s day-ahead power price and its neighbors.