S'abonner

France achieves record electricity exports in 2024

In 2024, France reaches an unprecedented level of electricity exports in 22 years, supported by increased nuclear and hydropower production and moderated domestic demand. A strategic success in the European energy market.

Share:

France presents an exceptional energy balance in 2024, positioning itself as a European leader in electricity exports. This performance is based on a significant increase in national production, supported by favorable conditions across several energy sectors.

Strong progress in energy production

The French nuclear fleet, following years of maintenance and modernization, has regained significant availability. With a capacity forecasted to reach 50 gigawatts (GW) by January 2025, nuclear plants have strengthened their contribution to the electrical grid, meeting domestic demand while supporting exports.

Meanwhile, hydropower production hit an impressive peak of 62 terawatt-hours (TWh) by the end of October 2024, marking a 40% increase compared to the previous year. This record is attributed to abundant rainfall and optimized water storage management.

Natural gas reserves, filled ahead of the winter season, also ensure additional thermal flexibility to balance peak demand and support trade with neighboring countries.

Declining domestic consumption

Simultaneously, electricity consumption in France continues to decrease. In 2024, it fell by 6% compared to the average for the five years preceding the COVID-19 pandemic.

This reduction is driven by energy sobriety efforts adopted by households and businesses, as well as investments in more energy-efficient equipment. Modernized infrastructure and the adoption of new technologies also contribute to this decline in domestic demand.

France as the European leader in exports

In 2023, France had already established itself as the leading net electricity exporter in Europe, with a balance of 50.1 TWh. This trend continues in 2024, with net exports rising to 42 TWh in the first half of the year, compared to 13 TWh in the same period of 2023.

European neighbors, notably Germany, Italy, and Spain, have heavily relied on French electricity imports to offset their own production limits. This growing dependence reflects challenges faced by some countries in maintaining stable output from fossil or intermittent energy sources.

Strategic challenges to monitor

This dynamic offers opportunities but also poses challenges for the French energy sector. On one hand, exports strengthen France’s energy competitiveness and help limit price volatility for industrial consumers.

On the other hand, excessive dependence by European neighbors on French exports could become problematic in the event of climatic or technical disruptions impacting national production. Diversifying sources and rigorous planning will be essential to ensure the resilience of the electrical system in the long term.

  • Populaires ​
Czech Republic hit by massive power outage disrupting the economy
Donald Trump significantly increases US tax credits for carbon capture
EDF postpones Calvados wind farm to 2027 due to faulty drilling tool
Gabon reactivates deep offshore blocks to stem oil decline
Egypt accelerates El-Dabaa national grid connection for 2026
Trump law reshapes US energy markets according to Wood Mackenzie
US President Donald Trump's One Big Beautiful Bill Act dramatically changes energy investment rules, imposing restrictions on renewables while favouring hydrocarbons, according to a recent report by consultancy firm Wood Mackenzie.
The French Senate adopts the Gremillet bill for energy transition
On July 8, 2025, the Senate validated the Gremillet bill, aimed at structuring France's energy transition with clear objectives for nuclear power, renewable energies, and energy renovation.
Latin America’s six largest economies accelerate transition to renewables
Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
Canada funds 13 Indigenous energy projects with $40mn investment
The Canadian government announces an investment of more than $40mn to fund 13 energy projects led by Indigenous communities across the country, aiming to improve energy efficiency and increase local renewable energy use.
Germany extends electricity price aid to 2,200 companies
The German Ministry of Economy plans to significantly expand aid aimed at reducing industrial electricity costs, increasing eligible companies from 350 to 2,200, at an estimated cost of €4bn ($4.7bn).
France anticipates significant slowdown in emission reductions starting in 2025
French greenhouse gas emissions are expected to rise by 0.2% in the first quarter of 2025, indicating a global slowdown in reductions forecast for the full year, according to Citepa, an independent organisation responsible for national monitoring.
U.S. Senate Approves Accelerated End to Renewable Energy Tax Credits
The Republican budget bill passed by the U.S. Senate accelerates the phase-out of tax credits for renewable energies, favoring fossil fuels and raising economic concerns among solar and wind industry professionals.
Brazil: renewable energy curtailment to jump by 300% by 2035
Rapid growth in solar and wind capacities will lead to a significant rise in electricity curtailment in Brazil, as existing transmission infrastructure remains inadequate to handle this massive influx of energy, according to a recent study by consulting firm Wood Mackenzie.
South Korea reduces its dependence on fossil fuels below 50%
In April 2025, fossil fuels represented 49.5% of South Korea's electricity mix, dropping below the symbolic threshold of 50% for the first time, primarily due to a historic decline in coal-generated electricity production.
US Senate adopts tax neutrality for advanced biofuels
The US Senate Finance Committee modifies the '45Z' tax credit to standardize the tax treatment of renewable fuels, thereby encouraging advanced biofuel production starting October 2025.
Renewable energy: access improving, but financing still insufficient for Africa
According to the 2025 report on global energy access, despite notable progress in renewable energy, insufficient targeted financing continues to hinder electricity and clean cooking access, particularly in sub-Saharan Africa.
China and the United States improve their energy performance in an unstable global context
While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.
Algeria and Angola strengthen energy cooperation at US–Africa summit
On the sidelines of the US–Africa summit in Luanda, Algiers and Luanda consolidate their energy collaboration to better exploit their oil, gas, and mining potential, targeting a common strategy in regional and international markets.
UK urged to accelerate electricity price reforms
The UK's Climate Change Committee is urging the government to quickly reduce electricity costs to facilitate the adoption of heat pumps and electric vehicles, judged too slow to achieve the set climate targets.
Brussels expands subsidies for low-carbon technologies and nuclear power
The European Commission will extend until the end of 2030 an expanded state-aid framework, allowing capitals to fund low-carbon technologies and nuclear power to preserve competitiveness against China and the United States.
Japan Faces Major Electricity Shortfall of 89 GW by 2050
Japan's grid operator forecasts an energy shortfall of up to 89 GW by 2050 due to rising demand from semiconductor manufacturing, electric vehicles, and artificial intelligence technologies.
EU Approves Targeted Energy Aid for Europe’s Heavy Industries
Energy-intensive European industries will be eligible for temporary state aid to mitigate high electricity prices, according to a new regulatory framework proposed by the European Commission under the "Clean Industrial Deal."
Mauritius launches international tender for floating power plant
Mauritius seeks international investors to swiftly build a floating power plant of around 100 MW, aiming to secure the national energy supply by January 2026 and address current production shortfalls.
Spain and Portugal Strengthen Networks Following April Blackout
Madrid announces immediate energy storage measures while Lisbon secures its electrical grid, responding to the historic outage that affected the entire Iberian Peninsula in late April.
Indonesia Commits 190 Billion USD to Expand Energy Capacity by 2034
Indonesia has unveiled its new national energy plan, projecting an increase of 69.5 GW in electricity capacity over ten years, largely funded by independent producers, to address rapidly rising domestic demand.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING