France sets electricity export record with 89 TWh in 2024

In 2024, France achieved an unprecedented net electricity export level of 89 TWh, driven by a restored nuclear production and strengthened renewable performance.

Partagez:

France achieved a major milestone in the European energy market in 2024, with net electricity exports reaching 89 terawatt-hours (TWh). This figure, shared by Thomas Veyrenc, Executive Director of Economy, Strategy, and Finance at RTE, far exceeds the previous record of 2002, solidifying France’s role as a key energy player in Europe.

Significant improvement in nuclear production

Nuclear production was pivotal to this success. Following a historic low of 279 TWh in 2022, EDF (Électricité de France) progressively restored its capacity, reaching between 358 and 364 TWh in 2024. This recovery was supported by the commissioning of the Flamanville EPR in December, enabling France to bolster its energy supply in the market.

The role of renewable energies

In addition to nuclear, renewable energies contributed to this momentum. Exceptional hydropower production, along with the continued expansion of wind and solar power, helped diversify energy sources and meet regional demand effectively.

Exports to strategic European markets

Key trading partners benefited from these massive exports. Germany and Belgium recorded a combined net surplus of 27.2 TWh, followed by Italy (22.3 TWh), the United Kingdom (21 TWh), Switzerland (16.7 TWh), and, to a lesser extent, Spain (2.8 TWh). These cross-border flows reflect France’s competitiveness in the European energy market.

Challenges in domestic consumption

However, these export achievements also highlight a structural weakness: domestic electricity consumption remains low. The necessary energy transitions to replace fossil fuels with electric solutions are progressing slowly, hindering long-term decarbonization goals.

With stagnant domestic consumption and growing export capacity, France will need to balance its priorities to maintain its market position while addressing energy transition challenges.

The preliminary agreement launches planning and site assessment for a tailored AP1000 reactor, following two years of feasibility study, and enlists Westinghouse and Hyundai to support Fortum’s regional nuclear expansion.
Donald Trump's unprecedented decision to dismiss Christopher Hanson, a member of the NRC, provokes outrage among former federal officials and raises concerns over the regulatory independence of the U.S. nuclear sector.
Uranium Energy Corp strengthens its position in Anfield Energy Inc., now holding approximately 32.4% of the company’s shares following an investment of CAD19.55mn ($14.82mn), significantly expanding its strategic influence in the uranium market.
New York State plans an advanced nuclear power plant with a 1-gigawatt capacity to meet long-term energy and economic goals, involving significant investment to enhance regional energy independence.
Niger announces its intention to nationalize SOMAÏR, a mining company jointly owned with Orano, provoking strong opposition from the French company and paving the way for further international legal tensions.
Russia strengthens its economic presence in Mali with new agreements, notably in nuclear energy and gold refining, consolidating strategic cooperation within a rapidly evolving geopolitical context.
The US government grants a fourth payment of $100.45 mn to Holtec International to restart the Palisades Nuclear Plant, pending regulatory approval, marking an unprecedented event in the United States.
EDF announces a major agreement with Apollo to raise up to £4.5 billion via bonds to finance the British nuclear project Hinkley Point C, whose costs continue to rise significantly.
The Élysée proposes Anne-Isabelle Étienvre, current Director of Fundamental Research at the CEA, as General Administrator to replace François Jacq, recently appointed President of CNES.
Greek Prime Minister Kyriakos Mitsotakis has announced his country's interest in small modular nuclear reactors to meet national energy challenges and decarbonize the maritime sector within the next fifteen years.
TerraPower, an American nuclear company, secures $650 million funding from investors, including NVIDIA, to develop its Natrium modular reactors in the United States and internationally.
EDF and the French state finalize a €70 billion financing plan for six EPR2 nuclear reactors, including a specific territorial coordination framework in Gravelines led by Michel Marbaix, awaiting European approval by 2026.
Maire S.p.A and Newcleo form strategic partnership to industrialise the development of 200 MW modular nuclear power plants, via a joint venture majority-owned by Nextchem.
A new European consortium launches the design of a small lead-cooled modular reactor, targeting global commercialisation by 2039, with a demonstration scheduled as early as 2035.
Uranium spot price hits its highest level of 2025 following a significant fundraising announcement by a specialized Canadian investment fund, prompting vigorous trading and strong reactions in the international market.
Slovak Prime Minister Robert Fico announced being close to an intergovernmental agreement with Washington for Westinghouse to build a 1,250-megawatt nuclear reactor at the Jaslovske Bohunice site.
EDF confirms two micro-cracks on reactor number 2 at Civaux, caused by corrosion and thermal fatigue, resulting in a minor delay in restart without threat to overall production.
Indonesian President Prabowo Subianto will meet Vladimir Putin in Saint Petersburg this week to discuss civil nuclear cooperation, defence, and security, marking a significant milestone in their bilateral economic and strategic relations.
Ukraine's Zaporizhzhya Nuclear Power Plant remains immobilised by armed conflict, dependent on a single fragile power line and groundwater wells to cool its reactors, according to the International Atomic Energy Agency (IAEA).
Russia declares itself ready to retrieve and transform Iran’s excess nuclear materials into fuel, a proposal aimed at easing tense nuclear negotiations between Iran and the United States.