The ones who do well will be the ones who find new creative ways to make AI work for them, rather than against them. The invention of AI art doesn't mean the death of artists.īut artists will have to evolve. It's astonishing how good AI has gotten at generating art. One can notice that French prices (and spread to Germany) collapsed last Friday 21st of April, following the statement by EDF that they will not lower their 2023 target, and that this downward movement continued this week after the ASN validated EDF's repair schedule.

Now, in 2023, markets still seem concerned by issues on nuclear availability in France, a bit because of the new cracks that were found, but also by potential maintenance schedule delays following the strikes of the last few months. The risk did not materialize thanks to demand destruction and the absence of severe sustained cold spells. Markets saw a risk of shortage, leading to 4000€/MWh prices on the day-ahead exchange. In 2022, stress corrosion issues on nuclear fleets led to an increased risk of scarcity in France, explaining the widening of the spread (the price differential) between the two countries. Because of this heating, France is more prone to power shortages due to more severe cold spells than Germany. Why is this? For winter contracts, France is always at a premium to Germany because of the massive increase in power demand due to electrical heating in the hexagon (2500MW/☌). Today, a look at France German price spread for winter 2023 contractsĪfter more than a year of madness, markets are returning to 'normal' with concerns of gas shortage easing, leading Germany Clean Spark Spread (CSS) to return to standard levels.īut France remains at a very high premium and does not want to go back to 'cruising' mode.

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