Good news for the French economy.

At the start of 2023, France has again become, for the first time in months, a net exporter of electricity.

A performance due in particular to a mild winter, good wind production and EDF's efforts to reconnect nuclear reactors.

“Since January 1, the net balance of electricity exports has amounted to 1.4 terawatt hours (TWh),” the manager of the high and very high voltage network, RTE, told AFP on Tuesday.

This balance is equivalent to the power consumed over one year by 450,000 households.

The "upturn" in nuclear production, the mild winter which avoids pushing the heating and favorable winds for wind power production mean that France is starting to export more electricity to its European neighbors than it imports, at the less temporarily.

“We have the impression that we have changed the world,” summarized Nicolas Goldberg, energy expert at Colombus Consulting, to AFP.

"Extremely low consumption, wind turbines which produce at full capacity and nuclear power which produces within the average forecast by RTE, all this means that we are a net exporter of electricity and that no one is talking about power cuts anymore", explains- he.

Thank you wind

When parliamentarians adopted at first reading on Tuesday evening a bill to accelerate the development of renewable energies and catch up with a crying delay compared to European neighbors, "wind energy also shows that it brings a small service in winter “says Nicolas Goldberg.



In detail, France has resumed, according to RTE, with net exports from the first week of the Christmas holidays, i.e. the complete opposite of 2022. With historically low nuclear production estimated in a range of 275-285 TWh in 2022 , France had been a net importer of electricity for most of the year (except February, May and from the end of December), which had not happened for 42 years.

Historically the leading electricity exporting country in Europe, France had to import it from Spain, Germany or the United Kingdom to avoid cuts.

Caution is advised

Nuclear power should however "decrease again from February" 2023, noted RTE at the end of December, while six reactors will have to be shut down in 2023 for corrosion sites.

“You can be enthusiastic, but you have to be careful,” underlines Nicolas Goldberg.

"All of this can turn around quite quickly, if in February there is little wind and a cold snap", warns the analyst.

France will then have to draw on its gas stocks to produce electricity and would approach winter 2023-2024 with less margin.

In the meantime, the drop in electricity consumption is confirmed by the latest measurements published Tuesday evening by RTE.

Last week, consumption fell by 8.9% compared to the average for previous years (2014-2019) over the same period, according to figures as of January 8, restated for calendar and weather effects.

A decline which is also maintained on the natural gas side: excluding electricity production from gas, French consumption fell by 16.6% between August 1 and January 8, according to GRTgaz.

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