ANNUAL RESULTS 2020
Strategy and
investments
ESG
Renewables
Regulated
France - Generation and
supply
Consolidated sales
Operational data and markets
AVERAGE SPOT PRICES IN Q1 2021
73.2€/MWh
+ 35.1€/MWh (1)
1.3TWh
+0.7TWh (2)
5.6TWh
+1.9TWh (2)
45.2€/MWh
+10.3 €/MWh (1)
2.6TWh
-1.6TWh (2)
50.6€/MWh
+ 20.1€/MWh (1)
49.6€/MWh
50.9€/MWh
+ 23.0€/MWh (1)
+ 20.8€/MWh (1)
CWE (3)
6.9TWh
+2.6TWh (2)
3.2TWh
-0.8TWh (2)
53.0€/MWh
+ 23.6€/MWh (1)
1.0 TWh
-0.3TWh (2)
5.3TWh
-1.1TWh (2)
0.2TWh
+0.2TWh (2)
3.0TWh
+1.8TWh (2)
4.2TWh
-1.7TWh (2)
(1) Change relative to average Q1 2020 prices
(2) Trade (Source: RTE & ENTSO-E Transparency Website)
(3)
Introduction of flow-based coupling mechanism from 21 May 2015 for the entire CWE (France, Benelux, Germany)
eDF SALES FIRST QUARTER 2021
59.9€/MWh
+ 20.3€/MWh (1)
The increase resulted from three combined
factors:
• A rise in demand, stemming from the
decrease in average temperatures
compared with Q1 2020 and the sharp
decline in demand in March 2020 following
the lockdown;
A rise in gas spot prices, owing to lower
inventories and strong demand in Asia,
with a cold winter and a confirmed
economic recovery;
• A decrease in wind generation in France
and, more broadly, Europe.
The coupling of the markets has enabled a
certain degree of price convergence, though
still limited by available capacities at borders
Average prices on electric power exchanges in
Q1 2021:
• EPEXSPOT: France and Germany
⚫ N2EX: United Kingdom
⚫ OMIE: Spain
• GME: Italy (Prezzo Unico Nazionale)
. APX: The Netherlands
•
BELPEX: Belgium
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