Why the May Bridges Cause Electricity Prices to Plunge

Sun in the zenith, deserted offices: low demand in terms of production caused the wholesale electricity market to waver. For the first time since July 2024, French prices went to negative territory at the beginning of May. No one at the office or factory, long weekends and mild days, sunny with a still strong breeze. Demand in the dark and a much larger production. As a result: on 10 May, the average daily price of electricity was set at -1.05 e…