CRE publishes the second Quarterly bulletin on activity on the French wholesale electricity market - 1st Quarter 2026

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As part of its mission to monitor the wholesale energy markets, CRE analyses activity on the wholesale electricity markets, based in particular on the data reported by market participants under the REMIT regulation. To support the development of wholesale electricity markets and increase their transparency, particularly in the context of the end of Regulated Access to Incumbent Nuclear Electricity (Accès Régulé à l’Electricité Nucléaire Historique - ARENH), CRE publishes indicators on market activity in this document.

Key insights for the first quarter of 2026

The significant growth in wholesale market activity is confirmed and accelerating in the first quarter of 2026. Trading volumes during this period reached 597 TWh, representing an increase of +28% compared to the first quarter of 2025, and +9% compared to the fourth quarter of 2025.

Longer-term maturities from Y+3 onwards are being traded less than in the fourth quarter of 2025, reflecting the weaker start to trading on these maturities at the beginning of the year, a pattern already observed in previous years.

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