French Power Financial Base Futures

Energy · Monthly series · CM-FNB1.ICEENDEX

Latest, October 2026

229.76 EUR/MWH

+51.0% from September 2026

Open interactive chartFrench Power Financial Base Futures in the app

759.1349.8-59.58November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 130.83 EUR/MWH, with an 80% interval of -39.42 EUR/MWH to 759.12 EUR/MWH.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026240.39 EUR/MWH135.51 EUR/MWH383.42 EUR/MWH
December 2026218.46 EUR/MWH35.43 EUR/MWH526.55 EUR/MWH
January 2027181.66 EUR/MWH-59.58 EUR/MWH696.95 EUR/MWH
February 2027128.63 EUR/MWH15.64 EUR/MWH454.58 EUR/MWH
March 2027104.36 EUR/MWH-10.24 EUR/MWH467.68 EUR/MWH
April 202793.77 EUR/MWH-28.72 EUR/MWH480.13 EUR/MWH
May 202787.83 EUR/MWH-44.29 EUR/MWH522.75 EUR/MWH
June 202797.72 EUR/MWH-13.62 EUR/MWH483.55 EUR/MWH
July 202797.51 EUR/MWH-37.75 EUR/MWH581.67 EUR/MWH
August 2027109.73 EUR/MWH-22.69 EUR/MWH587.08 EUR/MWH
September 2027121.50 EUR/MWH-33.09 EUR/MWH698.79 EUR/MWH
October 2027130.83 EUR/MWH-39.42 EUR/MWH759.12 EUR/MWH

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+7%Matches the no-change baseline over 7 tests (7 tests, 5 won)
Direction
60%No clear edge over a coin flip (50 of 84 calls right in 7 tests)
Turning points
7 of 32Anticipated some turns (32 turns in 7 tests, 0 without a turn)
Error vs baseline
7% lowerError ratio 0.93; 1.00 is a tie.
Tests won
5 / 7Complete rolling backtests; ties count as no win.
Test period
2019-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
86%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 92% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026229.76 EUR/MWH
September 2026152.12 EUR/MWH
August 2026129.90 EUR/MWH
July 2026103.34 EUR/MWH
June 202679.51 EUR/MWH
May 202638.31 EUR/MWH
April 202618.97 EUR/MWH
March 202642.31 EUR/MWH
February 202641.75 EUR/MWH
January 202694.69 EUR/MWH
December 202582.50 EUR/MWH
November 202560.28 EUR/MWH
October 202559.81 EUR/MWH
September 202555.94 EUR/MWH
August 202548.85 EUR/MWH
July 202552.10 EUR/MWH
June 202548.05 EUR/MWH
May 202528.24 EUR/MWH
April 202529.07 EUR/MWH
March 202550.82 EUR/MWH
February 202576.33 EUR/MWH
January 2025124.74 EUR/MWH
December 2024104.25 EUR/MWH
November 202494.10 EUR/MWH

Source

Data: public market data feeds.

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