POWER: German, French Spot Power Indices Fall
Oct-29 12:00
The German and French spot power indices declined with higher wind generation and slightly lower demand weighing on the German market, while improved nuclear availability is weighing on the French market.
- The German spot power index declined to €69.41/MWh, compared with €87.72/MWh in the previous session.
- The German day-ahead peak load on the Epex Spot settled at €61.81/MWh, compared with €98.07/MWh the day before.
- German wind output is forecast at 30.51GW during base load on Thursday, from 24.95GW on Wednesday.
- German gas demand for residential and commercial consumers is forecast at 80.7mcm/d on Thursday, from 78.9mcm/d on Wednesday.
- Power demand in Germany is forecast at 58.18GW on Thursday, down from 58.71GW on Wednesday.
- Residual load in Germany is forecast at 18.42GWh/h on Thursday, from 25.16GWh/h on Wednesday.
- The French spot power index cleared at €53.26/MWh, compared with €83.40/MWh the day before.
- The French day-ahead peak load on the Epex Spot settled at €59.95/MWh, compared with €94.65/MWh in the previous session.
- French nuclear reactor availability increased to 76% of capacity as of Wednesday morning, up from 73% on Tuesday.
- French nuclear availability is forecast at 47.68GWh/h on Thursday, stable on the day.
- Wind output in France is forecast at 5.77GW during base load on Thursday, from 6.03GW on Wednesday. Wind generation is forecast to pick up on Friday and Saturday.
- Power demand in France is forecast at 49.94GW on Thursday, from 49.55GW on Wednesday.
- Residual load in France is forecast at 42.31GWh/h on Thursday, from 41.94GWh/h on Wednesday.
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