RENEWABLES: German Wind Output Forecast Comparison

May-23 15:23

See the latest German wind output forecast for base-load hours from SpotRenewables vs Bloomberg’s ECMWF model for the next seven days as of Friday afternoon.

  • Both models have similar wind forecasts over 25-26 May, with the smallest deviations on those days at between 0.07-0.38GW.
  • The largest deviations are seen over 29 May-1 June as SpotRenewables anticipates wind to drop at a faster pace than ECMWF, except on 29 May where the models diverge. The deviation on those days is between 8.6-14.1GW.

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Historical bullets

FED: US TSY 17W AUCTION: NON-COMP BIDS $650 MLN FROM $60.000 BLN TOTAL

Apr-23 15:15
  • US TSY 17W AUCTION: NON-COMP BIDS $650 MLN FROM $60.000 BLN TOTAL

FED: US TSY 2Y FRN AUCTION: NON-COMP BIDS $17 MLN FROM $30.000 BLN TOTAL

Apr-23 15:15
  • US TSY 2Y FRN AUCTION: NON-COMP BIDS $17 MLN FROM $30.000 BLN TOTAL

OPTIONS: Expiries for Apr24 NY cut 1000ET (Source DTCC)

Apr-23 14:53
  • EUR/USD: $1.1370(E505mln)
  • USD/JPY: Y140.00($1.8bln), Y145.00($1.4bln)