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CWE Spot Power Falls

POWER

The German Epex Spot day-ahead base load edged lower to €89.22/MWh, down from €97.45/MWh the day before amid a slight rise in forecasts for wind output with losses limited as demand is expected to pick up on Friday after the regional holiday. The Dutch spot index fell amid forecasts for higher wind and lower demand.

  • In Germany, wind output is forecast to rise slightly on the day to 6.42GW during base-load on Friday, while solar PV output is expected to fall on Friday to 14.29GW during peak load.
  • German power demand is forecast to rise to 59.42GW on Friday, from 52.89GW expected for Thursday.
  • The French Epex Spot day-ahead base load fell to €6.66/MWh, from €19.59/MWh for Thursday delivery, at a sharp discount to all of its neighbouring market.
  • French power demand is forecast to reach a maximum of 49GW on Friday, down from 49.8GW on Thursday according to Entso-E.
  • French wind output is forecast to be slightly lower on Friday at 6.57GW during base load. Solar PV output is forecast to rise slightly on the day to 7.144GW during peak-load hours on Friday.
  • French nuclear availability stood at 70% of capacity as of Thursday morning, down from 75% at the start of the week, RTE data showed.
  • The Dutch Epex Spot day ahead base load declined to €73.21/MWh, from €€86.07/MWh the day before.
  • Dutch wind output is forecast to rise on Friday to 2.72GW during base load, while solar PV output is forecast to slightly dip to 7.94GW during peak load.
  • Dutch power demand is forecast to decline to a maximum of 14.72GW on Friday, down from 15.29GW estimated for Thursday.
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