MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Day-Ahead Auction: CWE Spot Prices Move in Mixed Directions

POWER
Homepagemarkets-real-timeBullet

Spot prices at the Epex Spot in CWE moved in mixed direction for Friday delivery, with lower demand weighing on the German market, while forecasts for higher demand lower renewables output supported the French market. No CWE market saw negative priced hours for Friday delivery.

  • The French day-ahead base-load on the Epex Spot rose to €56.90/MWh, up from €51.49/MWh the previous day.
  • French power demand is forecast to reach a maximum of 49.08GW on Thursday and rise to a maximum of 49.45GW on Friday according to Entso-E.
  • Wind output in France is forecast to edge down to a load factor 9% during base-load hours, down from 11% expected for Thursday. Solar PV output is also forecast to decline to 7.46GW during peak load on Friday according to SpotRenewables.
  • Nuclear availability in France was stable on the day at 68% of capacity, RTE data showed.
  • The German day-ahead base-load on the Epex Spot declined to €83.15/MMWh, down from €86.37/MWh the previous session.
  • German power demand is expected at a maximum of 63.64GW on Thursday and of 62.7GW on Friday according to Entso-E.
  • German wind output is forecast to fall to 5.3GW, or an 8% load factor, during base load on Friday, compared with a load factor of 11% on Thursday. Solar PV output is also forecast to fall on the day to a load factor of 15% during base load, down from 21% expected for today.
  • The Dutch spot index edged down to €77.40/MWh, from €80.12/MWh the previous session.
  • Dutch power demand is forecast to rise to a maximum of 14.55GW on Friday, up from 13.3GW on Thursday.
  • Forecasts for wind output in the Netherlands are estimated to rise to 1.62GW, or a 19% load factor, during base load on Friday, up from a load factor of 11% on Thursday. Solar PV output in the Netherlands is forecast to rise to 8.77GW during peak load on Friday, up from 6.76GW expected for today.
322 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Spot prices at the Epex Spot in CWE moved in mixed direction for Friday delivery, with lower demand weighing on the German market, while forecasts for higher demand lower renewables output supported the French market. No CWE market saw negative priced hours for Friday delivery.

  • The French day-ahead base-load on the Epex Spot rose to €56.90/MWh, up from €51.49/MWh the previous day.
  • French power demand is forecast to reach a maximum of 49.08GW on Thursday and rise to a maximum of 49.45GW on Friday according to Entso-E.
  • Wind output in France is forecast to edge down to a load factor 9% during base-load hours, down from 11% expected for Thursday. Solar PV output is also forecast to decline to 7.46GW during peak load on Friday according to SpotRenewables.
  • Nuclear availability in France was stable on the day at 68% of capacity, RTE data showed.
  • The German day-ahead base-load on the Epex Spot declined to €83.15/MMWh, down from €86.37/MWh the previous session.
  • German power demand is expected at a maximum of 63.64GW on Thursday and of 62.7GW on Friday according to Entso-E.
  • German wind output is forecast to fall to 5.3GW, or an 8% load factor, during base load on Friday, compared with a load factor of 11% on Thursday. Solar PV output is also forecast to fall on the day to a load factor of 15% during base load, down from 21% expected for today.
  • The Dutch spot index edged down to €77.40/MWh, from €80.12/MWh the previous session.
  • Dutch power demand is forecast to rise to a maximum of 14.55GW on Friday, up from 13.3GW on Thursday.
  • Forecasts for wind output in the Netherlands are estimated to rise to 1.62GW, or a 19% load factor, during base load on Friday, up from a load factor of 11% on Thursday. Solar PV output in the Netherlands is forecast to rise to 8.77GW during peak load on Friday, up from 6.76GW expected for today.