February 06, 2025 08:09 GMT
POWER: France Spot Power to Edge Lower
POWER
The French spot power index is expected to edge lower with a slight dip in residual load amid higher wind output and lower demand. France March power is trading higher with gains in EU gas prices, despite an upward revision in temperature forecasts.
- France Base Power MAR 25 up 0.8% at 91.55 EUR/MWh
- EUA DEC 25 up 0.4% at 81.48 EUR/MT
- TTF Gas MAR 25 up 1.2% at 54.1 EUR/MWh
- Nuclear availability in France rose to 81% of capacity as of Thursday morning, up from 78% on Wednesday, RTE data showed, cited by Bloomberg.
- EdF’s 1.62GW Flamanville 3 reactor is scheduled to increase test run capacity to 240MW, from 100MW currently, from 8 February 00:00CET.
- The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures have been revised higher on the day to be closer in line with the average.
- Mean temperatures in Paris are forecast to rise to 4C on Friday, up from 3.6C on Thursday and below the seasonal average of 4.6C.
- Power demand in France is forecast to fall to 68.72GW on Friday, down from 69.84GW on Thursday according to Bloomberg.
- Wind output in France is forecast to rise to 8.03GW during base load on Friday, up from 6.7GW on Thursday according to SpotRenewables.
- Residual load in France is forecast to decline to 58.3GWh/h on Friday, down from 59.92GWh/h on Thursday according to Reuters.
- France’s hydro balance has been revised up to end at -2.4TWh on 20 February, compared with -2.6TWh a day earlier.
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