February 05, 2025 08:13 GMT
POWER: French Spot Power to Decline on Higher Wind
POWER
The French spot power index is expected to decline, diverging from the German market, with forecasts for higher wind output offsetting a slight increase in demand. French front-month power is currently trading lower, but prices could rebound today with forecasts for cooler weather.
- France Base Power MAR 25 down 0.3% at 87.15 EUR/MWh (07:10 AM GMT)
- EUA DEC 25 up 0.3% at 81.16 EUR/MT
- TTF Gas MAR 25 up 1.3% at 52.72 EUR/MWh
- Nuclear availability in France was stable at 78% of capacity as of Wednesday morning, RTE data showed, cited by Bloomberg.
- EdF’s 1.62GW Flamanville 3 reactor is scheduled to resume test runs on 5 February 15:00CET with output at 100MW that are scheduled until 8 February 00:00CET.
- The unplanned outage at the 1.31GW Nogent 2 nuclear reactor has been extended by one day until 7 February 23:00CET.
- The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures have been revised lower on the day to remain below the seasonal average through the forecast period.
- Mean temperatures in Paris are forecast to decrease to 2.7C on Thursday, down from 4C on Wednesday and below the seasonal average of 4.6C.
- Power demand in France is forecast to rise to 69.71GW on Thursday, up from 69.44GW on Wednesday according to Bloomberg.
- Wind output in France is forecast to rise to 7.41GW during base load on Thursday, up from 2.45GW on Wednesday according to SpotRenewables.
- Residual load in France is forecast to decline to 60.69GWh/h on Thursday, down from 63.55GWh/h on Wednesday according to Reuters.
- France’s hydro balance has been revised up to end at -2.07TWh on 19 February, compared with -2.55TWh a day earlier.
- The planned maintenance at the 1.01GW ElecLink interconnector between France and the UK will end five days earlier on 5 February 14:00CET. The link will have additional works for 12h starting 7 February.
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