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POWER: French Spot Power to Decline on Wind

POWER
CEEMEAEurozoneEnergy BulletsFranceBulletPower BulletsCommodities

The French day-ahead base load on the Epex Spot is expected to fall with forecasts suggesting significantly higher wind output, despite a slight increase in demand. 

  • France Base Power JAN 25 closed up 7% at 106.86 EUR/MWh on 27 Dec.
  • EUA DEC 25 down 0.9% at 70.95 EUR/MT
  • TTF Gas JAN 25 down 0.3% at 47.585 EUR/MWh
  • Nuclear availability in France decreased to 81% of capacity as of Monday morning, down from 84% on Friday, RTE data showed, cited by Bloomberg.
  • The 1.33GW Flamanville 2 nuclear reactor halted on Sunday for around 36h until Monday 23:00CET in an unplanned outage.
  • The unplanned outage at 1.495GW Civaux 1 has been extended by three days until 31 December 23:00CET.
  • The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures will rise above normal at the start of January, before falling below the average on 3-4 January, after which temperatures will be above normal until 10 January. At the end of the forecast period, mean temperatures will fall back below the average.
  • Mean temperatures in Paris are forecast to be broadly stable on the day at 3.4C on Tuesday, below the seasonal average of 4.8C.
  • Power demand in France is forecast to fall to rise to 65.47GW on Tuesday, up from 63.39GW forecasted for Monday according to Bloomberg.
  • Wind output in France is forecast to rise sharply on Tuesday to 4.71GW during base load, up from 1.21GW forecasted for Monday according to SpotRenewables.
  • Residual load in France is forecast to decrease to 57.26GWh/h on Tuesday, down from 59.82GWh/h on Monday according to Reuters.
  • France’s hydro balance has been revised down from Friday’s forecast to end at -1.27TWh on 13 January. 
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The French day-ahead base load on the Epex Spot is expected to fall with forecasts suggesting significantly higher wind output, despite a slight increase in demand. 

  • France Base Power JAN 25 closed up 7% at 106.86 EUR/MWh on 27 Dec.
  • EUA DEC 25 down 0.9% at 70.95 EUR/MT
  • TTF Gas JAN 25 down 0.3% at 47.585 EUR/MWh
  • Nuclear availability in France decreased to 81% of capacity as of Monday morning, down from 84% on Friday, RTE data showed, cited by Bloomberg.
  • The 1.33GW Flamanville 2 nuclear reactor halted on Sunday for around 36h until Monday 23:00CET in an unplanned outage.
  • The unplanned outage at 1.495GW Civaux 1 has been extended by three days until 31 December 23:00CET.
  • The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures will rise above normal at the start of January, before falling below the average on 3-4 January, after which temperatures will be above normal until 10 January. At the end of the forecast period, mean temperatures will fall back below the average.
  • Mean temperatures in Paris are forecast to be broadly stable on the day at 3.4C on Tuesday, below the seasonal average of 4.8C.
  • Power demand in France is forecast to fall to rise to 65.47GW on Tuesday, up from 63.39GW forecasted for Monday according to Bloomberg.
  • Wind output in France is forecast to rise sharply on Tuesday to 4.71GW during base load, up from 1.21GW forecasted for Monday according to SpotRenewables.
  • Residual load in France is forecast to decrease to 57.26GWh/h on Tuesday, down from 59.82GWh/h on Monday according to Reuters.
  • France’s hydro balance has been revised down from Friday’s forecast to end at -1.27TWh on 13 January.