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POWER: French Spot Power to Ease lower

POWER
CEEMEAEurozoneEnergy BulletsFranceBulletPower BulletsCommodities

The French spot power index is expected to fall with falling demand and higher wind output. France February power has reversed yesterday’s gains to trade at the highest since 7 January, with support from the energy complex.

  • France Base Power FEB 25 up 3.8% at 101.05 EUR/MWh
  • EUA DEC 25 up 2.6% at 80.96 EUR/MT
  • TTF Gas FEB 25 up 1.4% at 49.385 EUR/MWh
  • Nuclear availability in France was stable at 92% of capacity as of Thursday morning, RTE data showed, cited by Bloomberg.
  • EdF’s 1.62GW Flamanville 3 nuclear reactor is currently in test runs with 35MW of capacity until 26 January.
  • The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures have been slightly revised up on the day with temperatures to remain above normal until early February, when temperatures will be in line with the average.
  • Mean temperatures in Paris are forecast to rise 8.7C on Friday, up from 6.2C on Thursday and above the seasonal average of 4.2C.
  • Power demand in France is forecast to fall to 65.82GW on Friday, down from 68.6GW on Thursday according to Bloomberg.
  • Wind output in France is forecast to rise to 11.35GW during base load on Friday, up from 8.12GW on Thursday according to SpotRenewables.
  • Residual load in France is forecast to fall to 48.44GWh/h on Friday, down from 55.23GWh/h on Thursday according to Reuters.
  • France’s hydro balance has been revised down on the day to end at -1.51TWh on 5 February, compared with -1.48TWh forecasted a day earlier.
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The French spot power index is expected to fall with falling demand and higher wind output. France February power has reversed yesterday’s gains to trade at the highest since 7 January, with support from the energy complex.

  • France Base Power FEB 25 up 3.8% at 101.05 EUR/MWh
  • EUA DEC 25 up 2.6% at 80.96 EUR/MT
  • TTF Gas FEB 25 up 1.4% at 49.385 EUR/MWh
  • Nuclear availability in France was stable at 92% of capacity as of Thursday morning, RTE data showed, cited by Bloomberg.
  • EdF’s 1.62GW Flamanville 3 nuclear reactor is currently in test runs with 35MW of capacity until 26 January.
  • The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures have been slightly revised up on the day with temperatures to remain above normal until early February, when temperatures will be in line with the average.
  • Mean temperatures in Paris are forecast to rise 8.7C on Friday, up from 6.2C on Thursday and above the seasonal average of 4.2C.
  • Power demand in France is forecast to fall to 65.82GW on Friday, down from 68.6GW on Thursday according to Bloomberg.
  • Wind output in France is forecast to rise to 11.35GW during base load on Friday, up from 8.12GW on Thursday according to SpotRenewables.
  • Residual load in France is forecast to fall to 48.44GWh/h on Friday, down from 55.23GWh/h on Thursday according to Reuters.
  • France’s hydro balance has been revised down on the day to end at -1.51TWh on 5 February, compared with -1.48TWh forecasted a day earlier.