CANADA NOV BUDGET DEFICIT CAD8.2 BLN VS YEAR AGO CAD4.0 BLN

MNI BRIEF: Fed's Goolsbee Supports Slowing Rate Cuts

CANADA DELAYS IMPLEMENTING CAPITAL GAINS TAX HIKE TO JAN 2026

MNI BRIEF: US Dec Core PCE Inflation In Line With Expectations

MNI BRIEF: Fed's Bowman Wants Inflation Progress Before Cuts

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100 BPS TO 13.25%

MNI: BAKER HUGHES US RIG COUNT 582; OIL RIGS 479; GAS RIGS 98

BAKER HUGHES CANADA RIG COUNT 258; OIL RIGS 186; GAS RIGS 72

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: French Spot Power to Fall

POWER
CEEMEAEurozoneEnergy BulletsFranceBulletPower BulletsCommodities

The French spot power index is expected to decline with forecast for higher wind output and lower demand amid milder weather. France front-month power is pulling back on Monday with a slight upward revision in temperature forecasts and losses in the energy complex. 

  • France Base Power FEB 25 down 1.2% at 92.71 EUR/MWh
  • EUA DEC 25 down 0.4% at 78.91 EUR/MT
  • TTF Gas FEB 25 down 1% at 46.4 EUR/MWh
  • Nuclear availability in France was stable at 92% of capacity as of Monday 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 23 January.
  • The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures have been revised higher with temperatures below normal until 21 January, after which temperatures will remain above normal through the forecast period.
  • Mean temperatures in Paris are forecast to rise to 2C on Tuesday, from 0.4C on Monday and below the seasonal average of 4.2C.
  • Power demand in France is forecast to fall to 74.83GW on Tuesday, down from 75.35GW on Monday according to Bloomberg.
  • Wind output in France is forecast to rise to 3.58GW during base load on Tuesday, up from 1.69GW on Monday according to SpotRenewables.
  • Residual load in France is forecast to decline to 66.07GWh/h on Tuesday, down from 69.95GWh/h on Monday according to Reuters.
  • France’s hydro balance has been revised down from Friday’s forecast to end at -2.38TWh on 3 February. 
240 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.

The French spot power index is expected to decline with forecast for higher wind output and lower demand amid milder weather. France front-month power is pulling back on Monday with a slight upward revision in temperature forecasts and losses in the energy complex. 

  • France Base Power FEB 25 down 1.2% at 92.71 EUR/MWh
  • EUA DEC 25 down 0.4% at 78.91 EUR/MT
  • TTF Gas FEB 25 down 1% at 46.4 EUR/MWh
  • Nuclear availability in France was stable at 92% of capacity as of Monday 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 23 January.
  • The latest 6-10 day ECMWF weather forecast for Paris suggested mean temperatures have been revised higher with temperatures below normal until 21 January, after which temperatures will remain above normal through the forecast period.
  • Mean temperatures in Paris are forecast to rise to 2C on Tuesday, from 0.4C on Monday and below the seasonal average of 4.2C.
  • Power demand in France is forecast to fall to 74.83GW on Tuesday, down from 75.35GW on Monday according to Bloomberg.
  • Wind output in France is forecast to rise to 3.58GW during base load on Tuesday, up from 1.69GW on Monday according to SpotRenewables.
  • Residual load in France is forecast to decline to 66.07GWh/h on Tuesday, down from 69.95GWh/h on Monday according to Reuters.
  • France’s hydro balance has been revised down from Friday’s forecast to end at -2.38TWh on 3 February.