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German, French DA Falls on Higher Wind

POWER
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 The German and French spot power indexes both declined from the previous session as stronger wind output in both countries weighed down their respective markets. Spot costs could continue downward for 15 March delivery due to typically lower weekend demand, with France most likely at a discount to the latter amid higher wind forecast than Germany.

  • The German day-ahead spot on the Epex Spot declined to €121.23/MWh, compared with €125.14/MWh in the previous session.
  • Residual load in Germany is forecast to fall to 47.93GWh/h on Thursday, down from 49.94GWh/h on Wednesday according to Reuters.
  • Power demand in Germany is forecast to edge down to 47.25GWh/h on Friday, down from 47.61GWh/h on Thursday according to Reuters.
  • Wind output in Germany is forecast to decline to 5.4GW during base load on Friday, down from 6.33GW on Thursday. Solar PV output is forecast to increase to 8.05GW during peak load on Friday, up from 6.9GW on Thursday according to SpotRenewables.
  • The French day-ahead spot index fell to €115.78/MWh from €121.68/MWh in the previous session.
  • Residual load in France is forecast to edge up to 53.53GWh/h on Friday, up from 53.3GWh/h on Thursday according to Reuters.
  • Wind output in France is forecast to rise to 3.7GW during base load on Friday, up from 2.97GW on Thursday. Solar PV output is forecast to increase to 6.23GW during peak load on Friday, up from 4.81GW on Thursday according to SpotRenewables.
  • Power demand in France is forecast to increase to 60.4GW on Friday, up from 58.89GW on Thursday according to Bloomberg.
  • Nuclear availability in France was stable at 75% of capacity as of Thursday morning, RTE data showed, cited by Bloomberg.
  • French nuclear generation is forecast at 47.41GWh on Friday, up from 47.09GWh on Thursday, Reuters data showed.
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 The German and French spot power indexes both declined from the previous session as stronger wind output in both countries weighed down their respective markets. Spot costs could continue downward for 15 March delivery due to typically lower weekend demand, with France most likely at a discount to the latter amid higher wind forecast than Germany.

  • The German day-ahead spot on the Epex Spot declined to €121.23/MWh, compared with €125.14/MWh in the previous session.
  • Residual load in Germany is forecast to fall to 47.93GWh/h on Thursday, down from 49.94GWh/h on Wednesday according to Reuters.
  • Power demand in Germany is forecast to edge down to 47.25GWh/h on Friday, down from 47.61GWh/h on Thursday according to Reuters.
  • Wind output in Germany is forecast to decline to 5.4GW during base load on Friday, down from 6.33GW on Thursday. Solar PV output is forecast to increase to 8.05GW during peak load on Friday, up from 6.9GW on Thursday according to SpotRenewables.
  • The French day-ahead spot index fell to €115.78/MWh from €121.68/MWh in the previous session.
  • Residual load in France is forecast to edge up to 53.53GWh/h on Friday, up from 53.3GWh/h on Thursday according to Reuters.
  • Wind output in France is forecast to rise to 3.7GW during base load on Friday, up from 2.97GW on Thursday. Solar PV output is forecast to increase to 6.23GW during peak load on Friday, up from 4.81GW on Thursday according to SpotRenewables.
  • Power demand in France is forecast to increase to 60.4GW on Friday, up from 58.89GW on Thursday according to Bloomberg.
  • Nuclear availability in France was stable at 75% of capacity as of Thursday morning, RTE data showed, cited by Bloomberg.
  • French nuclear generation is forecast at 47.41GWh on Friday, up from 47.09GWh on Thursday, Reuters data showed.