MNI BRIEF: Canada PM Carney Derides Trump's 51st State Idea

MNI BRIEF: Carney Sworn In As PM, Names Champagne To Finance

MNI China Daily Summary: Friday, March 14

MNI BRIEF: China February M2 Stays At 7% Y/Y

RPT-MNI INTERVIEW2: Lag Justifies Faster CNB Easing - Holub

BAKER HUGHES CANADA RIG COUNT 199; OIL RIGS 139; GAS RIGS 60

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 487; GAS RIGS 100

EZ/UK T-Bill Calendar: DE, NL and FR Due Monday

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

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

POWER: German, French Spot Power Prices Diverge

POWER
CommoditiesCEEMEAEurozoneEnergy BulletsFranceGermanyBulletPower Bullets

The German and French spot power indices diverged for Wednesday’s delivery, with France rising and Germany declining. German spot power prices edged down on the day despite an expected increase in residual load.  

  • The German day-ahead spot on the Epex Spot declined to €124.87/MWh, compared with €125.30/MWh in the previous session.
  • The German spot index narrowed the premium to the French market to, €13.36/MWh, compared with €24.18/MWh a day earlier.
  • Residual load in Germany is forecast to increase to 49.13GWh/h on Wednesday, up from 44.73GWh/h on Tuesday according to Reuters.
  • Power demand in Germany is forecast to increase to 57.94GW on Wednesday, up from 56.91GW on Tuesday according to Bloomberg.
  • Wind output in Germany is forecast to decline to 4.61GW during base load on Wednesday, down from 5.02GW on Tuesday. Solar PV output is forecast to decrease to 7.9GW during peak load on Wednesday, down from 11.69GW on Tuesday according to SpotRenewables.
  • The French day-ahead spot index rose to €111.51/MWh, up from €101.12/MWh in the previous session.
  • Residual load in France is forecast to rise to 50.03GWh/h on Wednesday, up from 47.22GWh/h on Tuesday according to Reuters.
  • Power demand in France is forecast to increase to 56.63GW on Wednesday, up from 54.57GW on Tuesday according to Bloomberg.
  • Wind output in France is forecast to decline to 2.89GW during base load on Wednesday, down from 3.45GW on Tuesday. Solar PV output is forecast to decline to 4.29GW during peak load on Wednesday, down from 5.32GW on Tuesday according to SpotRenewables.
  • Nuclear availability in France decreased to 75% of capacity as of Tuesday morning, down from 76% on Monday, RTE data showed, cited by Bloomberg.
  • French nuclear generation is forecast to be stable on the day at 46.6GWh on Wednesday according to Reuters.
282 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 German and French spot power indices diverged for Wednesday’s delivery, with France rising and Germany declining. German spot power prices edged down on the day despite an expected increase in residual load.  

  • The German day-ahead spot on the Epex Spot declined to €124.87/MWh, compared with €125.30/MWh in the previous session.
  • The German spot index narrowed the premium to the French market to, €13.36/MWh, compared with €24.18/MWh a day earlier.
  • Residual load in Germany is forecast to increase to 49.13GWh/h on Wednesday, up from 44.73GWh/h on Tuesday according to Reuters.
  • Power demand in Germany is forecast to increase to 57.94GW on Wednesday, up from 56.91GW on Tuesday according to Bloomberg.
  • Wind output in Germany is forecast to decline to 4.61GW during base load on Wednesday, down from 5.02GW on Tuesday. Solar PV output is forecast to decrease to 7.9GW during peak load on Wednesday, down from 11.69GW on Tuesday according to SpotRenewables.
  • The French day-ahead spot index rose to €111.51/MWh, up from €101.12/MWh in the previous session.
  • Residual load in France is forecast to rise to 50.03GWh/h on Wednesday, up from 47.22GWh/h on Tuesday according to Reuters.
  • Power demand in France is forecast to increase to 56.63GW on Wednesday, up from 54.57GW on Tuesday according to Bloomberg.
  • Wind output in France is forecast to decline to 2.89GW during base load on Wednesday, down from 3.45GW on Tuesday. Solar PV output is forecast to decline to 4.29GW during peak load on Wednesday, down from 5.32GW on Tuesday according to SpotRenewables.
  • Nuclear availability in France decreased to 75% of capacity as of Tuesday morning, down from 76% on Monday, RTE data showed, cited by Bloomberg.
  • French nuclear generation is forecast to be stable on the day at 46.6GWh on Wednesday according to Reuters.