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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.
POWER
The German June power base-peak load spread is widening today to a new high of €5.10€/MWh as forecasts for high solar PV output in Germany are pressuring peak-load prices.
- Germany Base Power JUN 24 up 0.7% at 65.7 EUR/MWh
- Germany Peak Power JUN 24 down 0.9% at 60.5 EUR/MWh
- The German June power base-peak load spread averaged €2.71/MWh so far this month.
- Germany: Solar for 17-25 May during peak load: 15.12GW, 21.72GW, 23.33GW, 26.74GW, 18.41GW, 15.18GW, 18.35GW, 15.48GW, 17.01GW
- German day-ahead prices for Mon-Wed delivery this week moved into negative territory for several peak-load hours amid record-high solar PV output.
- Solar PV output in Germany stood at 4.67TWh so far this month, Fraunhofer ISE data showed.
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.
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