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German Power Week Ahead Rallies on Low Wind

POWER

The German power week-ahead base-load is trading higher today as the latest one-week forecast suggested low wind output in Germany from later this week with load factors as low as 6%. Upside is limited as solar PV output is forecast to remain high.

    • Germany Base Power Week 2 up 2.3% at 77.24 EUR/MWh
  • Germany: Wind for 22-28 May: 15.92GW (-1.92GW), 6.59GW (-980MW), 2.74GW (+758MW), 3.25GW (+218MW), 1.85GW (unchanged), 2.24GW (unchanged), 4.96GW (unchanged)
  • Germany: Solar for 22-28 May: 7.89GW (-1.99GW), 12.77GW (+149MW), 8.64GW (-832MW), 9.41GW (-135MW), 11.16GW (+333MW), 11.59GW (-420MW), 11.86GW (-431MW).

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