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German Spot Price Rallies on Low Wind

POWER
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The German Epex Spot day ahead base load rose to €97.45/MWh, up from €79.18/MWh the day before, supported by forecasts for low wind, despite anticipated declines in power demand due to a regional holiday in southern Germany.

  • German wind output is set to fall significantly to 3.84GW during base-load on Thursday. German power demand is forecast to fall on Thursday due to a regional public holiday to reach a maximum of 52.89GW, compared with an estimated maximum of 63.13GW on Wednesday.
  • The French Epex Spot day ahead base load fell to €19.59/MWh, from €32.21/MWh for Wednesday delivery.
  • French wind output is forecast to fall slightly to 5.86GW during base load on Thursday. French power demand is forecast to fall to a maximum of 49.8GW on Thursday, compared with an expected peak of 50.55GW today. French nuclear availability stood at 70% of capacity as of Wednesday morning, down from 75% at the start of the week.
  • The Dutch Epex Spot day ahead base load rose to €86.07/MWh, from €67.85/MWh the day before.
  • Dutch wind output is forecast to decline sharply on Thursday to 1.54GW during base load. Dutch power demand is forecast to rise to peak of 15.29GW on Thursday, up from a maximum of 14.78GW today.
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The German Epex Spot day ahead base load rose to €97.45/MWh, up from €79.18/MWh the day before, supported by forecasts for low wind, despite anticipated declines in power demand due to a regional holiday in southern Germany.

  • German wind output is set to fall significantly to 3.84GW during base-load on Thursday. German power demand is forecast to fall on Thursday due to a regional public holiday to reach a maximum of 52.89GW, compared with an estimated maximum of 63.13GW on Wednesday.
  • The French Epex Spot day ahead base load fell to €19.59/MWh, from €32.21/MWh for Wednesday delivery.
  • French wind output is forecast to fall slightly to 5.86GW during base load on Thursday. French power demand is forecast to fall to a maximum of 49.8GW on Thursday, compared with an expected peak of 50.55GW today. French nuclear availability stood at 70% of capacity as of Wednesday morning, down from 75% at the start of the week.
  • The Dutch Epex Spot day ahead base load rose to €86.07/MWh, from €67.85/MWh the day before.
  • Dutch wind output is forecast to decline sharply on Thursday to 1.54GW during base load. Dutch power demand is forecast to rise to peak of 15.29GW on Thursday, up from a maximum of 14.78GW today.