MNI China Daily Summary: Thursday, March 13

MNI BRIEF: China Has Been In Communication With U.S. On Trade

MNI BRIEF: China To Enhance Customs Clearance

MNI INTERVIEW2: Policy Lag Justifies Faster CNB Easing - Holub

MNI BRIEF: China Consumer Satisfaction Up

MNI: PBOC Net Drains CNY68.6 Bln via OMO Thursday

EZ/UK Bond Supply Calendar: SlovGB Auction Monday

US EIA:NAT GAS STORAGE -62 BCF TO 1,698 BCF MAR 07 WK

MNI: US FEB FINAL DEMAND PPI +0.0%, EX FOOD, ENERGY -0.1%

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

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

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RENEWABLES: German Wind Output Forecast Comparison

RENEWABLES
CommoditiesEnergy BulletsEurozoneGermanyCEEMEABulletPower Bullets

 See the latest German wind output forecast for base-load hours from SpotRenewables vs Bloomberg’s ECMWF model for the next seven days as of Tuesday afternoon.

  • Both models have similar wind forecasts on 12 February, 14 February and 16-17 February, with the smallest deviation on those days at between 0.09-0.37GW.
  • The largest deviation is seen over 19-20 February as the models are seen diverging, with SpotRenewables estimating wind to rise over 19-20 February from 18 February and ECMWF predicting wind to drop from 18 February. The deviation on those days is between 13-24GW.

  • Despite these differences, both models suggest wind to be on a general downward trend over 12-15 February before rebounding to increase over 16-18 February.





     

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 See the latest German wind output forecast for base-load hours from SpotRenewables vs Bloomberg’s ECMWF model for the next seven days as of Tuesday afternoon.

  • Both models have similar wind forecasts on 12 February, 14 February and 16-17 February, with the smallest deviation on those days at between 0.09-0.37GW.
  • The largest deviation is seen over 19-20 February as the models are seen diverging, with SpotRenewables estimating wind to rise over 19-20 February from 18 February and ECMWF predicting wind to drop from 18 February. The deviation on those days is between 13-24GW.

  • Despite these differences, both models suggest wind to be on a general downward trend over 12-15 February before rebounding to increase over 16-18 February.





     

    image