Free Trial

June German-France JAO CBC Auction Spread Narrows

POWER

Price spreads on the German-French cross-border capacity (CBC) auctions for delivery in June on the Joint Allocation Office (JAO) narrowed from the previous month, data from JAO show.

  • All 437MW of offered capacity in the German-French direction went at €2.56/MWh, up from 414MW allocated at €2.21/MWh for May delivery.
  • In the other direction, 369MW of offered capacity was allocated at €28.55/MWh, down from 189MW going at €32.57/MWh in May.
  • This placed the German-French spread at €25.99/MWh compared to €30.36/MWh in May.
  • German-French spread is at €27.64/MWh surplus at the time of writing, down from €27.94/MWh from the previous day.

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.