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POWER: France Front Week Power Retreats

POWER
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France front-week power is retreating further today, as forecasts point to mean temperatures above the seasonal normal and stable renewables output, widening the discount to the German equivalent to €32.25/MWh. Losses in the energy complex may weigh on the French curve, once it trades. 

  • France Base Power OCT 24 down 1.4% at 64.23 EUR/MWh
  • EUA DEC 24 down 0.8% at 65.9 EUR/MT
  • TTF Gas OCT 24 down 1.2% at 35.72 EUR/MWh
  • Nuclear availability in France increased to 73% of capacity as of Thursday morning, up from 71% the day before, RTE data showed, cited by Reuters.
  • The unplanned outate at 915MW Tricastin 2 is scheduled to end Thursday 18:00 CET.
  • The latest 6-10 days ECMWF weather forecast for Paris suggested mean temperatures below the seasonal normal until 17 September, before rising back above normal.
  • Power demand in France is forecast to reach a maximum of 52GW on Thursday and rise to a maximum of 52.23GW on Friday, Entso-E data showed.
  • In France, wind output is forecast to edge down to 3.91GW during base load on Friday, down from 4.1GW forecasted for Thursday. Solar PV output is forecast to rise to 7.52GW during peak load on Friday, up from 5.78GW forecasted for Thursday according to SpotRenewables.
  • France is scheduled to be a net power importer from Spain on Thursday of 105MW, compared with the five-day moving average of net exports at 564MW. On the remainder of the borders, France is scheduled to be a net power exporter on Thursday. 
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France front-week power is retreating further today, as forecasts point to mean temperatures above the seasonal normal and stable renewables output, widening the discount to the German equivalent to €32.25/MWh. Losses in the energy complex may weigh on the French curve, once it trades. 

  • France Base Power OCT 24 down 1.4% at 64.23 EUR/MWh
  • EUA DEC 24 down 0.8% at 65.9 EUR/MT
  • TTF Gas OCT 24 down 1.2% at 35.72 EUR/MWh
  • Nuclear availability in France increased to 73% of capacity as of Thursday morning, up from 71% the day before, RTE data showed, cited by Reuters.
  • The unplanned outate at 915MW Tricastin 2 is scheduled to end Thursday 18:00 CET.
  • The latest 6-10 days ECMWF weather forecast for Paris suggested mean temperatures below the seasonal normal until 17 September, before rising back above normal.
  • Power demand in France is forecast to reach a maximum of 52GW on Thursday and rise to a maximum of 52.23GW on Friday, Entso-E data showed.
  • In France, wind output is forecast to edge down to 3.91GW during base load on Friday, down from 4.1GW forecasted for Thursday. Solar PV output is forecast to rise to 7.52GW during peak load on Friday, up from 5.78GW forecasted for Thursday according to SpotRenewables.
  • France is scheduled to be a net power importer from Spain on Thursday of 105MW, compared with the five-day moving average of net exports at 564MW. On the remainder of the borders, France is scheduled to be a net power exporter on Thursday.