MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: France November Power Edges Higher

POWER
BulletPower BulletsEnergy BulletsCommodities

France November power base load is edging higher, tracking gains in the wider energy complex, while France October power is pulling back today. France’s RTE has yet to announce its planned export curtailments for October on its eastern borders. 

  • France Base Power NOV 24 up 0.3% at 82.30 EUR/MWh
  • EUA DEC 24 up 0.7% at 66.78 EUR/MT
  • TTF Gas NOV 24 up 1.7% at 39.25 EUR/MWh
  • Nuclear availability in France has increased to 69% of capacity as of Monday morning, compared with 66% on Friday, RTE data showed, cited by Bloomberg.
  • The unplanned outage at 915MW Cruas 1 is scheduled to end Monday 16:00 CET after which output will be reduced to 781MW until 2 October.
  • Planned maintenance at 1.5GW Chooz 2 has been extended by one day until 1 October 23:00 CET. Planned maintenance at 910MW Gravelines 1 has been extended by six days until 9 October.
  • The latest 6-10 day ECMWF weather forecast suggested mean temperatures in Paris have been revised higher to be below the seasonal average until 6 October, before rising above normal until 9 October, after which temperatures are set to decline again. France has a daily average of 4 heating degree days for the 1-5 day forecast, 1 above the 10-year normal according to WSI.
  • Power demand in France is forecast to rise to a maximum of 52.22GW on Monday and of 52.8GW on Tuesday, Entso-E data showed.
  • In France, wind output is forecast to decline sharply on the day to 5.99GW during base load on Tuesday. Solar PV output is also forecast to decline 3.59GW during peak load according to SpotRenewables.
  • Residual load in France is forecast to rise by 8.1GWh/h day on day on Tuesday according to Reuters.
  • EdF announced last week that production might be curtailed for 24h starting 30 September 21:00 CET due to industrial action. 
296 words

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.

France November power base load is edging higher, tracking gains in the wider energy complex, while France October power is pulling back today. France’s RTE has yet to announce its planned export curtailments for October on its eastern borders. 

  • France Base Power NOV 24 up 0.3% at 82.30 EUR/MWh
  • EUA DEC 24 up 0.7% at 66.78 EUR/MT
  • TTF Gas NOV 24 up 1.7% at 39.25 EUR/MWh
  • Nuclear availability in France has increased to 69% of capacity as of Monday morning, compared with 66% on Friday, RTE data showed, cited by Bloomberg.
  • The unplanned outage at 915MW Cruas 1 is scheduled to end Monday 16:00 CET after which output will be reduced to 781MW until 2 October.
  • Planned maintenance at 1.5GW Chooz 2 has been extended by one day until 1 October 23:00 CET. Planned maintenance at 910MW Gravelines 1 has been extended by six days until 9 October.
  • The latest 6-10 day ECMWF weather forecast suggested mean temperatures in Paris have been revised higher to be below the seasonal average until 6 October, before rising above normal until 9 October, after which temperatures are set to decline again. France has a daily average of 4 heating degree days for the 1-5 day forecast, 1 above the 10-year normal according to WSI.
  • Power demand in France is forecast to rise to a maximum of 52.22GW on Monday and of 52.8GW on Tuesday, Entso-E data showed.
  • In France, wind output is forecast to decline sharply on the day to 5.99GW during base load on Tuesday. Solar PV output is also forecast to decline 3.59GW during peak load according to SpotRenewables.
  • Residual load in France is forecast to rise by 8.1GWh/h day on day on Tuesday according to Reuters.
  • EdF announced last week that production might be curtailed for 24h starting 30 September 21:00 CET due to industrial action.