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POWER: French and German Day Ahead Rise, France Flips Back to Discount

POWER
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 German and French day-ahead prices both rose, with Germany leading the gains due to a sharp drop in wind output, which offset a decrease in power demand. Meanwhile, lower nuclear availability in France and strong domestic demand supported French prices. Although both markets moved in tandem, France shifted back to a discount compared to Germany, reversing its position from the previous session.

  • The German day-ahead spot settled at €130.25/MWh from €96.07/MWh on the previous day.
  • The French day-ahead spot cleared at €114.25/MWh from €109.77/MWh on the previous day.
  • France flipped back to a €16/MWh discount from €13.70/MWh premium in the previous session.
  • Wind output in Germany is forecast to fall sharply on the day to 6.75GW during base load on Friday, down from 32.26GW forecasted for Thursday. Solar PV output is forecast to rise to 4.22GW during peak load on Friday, up from 2.13GW forecasted for Thursday according to SpotRenewables.
  • Power demand in Germany is forecast to rise to fall to 59.9GW on Friday, down from 61.33GW on Thursday according to Bloomberg.
  • In contrast, Wind output in France is forecast to rise to 4.88GW during base load on Friday, up from 2.27GW forecasted for Thursday. Solar PV output is forecast to rise to 4.89GW during peak load on Friday, up from 1.64GW forecasted for Thursday according to SpotRenewables.
  • Power demand in France is forecast to rise to 60.71GW on Friday, up from 58.41GW on Thursday according to Bloomberg
  • Nuclear availability in France was at 82% of capacity as of Thursday morning, down from 85% on Wednesday, RTE data showed, cited by Bloomberg.
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 German and French day-ahead prices both rose, with Germany leading the gains due to a sharp drop in wind output, which offset a decrease in power demand. Meanwhile, lower nuclear availability in France and strong domestic demand supported French prices. Although both markets moved in tandem, France shifted back to a discount compared to Germany, reversing its position from the previous session.

  • The German day-ahead spot settled at €130.25/MWh from €96.07/MWh on the previous day.
  • The French day-ahead spot cleared at €114.25/MWh from €109.77/MWh on the previous day.
  • France flipped back to a €16/MWh discount from €13.70/MWh premium in the previous session.
  • Wind output in Germany is forecast to fall sharply on the day to 6.75GW during base load on Friday, down from 32.26GW forecasted for Thursday. Solar PV output is forecast to rise to 4.22GW during peak load on Friday, up from 2.13GW forecasted for Thursday according to SpotRenewables.
  • Power demand in Germany is forecast to rise to fall to 59.9GW on Friday, down from 61.33GW on Thursday according to Bloomberg.
  • In contrast, Wind output in France is forecast to rise to 4.88GW during base load on Friday, up from 2.27GW forecasted for Thursday. Solar PV output is forecast to rise to 4.89GW during peak load on Friday, up from 1.64GW forecasted for Thursday according to SpotRenewables.
  • Power demand in France is forecast to rise to 60.71GW on Friday, up from 58.41GW on Thursday according to Bloomberg
  • Nuclear availability in France was at 82% of capacity as of Thursday morning, down from 85% on Wednesday, RTE data showed, cited by Bloomberg.