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POWER: Germany Flips Back To Discount to France on Higher Wind, Lower Demand

POWER
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 Day-ahead prices for both Germany and France fell, with Germany experiencing more significant losses driven by higher wind forecasts and reduced demand. In France, a drop in wind power output was largely counterbalanced by lower demand and steady nuclear availability. However, stronger winds and lower demand in Germany compared to France caused German delivery prices to revert to a discount, reversing the premium seen in the previous session.

  • The German day-ahead spot settled at €104.24/MWh from €130.25/MWh on the previous day.
  • The French day-ahead spot cleared at €105.40/MWh from €114.25/MWh on the previous day.
  • France was at a €1.16/MWh premium from a €16/MWh discount in the previous session.
  • Wind output in Germany is forecast to rise on Saturday to 13.96GW during base load, up from 6.59GW forecasted for Friday.
  • Solar PV output is forecast to increase to 17.72GW during peak load on Saturday, up from 7.70GW forecasted for Friday according to SpotRenewables.
  • Power demand in Germany is forecast to drop to 51.91GW on Saturday from 60.28GW forecasted for Friday according to Bloomberg.
  • In contrast, wind output in France is forecast to fall to 2.25GW during base load on Saturday, down from 4.90GW forecasted for Friday. Solar PV output is also forecast to fall to 1.62GW during peak load on Saturday, down from 4.77GW forecasted for Friday according to SpotRenewables.
  • Power demand in France is forecast to fall to 57.67GW on Saturday from 60.36GW on Friday according to Bloomberg.
  • Nuclear availability in France was at 82% of capacity on Friday morning unchanged on the day, RTE data showed, cited by Bloomberg.
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 Day-ahead prices for both Germany and France fell, with Germany experiencing more significant losses driven by higher wind forecasts and reduced demand. In France, a drop in wind power output was largely counterbalanced by lower demand and steady nuclear availability. However, stronger winds and lower demand in Germany compared to France caused German delivery prices to revert to a discount, reversing the premium seen in the previous session.

  • The German day-ahead spot settled at €104.24/MWh from €130.25/MWh on the previous day.
  • The French day-ahead spot cleared at €105.40/MWh from €114.25/MWh on the previous day.
  • France was at a €1.16/MWh premium from a €16/MWh discount in the previous session.
  • Wind output in Germany is forecast to rise on Saturday to 13.96GW during base load, up from 6.59GW forecasted for Friday.
  • Solar PV output is forecast to increase to 17.72GW during peak load on Saturday, up from 7.70GW forecasted for Friday according to SpotRenewables.
  • Power demand in Germany is forecast to drop to 51.91GW on Saturday from 60.28GW forecasted for Friday according to Bloomberg.
  • In contrast, wind output in France is forecast to fall to 2.25GW during base load on Saturday, down from 4.90GW forecasted for Friday. Solar PV output is also forecast to fall to 1.62GW during peak load on Saturday, down from 4.77GW forecasted for Friday according to SpotRenewables.
  • Power demand in France is forecast to fall to 57.67GW on Saturday from 60.36GW on Friday according to Bloomberg.
  • Nuclear availability in France was at 82% of capacity on Friday morning unchanged on the day, RTE data showed, cited by Bloomberg.