May 21, 2024 12:58 GMT
Switzerland Allocates Capacity to France in June CBC Auction
POWER
Switzerland allocated 251MW of capacity in the direction of France in the monthly Jao CBC June auction and in line with current exchange pricing, after no capacity was allocated for May delivery, data from Jao showed.
- In the France-Switzerland direction, all 41MW of offered capacity was allocated at €24.67/MWh, compared with 73MW allocated at €31.26/MWh for May delivery.
- In the Switzerland-France, all 251MW of the 253MW of offered capacity was allocated at €0.35/MWh. No capacity was offered last month.
- The Swiss front-month base-load contract is currently holding a €24.95/MWh premium to the French equivalent.
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