Rising wind power supply weighs on spot prices : comparemela

Rising wind power supply weighs on spot prices


* The French day-ahead contract shed 2.4% to 50.75 euros/MWh.
* Solar generation is forecast to diminish in all central-western Europe while wind power is rising, Refinitiv analysts said, adding that this trade-off may leave certain hours with a lower residual load than today.
* Electricity generation from German wind turbines is expected to more than double to 11 gigawatts (GW), jumping 6.6 GW day-on-day, while solar power generation is expected to drop 2.8 GW to 3.5 GW, Refinitiv data showed.
* French wind power supply is expected to add 420 megawatts (MW) to 2.1 GW, the data showed.
* French nuclear power availability rose 1.5 percentage points to 70.2% of available capacity on Wednesday.

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