French spot up on lower renewables and Germany's down
On Tuesday, European power prices varied. The French prices rose despite lower wind and solar production. Germany's prices fell but still retained a premium compared to those of the neighbouring country.
According to LSEG, the price for French day-ahead basisload at 0930 GMT was 146.6% higher, or 64.8 euros ($75.47), than it had been before. This is more than double what it had been previously, which was 26.3 euros.
The equivalent German position dropped 8.2%, to 83.8 Euro/MWh.
LSEG analysis revealed that the consumption was stable in Germany, but rising wind energy supplies were among factors considered to be negative.
LSEG data show that German wind power production is expected to increase?by 3.4 GW (gigawatts) on Wednesday to 28 GW. Meanwhile, French wind power should fall?by a significant 6.4 GW (gigawatts), to reach 5.6 GW.
The French nuclear energy capacity remained unchanged at 86%.
The German power consumption is expected to?drop by a relatively small 840 MW, to 62.1 GW from day to day. In France, the usage is predicted to drop by 260 MW on Wednesday to 55.9 GW.
The German baseload for the year ahead was up by 0.2% to 83.9 Euro/MWh.
The French baseload for the year ahead was up by 1.8% to 48.7 Euro/MWh.
The benchmark contract for the European carbon market 2025 gained?0.3% to 82.24 euro per metric tonne.
According to preliminary statistics, the statistical office Destatis, nearly two thirds (64.1%) of electricity fed into Germany's grid between July 2025 and September 2025 will come from renewable sources. In the year before, this share was 63.5%.
News broke on Monday that the European Union had?delayed for a week? the release of proposals to?the automotive sector? that could weaken the 2035 ban on CO2-emitting vehicles.
The EEX bourse also announced that, between September 2025 and November 2025 the traded volumes of its Nordic power derivatives had reached 7.2 terawatt-hours (TWh), a 210% year-on-year increase. This was due to a liquidity program launched in September. $1 = 0.8587 euro (reporting by Forrest Crellin, Vera Eckert and Bernadettebaum)
(source: Reuters)
