On Monday, expect a cooling of temperatures and a rise in wind speed.

The German wind energy output is forecast to decrease over the weekend, before rising above Friday's levels on Monday. Solar production and demand will also drop with temperatures decreasing.

LSEG data shows that the German and French Monday basis power contracts were not traded by 0757 GMT.

Baseload prices on Friday closed at 104 Euros/MWh, compared to 93 Euros/MWh on Thursday.

LSEG analyst Riccard Paraviero stated that the wind power supply will fall to less than 1 gigawatt on Saturday. This will make Germany heavily reliant upon imports, and increase the risk of an upward price spike in the morning.

LSEG data indicated that German wind output would rise to 6.5 GW from 4.1 GW while French wind production was to increase to 9.9 GW from 8.3 GW.

According to LSEG, the average wind power in Germany will increase to approximately 20 GW Tuesday and then drop to 9 GW Wednesday.

LSEG data revealed that the German solar power production is expected to drop by 6.7 GW - 9 GW.

The data shows that power consumption in Germany will fall by 1.2 GW Monday to 50.3, while in France, demand is expected to drop 2.2 GW down to 44.3 GW. Meanwhile, temperatures are forecast to drop 4.2 degrees Celsius to 21.2 degrees.

In their daily report, Engie EnergyScan analysts said that temperatures will dip below normal seasonal levels next week.

The French nuclear capacity is flat at 78%.

The German power contract for 2026, which is based on baseload power, fell 0.2% at 64.10 euros/MWh.

The benchmark contract on the European carbon markets increased by 0.2%, to 70.67 Euros per metric ton. (Reporting and editing by Emelia Sithole Matarise; Forrest Crellin)

(source: Reuters)