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German and French spot price diverge
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World Energy News News
He also predicted a fall in French generation.
By 0750 GMT, the German equivalent of baseload power had fallen 22% to €85.50 ($100.84), while its French counterpart had risen 191% to €43/MWh.
LSEG data shows that German wind energy generation is expected to double on Wednesday to 26.4 gigawatts from 12.5 GW, compared to Tuesday.
The availability of French nuclear power decreased by two percentage points overnight to 77%.
Analysts from carbon consultancy Veyt stated that the technical outlook was cautiously optimistic, citing a few additional fossil fuel generators in the mix of power generation among other factors.
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