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German spot power edges lower on more wind


08 Aug 2022 07:39

08 Aug 2022 07:39

(Montel) German day-ahead power prices looked set to ease on Monday amid higher wind generation.

Baseload for Tuesday last traded at EUR 358/MWh on the EEX, down EUR 1.55, from the previous day’s auction result.

Wind generation should rise 1.2 GW to 5.2 GW on Tuesday, albeit 4.9 GW below normal for the time of year, data from Montel’s Energy Quantified (EQ) showed.

Average solar output, meanwhile, was expected to drop 0.1 GW to 11.9 GW, 2.7 GW above the norm, with…

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