(Montel) French spot power prices looked set to rise by 11% next week amid colder weather and less wind power generation.
The French front-week baseload contract was last seen trading above EUR 167/MWh on Friday. In comparison, day-ahead prices this week were on track to average EUR 146/MWh, based on delivered spot and forecast prices from Montel’s Energy Quantified (EQ).
EQ pegged French day-ahead prices to average EUR 163.3/MWh next week.
On the weather front, temperatures in France are expected to dip 2.4C below the norm at an average…
