French prompt power prices continued to firm Monday as demand was forecast to return after the summer holidays and with the weather outlook changing to warmer and drier conditions after a cool and wet period, sources said.
Baseload power for day-ahead delivery was last heard OTC at Eur36/MWh, Eur1 above where Monday power closed Friday.
Tuesday peakload last traded at Eur41.90/MWh, 10 euro cents below Monday's price on Friday.
Epex Spot settled Tuesday in line with OTC at Eur35.85/MWh baseload and Eur41.78/MWh peakload, reversing the French summer discount over Germany into a slight peakload premium.
In Germany, wind and solar power output was forecast to rebound above average levels for Tuesday, according to sources.
Domestically, RTE data showed French nuclear availability forecast little changed at 47.2 GW for Tuesday.
Actual nuclear production reached 46.4 GW Monday at 12:45 pm local time, with hydro peaking at 7.4 GW during the morning rush, RTE data showed.
Peak power consumption was forecast at 54.8 GW Tuesday lunchtime after peaking at 53.3 GW Monday at 12:45, the data showed.
Temperatures were forecast to rise further above the seasonal average over coming days and as drier and warmer weather is forecast to take hold across Western Europe, according to weather sources.
French baseload power for October delivery was heard trading at Eur44.40/MWh, 15 euro cents above Friday's close.
