Renewable energy production is expected to fluctuate in the next few days but thermal supplies should see an increase. The price of coal has dropped slightly and a decrease in near-term power prices has led to lower year-ahead prices.
Spot prices fell slightly yesterday due to the usual drop in demand on Fridays and increased supply levels. Nuclear availability has also improved slightly in Germany and France which should limit any gains over the weekend.
Temperatures are expected to be slightly warmer in the next few days while thermal supplies and wind generation are quite low at present. Spot prices should see an increase on the back of this although nuclear availability should increase slightly.
Spot prices are expected to increase today following an improvement in temperatures and reduced wind generation. The warm temperatures are also expected to continue through the weekend which should see prices hold firm in the coming days.