European prompt power prices dropped on an expected rise in European renewable supply, with wind power supply set to over double in Germany and consumption is seen down in both France and Germany.
Snow levels in the Alps are far below the historical average and lower than last winter, which will lead to a severe reduction of snowmelt adding to rivers during spring and early summer.
Close monitoring and proper water use plans are necessary to deal with a season that currently has a high risk of being critical for water resources.
French nuclear availability was unchanged at 65% of available capacity. Maintenance at 11 reactors, including the Penly 1 reactor, remain delayed due to the strike against pension reforms.
Power demand in Germany is projected to shed 610 megawatts (MW) day on day to 57.2 GW while consumption in France is expected to fall 1.2 GW to 49.7 GW.