Andreas Lochner

Strike prices for the 119 successful projects ranged between EUR 79.50-101.90/MWh, said the regulator in a statement, adding that the tender was oversubscribed by 105 MW.

(Montel) GWh week 30 % wk 30 % wk 29 % wk 28 Valais Graubünden

(Montel) Austrian utility Verbund had hedged 51% of its 2025 hydropower generation at EUR 121.90/MWh in the April-June period, up from 45% at EUR 126.60/MWh in the previous three months, it said on Thursday.

The transformer was available earlier than expected and the utility could bring forward maintenance work initially scheduled for September, which could now be omitted, she added.

“In the second quarter of 2024, OMV purchased an average of 5.4 TWh of natural gas per month under long-term supply agreements with Gazprom Export,” OMV said on Wednesday when presenting its interim results.

Baseload for Thursday last traded at EUR 95.50/MWh on the EEX exchange, compared with the prior day-ahead settlement of EUR 79.40/MWh.

“OMV acquired 7 TWh per year natural gas transport rights for the period between October 2026 to September 2028,” the company said in a statement, following the release of its latest financial results.

Germany's day-ahead power price for Thursday settled at EUR 94.87/MWh in the auction on Wednesday, with hourly prices ranging between EUR 60.38/MWh and EUR 138.07/MWh.

(Montel) German utility Steag has requested an early market exit this month of its 460 MW coal-fired plant Herne 4, it confirmed on Thursday expecting the unit to be put in reserve.

In 2030, the hard coal capacity in the power market must fall to 8 GW or lower to be in line with the country's coal exit plan which includes the end of hard coal and lignite-fired power generation by end-2038.