Andreas Lochner

(Montel) The US blockade of Iranian ports in the Strait of Hormuz added another “layer of less liquidity in the [energy] market”, said Patrick Pouyanne, CEO of French energy major TotalEnergies, AFP reported.

(Montel) A forecast solar surge due to sunny weather across Europe this bank holiday weekend may trigger a downward adjustment of the spot power

(Montel) Day-ahead power prices fell to record lows of EUR -500/MWh in Europe on Thursday, hitting the price floor, as high solar generation is expected to meet low demand on the bank holiday tomorrow.

(Montel) Summer power prices in France reached record highs on Thursday, while Germany's hit their highest levels since March, as the European heatwave spurred fears of outages due to a lack of water in the months to come.

(Montel) French spot power looked set on Friday to reach its highest level since February 2025 next week amid heat-related nuclear outages and high exports.

(Montel) France should see the heat-related cuts of nuclear availability rise to 14.4% of the reactor fleet tomorrow, up from 13.2% today, EDF data showed on Tuesday, with total availability hitting a year-to-date low at 57%.

EDF: French heat‑linked nuclear curbs should ease to about 12% of the fleet by Thursday as Bugey outages proceed and weather cools at the weekend.

(Montel) French day-ahead power prices were set to fall 16% from this week's 1.5-year high on average next week as nuclear availability and generation is set to rise, while demand falls amid cooler temperatures.

(Montel) Only 36.1 GW of French nuclear capacity – 57% of the total fleet – was set to be available on average this week, the lowest since August 2023, preliminary Montel EQ data showed on Friday.

(Montel) French heat-related nuclear outages are set to reach 8.3 GW or 13% of the total fleet tomorrow, down from an expected 14.8% today, data from utility EDF showed on Wednesday.