FRANKFURT, Aug 15 (Reuters) - An expected rebound in power demand after a holiday in parts of western Europe lifted day-ahead wholesale electricity prices on Thursday, while a fall in German wind power supply also underpinned the market.
* German over-the-counter baseload for day-ahead delivery traded at 35.4 euros ($40) a megawatt hour (MWh) in the early afternoon, up 12.2% on the day.
* The contract’s French equivalent was 50% higher at 30 euros in anticipation Friday would be a working day, even though it falls between the Assumption Day holiday on Thursday and the weekend.
* Refinitiv Eikon data showed German wind turbine production may fall to 9 gigawatts (GW) on Friday from 15 GW on Thursday.
* In the French nuclear sector, reactor availability fell to 63.2% from 66.01% of the maximum a day earlier.
* On the demand side, power usage for the day ahead was seen easing by 300 MW in Germany but rising 700 MW in France. Temperatures are due to increase slightly day-on-day and remain stable in Germany.
* Along the forward power curve, German year-ahead baseload power , the European benchmark, was 0.5% lower at 48.5 euros, tracking weaker fuels and carbon.
* There are fears of recession in Germany, Europe’s biggest manufacturing economy, which would depress power consumption by energy-intensive companies driving the country’s exports.
* The equivalent French year-ahead power contract was up 0.9% at 51.4 euros.
* The price of European CO2 permits for December 2019 fell 2.1% to 26.34 euros a tonne.
* Hard coal for northern European delivery in 2020 was indicated at $64.4-$64.7 a tonne after closing at $65.2.
* In eastern Europe, Czech day-ahead baseload more than doubled to 36 euros after a settlement of 15.5 euros a day earlier. Czech 2020 delivery baseload was down 0.6% at 51.2 euros. ($1 = 0.8972 euros) (Reporting by Vera Eckert; Editing by Susan Fenton)