FRANKFURT, June 25 (Reuters) - European wholesale power prices for day-ahead delivery on Monday were lifted by forecasts of rising demand and sharply lower wind power production in Germany.
* Traders said the wind supply news was as expected but also pointed to a tighter nuclear balance in France.
* German baseload power for Tuesday, at 49.1 euros ($57.29) a megawatt hour (MWh), was 3.4 percent above the price paid for Monday.
* French day-ahead baseload was up 2.6 percent at 48.75 euros.
* Thomson Reuters data showed German wind power output was likely to come in at 4 gigawatts (GW) on Tuesday, down from 8 expected for Monday and 19 GW recorded on Friday. It should range between a modest daily average 4 and 10.7 GW over the next fortnight.
* French nuclear capacity availability has dropped by 3.5 percentage points since Friday to 72.5 percent of the total. However, Germany’s reactors are nearly all producing in full.
* German met office DWD said in a daily note there that cool and overcast conditions on Monday/Tuesday should give way to more sunshine and rising temperatures mid-week.
* Power demand was seen up 1.3 GW in Germany on Tuesday at 61.9 GW and up 2 GW in France at 47 GW.
* Predictions for average daily consumption levels in the two countries next week were raised to 58 and 46 GW respectively, boosting prices.
* Power curve prices rose mainly on gains in the related coal market.
* Germany’s Cal’19 baseload contract gained 0.5 percent to 41.3 euros/MWh and the contract’s French equivalent was in a 46.1-46.5 euros bid-ask range after its previous close at 46.15 euros.
* European AP12 coal for 2019 was up 1.2 percent at $85.25 a tonne.
* European carbon permits for December 2018 expiry dipped 0.3 percent to 15.08 euros a tonne.
* In eastern Europe, the Czech day-ahead contract did not trade after Monday delivery closed at 49 euros. Czech year-ahead power was sought at 42.65 euros after a 42.4 euros close, without offers.
* New research from the university of applied sciences at Erfurt showed potential scenarios for German renewable power supply and prices up to 2050.
* An overtly green policy scenario would cause unrealistic negative prices, while one called business as usual kept prices in check at the risk of missing climate goals, it found. An amalgamated “predicted development” scenario reconciled both. ($1 = 0.8570 euros) (Reporting by Vera Eckert, editing by Mark Heinrich)