FRANKFURT Dec 13 Day ahead power prices rose
early in Germany on Tuesday on forecasts for lower wind supply.
Baseload delivery, describing 24-hour supply, was up 16
percent at 57.25 euros ($60.90) a megawatt hour (MWh),
while peakload for daytime industrial demand was up 26 percent
at at 72.5 euros.
Thomson Reuters data showed German wind output will likely
be down at 2.5 gigawatts (GW) on Wednesday compared with 3.4 GW
Traders said more expensive gas or oil-fired plants would be
employed to provide additional supply, resulting in the higher
($1 = 0.9401 euros)
(Reporting by Vera Eckert; Editing by Mark Potter)