FRANKFURT, July 2 (Reuters) - European wholesale electricity contracts for the coming year set new records on Monday, triggered by high fuel and carbon prices and higher spot market levels.
* Germany’s Cal’19 baseload contract, the European power benchmark, was up 0.9 percent at 43.65 euros ($50.82) a megawatt hour (MWh), exceeding its recent May 24 record by 35 cents.
* The equivalent French Cal’19 position gained 0.7 percent to a contract high of 48.45 euros.
* The continuous German year-ahead position on the EEX bourse is at its highest since January 2013.
* European carbon permit prices for December 2018 expiry were up 0.6 percent at 15.09 euros a tonne. They have benefited from European reform efforts this year to bolster prices and create incentives for emissions savings.
* Oil was down after recent rallies, but remains strong because of threatened U.S. sanctions against Iran, which will remove supply at a time of more demand.
* The price of European delivery AP12 coal for imports in 2019 did not trade, having closed at $88.20 a tonne. The contract has risen 5 percent over the 10 days, driven by Chinese demand in the global market.
* Higher spot power prices supported the run on forwards.
* Traders said various French reactors were off in the maintenance season while hot weather lifts demand for air conditioning and wind power output in Germany is low.
* German OTC baseload for Tuesday gained 4.1 percent to 50.7 euros/MWh, while the equivalent French contract was 7 percent higher at 56 euros.
* On the supply side, Thomson Reuters data showed German wind power output was likely to fall to 3.5 gigawatts (GW) on Tuesday from 4.3 GW on Monday and range between 2.4 and 10.4 GW over the next fortnight.
* French reactors Civaux 2 and Chinon 4 are off to Tuesday and Wednesday, while Chinon 1 and Chooz 2 began maintenance outages at the weekend.
* Power demand in Germany is forecast to increase by 1.8 GW to 61.7 GW on Tuesday, while French demand should rise by 300 MW to 48.5 GW.
* In eastern Europe, Czech Tuesday baseload did not trade. Czech year-ahead rose 1.5 percent to 45 euros.
* German renewable power production in first half-2018 totalled 104 billion kilowatt hours (kWh), 9.5 percent up year-on-year, E.ON said. ($1 = 0.8589 euros) (Reporting by Vera Eckert; Editing by Alexander Smith)