London — French power prices this summer will be influenced by unprecedented conditions surrounding the availability of the nuclear fleet and low levels of hydro stocks, S&P Global Platts Analytics said in its UK Electricity Short Term Forecast. Receive daily email alerts, subscriber notes & personalize your experience. Register Now This made its forecast of French prices largely bullish to the market for the period, weighted in particular to June and July, narrowing the expected UK premium and reducing French imports to 60% available capacity, the report said Thursday. “We forecast UK-FR spreads gradually narrowing throughout the remainder of the summer, with our forecast of the UK-FR Q3-19 spread both tighter than the market contract spread and GBP5.6/MWh lower year on year,” it said. At 31% of nominal capacity, hydro stock levels at the end of Week 19 to May 10 were towards the lower end of the 20-year […]