November is predicted to be warmer than usual across Europe for a second month with storm winds from the Atlantic poised to boost electricity generation in Denmark, Germany and the U.K.
Temperatures will be as much as 3 degrees Celsius (5.4 degrees Fahrenheit) more than normal in western Europe and the U.K., and 5 degrees higher in central and east Europe through Nov. 10, Byron Drew, lead forecaster at MetraWeather in Reading, England, said in an e-mailed report.
Three other forecasters also surveyed by Bloomberg News since Oct. 30 predicted above-average temperatures for this month.
German power prices for November plunged 7.5 percent last month, touching a record-low 38.60 euros ($52.10) a megawatt hour on Oct. 31 after hurricane-force storms in northern Europe drove wind generation to an all-time high. Atlantic gusts are set to bring storm-like conditions and winds of as much as 100 kilometers (62 miles) per hour in Germany through tomorrow, according to Simon Trippler, a Deutscher Wetterdienst meteorologist based in Offenbach, Germany.
“Good wind power output will continue through the first 10 days of November as a sequence of Atlantic depressions bring frequent strong spikes to the U.K., Denmark and Germany,” Stephen Davenport, a London-based meteorologist at MeteoGroup U.K. Ltd., said by e-mail Nov. 1. “These will also produce wetter-than-normal conditions across the British Isles, Nordic regions and the northern European mainland.”
Day-ahead electricity prices in Germany, Europe’s biggest power market, declined 49 percent to 19.90 euros a megawatt-hour as wind generation reached a peak of 24,874 megawatts on Oct. 28, European Energy Exchange AG data show. Wind output is expected to reach a high of 19,535 megawatts today, compared with 12,407 megawatts tomorrow, according to a Bloomberg wind model for Germany.
Note EU-Digest: Even though energy companies find these windy conditions unfavorable for utilities, driving prices below 34 euros per megawatt-hour, consumers hope these stronger winds will last throughout the winter and become a "windfall" for them.
Read more: Atlantic Storms to Hit Europe in Warmer-Than-Usual November - Bloomberg
Temperatures will be as much as 3 degrees Celsius (5.4 degrees Fahrenheit) more than normal in western Europe and the U.K., and 5 degrees higher in central and east Europe through Nov. 10, Byron Drew, lead forecaster at MetraWeather in Reading, England, said in an e-mailed report.
Three other forecasters also surveyed by Bloomberg News since Oct. 30 predicted above-average temperatures for this month.
German power prices for November plunged 7.5 percent last month, touching a record-low 38.60 euros ($52.10) a megawatt hour on Oct. 31 after hurricane-force storms in northern Europe drove wind generation to an all-time high. Atlantic gusts are set to bring storm-like conditions and winds of as much as 100 kilometers (62 miles) per hour in Germany through tomorrow, according to Simon Trippler, a Deutscher Wetterdienst meteorologist based in Offenbach, Germany.
“Good wind power output will continue through the first 10 days of November as a sequence of Atlantic depressions bring frequent strong spikes to the U.K., Denmark and Germany,” Stephen Davenport, a London-based meteorologist at MeteoGroup U.K. Ltd., said by e-mail Nov. 1. “These will also produce wetter-than-normal conditions across the British Isles, Nordic regions and the northern European mainland.”
Day-ahead electricity prices in Germany, Europe’s biggest power market, declined 49 percent to 19.90 euros a megawatt-hour as wind generation reached a peak of 24,874 megawatts on Oct. 28, European Energy Exchange AG data show. Wind output is expected to reach a high of 19,535 megawatts today, compared with 12,407 megawatts tomorrow, according to a Bloomberg wind model for Germany.
Note EU-Digest: Even though energy companies find these windy conditions unfavorable for utilities, driving prices below 34 euros per megawatt-hour, consumers hope these stronger winds will last throughout the winter and become a "windfall" for them.
Read more: Atlantic Storms to Hit Europe in Warmer-Than-Usual November - Bloomberg
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