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German Next-Day Electricity Rises on Nuclear Plant Delay

Oct. 10 (Bloomberg) -- German next-day power rose as EnBW Energie Baden-Wuerttemberg AG delayed the start of its Neckarwestheim-2 nuclear power plant by three days.

Baseload day-ahead electricity, for supplies delivered around the clock, gained 1.7 percent as EnBW said its 1,310-megawatt unit would return from maintenance on Oct. 13.

The next-day power contract added 85 cents to 52 euros ($66.90) a megawatt-hour at 5:20 p.m. Berlin time, according to broker data compiled by Bloomberg. The contract settled at 52.69 euros in the daily auction on European Energy Exchange AG.

Cooler temperatures may boost demand for heating. The minimum temperature in Frankfurt is predicted to drop to 2 degrees Celsius (36 Fahrenheit) tomorrow, compared with a five-year average of 9 degrees, according to CustomWeather Inc. data on Bloomberg.

Solar generation is forecast to rise to 15 gigawatts tomorrow from 10 gigawatts today, according to MVV Trading GmbH. That’s more than the average level of 3 gigawatts, according to data from Leipzig, Germany-based EEX on Bloomberg.

Wind generation will be below average at 1,400 megawatts tomorrow and close to average levels at 5,400 megawatts on Friday, Min Soo Park, a power trader at MVV Trading, said by telephone from Mannheim, Germany.

The 2013 power contract, a European benchmark, was little changed at 47.75 euros a megawatt-hour.

“The market hasn’t much direction and the volume is quite low,” Park said.

To contact the reporter on this story: Rachel Morison in London at rmorison@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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