EUROPE POWER-Forecast surge in wind generation weighs on spot prices

PARIS, Oct 10 (Reuters) - European spot electricity prices for day-ahead delivery fell on Wednesday on the back of an expected rise in wind electricity generation and a drop in consumption.

* The German baseload power price for Thursday delivery tumbled 12.8 percent to 54.50 euros ($62.61) a megawatt hour (MWh).

* The equivalent French price slipped 1.8 percent to 66.25 euros/MWh.

* Electricity generation from German wind turbines is expected to rise by 5.3 gigawatts (GW) to 12 GW on Thursday, according to Refinitiv Eikon data.

* French wind power supply will increase by 310 megawatts (MW) to 4.4 GW day-on-day on Thursday, the data showed.

* French nuclear supply was steady at 73.1 percent of capacity.

* EDF's 1,500 MW Chooz 1 nuclear reactor could halt production from Thursday until Oct. 22 due to a low flow rate at the Meuse river which is used to cool the reactor.

* German power consumption is expected to fall by 320 MW day-on-day on Thursday. French demand will drop by 890 MW during the same period.

* The French November delivery contract gained 4.6 percent to 74.75 euros/MWh. The German equivalent contract gained 0.3 percent to 60.20 euros/MWh.

* A trader said forecasts were showing cooler weather, coupled with a number of French nuclear reactor outages.

* Along the year-ahead curve, prices slipped on Wednesday, alongside coal, gas and carbon emission prices.

* German baseload Cal'19, the European benchmark, fell 1 percent to 53.6 euros.

* French baseload power for 2019 delivery dipped 1 percent to 58.40 euros/MWh.

* European December 2018 expiry CO2 allowances, which power generators must hold to cover their output, shed nearly 2 percent to 20.38 euros a tonne.

* European delivery API2 coal for 2019, another big generation cost, was down 1.03 percent at $96 a tonne.

* German power generation relies on hard and brown coal for just under 40 percent of total output.

* In eastern Europe, the Czech year-ahead contract fell over 3 percent to 55.50 euros/MWh. The day-ahead baseload contract, which mirrors the German price, was down 13.6 percent at 58.50 euros/MWh.

* EDF said on Tuesday that nuclear electricity generation from its reactors in France rose 2.7 percent to 30.1 terrawatt hours (TWh) compared with the same month a year ago, due to lower volume of outages. ($1 = 0.8705 euros) (Reporting by Bate Felix; Editing by Kirsten Donovan)

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