PARIS, January 24 (Reuters) – Spot power prices rose in wholesale trade on Monday, wind generation is expected to fall across the region while demand is expected to increase.

German Tuesday Basic Load TRDEBD1 stood at 271 euros ($306.91) per megawatt hour (MWh) at 10:01 GMT, or 12% more than the price paid last Friday for Monday delivery.

The equivalent contract in France TRFRBD1 was up 9.6% to 274 euros.

Wind power supply across the region is expected to remain low on Tuesday, the Refinitiv analyst said.

German wind power is expected to fall by 1 gigawatt (GW) per day to 5.5 GW on Tuesday, the data showed.

Refinitiv analysis showed the average daily wind supply in the country is expected to jump to nearly 19 GW on Wednesday and hit a high of 38 GW on Thursday.

The power of French wind turbines is expected to drop by 1.7 GW to 270 megawatts (MW) on Tuesday.

Nuclear availability in France was unchanged at 82.5% of installed capacity on Monday.POWER/FR

French unions are planning strikes until January 27 in the mining and energy sectors, among others. They did not say how much production would be affected.

Daily electricity demand in Germany is expected to increase by 1.8 gigawatts (GW) to 65.6 GW on Tuesday, while consumption in France is expected to increase by 1.2 GW to 76.1 GW, according to data from Refinitiv Eikon.

The average temperature in Germany is expected to drop from 2.5 degrees Celsius to 1.5 C on Tuesday.

Along the curve, the first-year German contract TRDEBYZ3 increased by 1.8% to 126 euros/MWh.

French power at one year TRFRBYZ3 was unlisted after closing at 127.38 euros on Friday.

European CO2 quotas due December 2022 CFI2Zc2 gained 1.8% to 85.95 euros per tonne.

The European Union’s draft plan to label gas and nuclear power plants as green investments risks creating confusion and misleading financial information, expert advisers to the bloc have said.

Gas flows from Germany to Poland via the Yamal-Europe gas pipeline have increased since the weekend.

($1 = 0.8830 euros)

(Reporting by Forrest Crellin editing by David Goodman)

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