PARIS, Jan 20 (Reuters) - European spot electricity prices for Thursday delivery fell on Wednesday due to a projected increase in power generation from German wind turbines and an expected increase in French nuclear availability.
* German baseload power for Thursday dropped 23.1% to 29.75 euros ($36.06) per megawatt hour (MWh) by 1052 GMT.
* The equivalent French contract dipped 15.5% at 42.25 euros/MWh.
* German wind power is set to continue to rise 5.8 gigawatts (GW) on Thursday to 40.5 GW, Refinitiv Eikon data showed.
* In the surrounding Central Western European countries, the residual loads are dropping, mostly because of lower consumption, Refinitiv analysts said.
* French wind power is expected to shed 230 megawatts (MW) to 10.8 GW, the data showed.
* French nuclear availability was unchanged at 85.7% of maximum capacity.
* The restart date for the Penly 1 reactor, accounting for 1.3 GW, was amended to Wednesday from the original restart date of Friday.
* CGT announced new strike action over planned nuclear reforms on Jan. 28 in a statement Wednesday. The rest of the unions have not joined this call for strike action so far, though they have taken part in recent actions.
* On the demand side, Germany is expected to register a day-on-day consumption rise of 590 MW to 64.8 GW, the data showed.
* French consumption is expected to fall 700 MW to 66.9 GW.
* Along the curve, German Cal '22 baseload power gained 0.4% to 50.25 euros/MWh, tracking rising carbon and fuel prices.
* The French 2022 contract rose 0.9% to 51.70 euros/MWh.
* December 2021 expiry European CO2 allowances added 0.5% to 33.25 euros a tonne.
* Hard coal for northern European delivery in 2022 was untraded after closing at $68.70 a tonne Tuesday. ($1 = 0.8249 euros) (Reporting by Forrest Crellin, additional reporting by Benjamin Mallet Editing by Barbara Lewis)
