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German spot electricity contracts drop on falling wind supply

PARIS, Sept 24 (Reuters) — The German day-ahead baseload power contract rose 38.8% to €186.05 ($211.82) per megawatt hour by 0715 GMT on Thursday as wind power supply in the country was expected to plummet by nearly 80% ahead of the weekend, LSEG data showed. German wind power supply is seen dropping to 5.6 gigawatts on Friday from Thursday levels of around 28 GW, the LSEG data showed. ($1 = 0.8783 euros) (Reporting by Forrest Crellin; Editing by Susan Fenton) ((Forrest.Crellin@thomsonreuters.com;)

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