PARIS, Aug 10 (Reuters) - European electricity spot prices rose on Friday as wind power supply was projected to fall sharply in Germany while nuclear availability in France was also expected to ease.
* The German baseload spot power price for Monday delivery last traded at 55.25 euros ($63.24) per megawatt hour (MWh), up 16.3 percent from a settlement price of 47.50 euros for Friday delivery.
* The equivalent French spot contract was up 25 percent compared with the Friday delivery level at 55.00 euros/MWh.
* Latest projections showed electricity production from German and Austrian wind turbines falling to 11.7 gigawatts (GW) on Monday, about half Friday’s level, although the outlook was higher than a forecast earlier in the day calling for wind supply to drop to 6 GW, Thomson Reuters data showed.
* Demand in Germany and Austria was forecast to be little changed from Friday at 67.9 GW. Average temperatures were set to rise about 2 degrees Celsius after falling this week when a heatwave subsided.
* In France, demand was projected to ease to 38.6 GW on Monday from around 41 GW on Friday.
* Average French temperatures were expected to be 1 degree Celsius higher on Monday compared with Friday but cooler than weekend levels. Next week also marks the height of the French summer holiday period, with the week broken up by an Aug. 15 public holiday.
* On the supply side, a drop in nuclear power capacity, which dominates French electricity supply, also supported spot prices.
* Nuclear availability was 69.65 percent on Friday, down from 71.70 percent on Thursday, Reuters estimates showed.
* Nuclear supply had increased steadily this week as some reactors halted during a recent heatwave came back online.
* On the year-ahead curve, the German Cal’19 contract , the European benchmark, rose 0.6 percent on the day to 45.10 euros/MWh, supported by firm carbon and coal prices.
* The French 2019 delivery contract also added 0.6 percent, to 49.65 euros/MWh.
* European carbon permits for December 2018 expiry rose 1.4 percent to 17.85 euros per tonne, while European delivery AP12 coal for import in 2019 edged up 0.1 percent to $87.00 a tonne. ($1 = 0.8737 euros) (Reporting by Gus Trompiz; Editing by Kirsten Donovan)