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Evening edition · Friday, 13 November 2026 · 17:30 CET

Less demand, a dearer Saturday: the auction that refused to follow the calendar

Saturday's power was bought on Friday for more than Friday's, while the oil watchdog sees a barrel back in surplus. Also: a flat DAX over busy shares, the 2027 budget signed off with one promise left open, new powers and new checks for the intelligence services, a record month in England's A&E, and Spain's new olive oil near three euros.

Morning 08:30 · Evening 17:30 · Sunday 10:00, Berlin time

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ENERGY · LEAD Chart

Less demand, a dearer Saturday: the auction that refused to follow the calendar

Saturday's power was bought on Friday at €197.72, more than Friday's. Meanwhile the oil watchdog says the barrel is back in surplus and gas had its dearest week in a while. Read the invoices, not the mood.

You would expect a Saturday to be cheap. Factories idle, offices dark, demand down. The auction for Saturday 14 November cleared on Friday, and it says otherwise. Delivery on Saturday will average €197.72 per megawatt hour for Germany and Luxembourg, against €161.74 for Friday. Desk arithmetic: that is €35.98, or about 22%, dearer than the day before, and it ends three straight falls since Tuesday's record €351.48.

The forecasters do not expect more demand. SMARD's forecast puts Saturday's consumption at about 1,252.8 GWh, against 1,449.3 GWh for Friday. Desk arithmetic: roughly 196 GWh, or 13.6%, less power wanted, and a higher price for it. Something else has to give, and the one public number that would tell us what, Saturday's wind forecast, had not been published when we checked at 16:32 CET. We will not fill that gap with a guess.

Energy & Industry · 3 min · Read the piece →

Desk notes

End of edition · added

Before you close the tab

One thing you can do this week

Pick one day a month, the first Saturday will do, and press the test button on every smoke alarm in your home until it beeps. Note the date on a sticky label inside a kitchen cupboard, and next to it the year printed on the back of each alarm. It takes three minutes. A device that only speaks in an emergency deserves to be asked, now and then, whether it can still speak at all.

A habit, not advice.

What went right

Two years after the Wood White butterfly was returned to Fineshade Wood in Northamptonshire, volunteers recorded 746 sightings there this year, against 73 in 2025, a rise of 922%, the charity Butterfly Conservation says 1. The project began in 2024 with 20 adult butterflies moved from two other Forestry England woods, and 23 more were released last summer 1. Since 1992 the species' distribution has fallen by 76%, and it now survives in only a dozen fragments of its former range 1. The warm spring helped, but the charity credits years of habitat work: keeping the grassy rides open and the caterpillars' food plants growing 1. "Seeing hundreds of Wood Whites flying through Fineshade today shows what's possible," said Dr Jamie Wildman of Butterfly Conservation 1. The money came from Natural England's Species Recovery Programme 1. Mowing a path on schedule is not a headline; it is how a headline like this one gets made.

The day in one sentence

The Bundestag gave the intelligence services new powers and a panel of former judges to check them first, the DAX took a breather after its record, and the pumps passed on a week of cheaper oil; on Friday the checks mattered as much as the powers.

In euros at home

Filling up got cheaper again this week. On Thursday a litre of Super E10 cost €1.949 on the ADAC's nationwide daily average, a little over six cents or 3.2% less than a week earlier, and diesel fell by a little over six cents to €2.188 2. Diesel, unusually, is still well above petrol 2. Brent crude stood at a little over $93 a barrel on Thursday, against a little over $113 before the US congressional elections 2. Desk arithmetic: six cents less on a 50-litre tank of E10 is about €3 a fill-up; and at Thursday's prices the same 50 litres of diesel cost about €11.95 more than E10 (23.9 cents a litre).

ADAC nationwide daily averages for Thursday 12 Nov 2026, as reported by dpa-AFX on 13 Nov; prices vary by region, station and time of day. Nothing here is advice.

Small words

Nachrichtendienst (intelligence service)

In German law, a service that gathers information, covertly if need be, under legal and parliamentary oversight, but without police powers: it cannot arrest anyone 3. Friday's reform lets the BND and the domestic intelligence service do more, from disrupting attackers' servers to acting against explosives, while arrests and open searches stay with the police 3. "Intelligence services are becoming real secret services," said Interior Minister Alexander Dobrindt; 309 MPs voted yes, 190 no and 71 abstained 3.

Sources for this section

  1. Reintroduced butterfly numbers rocket by 922% after sunshine 'turbo charges' caterpillar growth — Inside Ecology, 12 Nov 2026
  2. Benzinpreise in Deutschland sinken — dpa-AFX (via onvista), 13 Nov 2026, 11:18 CET
  3. BND und Verfassungsschutz dürfen jetzt viel mehr — tagesschau.de, 13 Nov 2026, 14:11 CET

Commentary for information only. Not investment, legal, tax, medical or political advice. "Desk arithmetic" is our own calculation from the cited figures.

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