PARIS: European spot electricity prices for early next week delivery tumbled in wholesale trade on Friday on the back of forecasts showing a sharp fall in electricity demand. * German over-the-counter baseload contract for Monday fell 33.3% to 14 euros ($15.13) a megawatt hour (MWh) by 1042 GMT, compared with the price paid on Thursday […]
EUROPE POWER-Spot prices lifted by drop in renewables power generation
PARIS: European spot electricity prices for day-ahead delivery rose on Thursday on the back of a slump in wind and solar generation, while year-ahead contracts climbed, tracking a rise in carbon, coal and gas futures. * The German over-the-counter baseload contract for Friday delivery was up 6.3% at 21 euros ($22.44) a megawatt hour (MWh) […]
