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EUROPE POWER-Spot prices drop on low demand forecast

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 […]

Tata Power receives ‘Letter of Intent’ from MAHAGENCO to supply 250MW Power in Maharashtra

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) […]

Green Push Leaves U.K. Energy Supply at the Mercy of Weather – EQ Mag Pro