Europe Power – Day-ahead prices rise sharply as wind supply halves, demand goes up

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Frankfurt — European spot power prices for the day-ahead rose sharply on Monday as previously ample German wind power supply was forecast to contract by nearly half by Tuesday while demand increased. * German over-the-counter baseload power for Tuesday traded at 40.5 euros ($44.23) a megawatt hour (MWh) by 1050 GMT, a rise of 78% […]

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