Europe's first cold spell of the heating season has arrived, pressuring power prices higher as freezing temperatures ushers in increased power demand to heat building structures across the central-west region. German day-ahead power prices jumped to the second-highest level ever, 273.89 euros per megawatt-hour.
Day-ahead power prices are also higher in France and Netherlands. The Deutscher Wetterdienst (DWD), the German Meteorological Service, released a weather note on Tuesday warning of frigid and snowy weather. "Right…Cold Blast Sends Power Prices Soaring In Germany
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